Real Estate Investing in Baldwin, Maryland (21013)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21013 (Baldwin, MD)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 35.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Baldwin, MD (21013)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 21013 Baldwin
The 21013 ZIP covers a section of Baldwin that demands careful diligence. Prices near $676K look accessible, but the work to make a deal cash flow is real.
Rent of $1,593/mo on a $676K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 21013 sits below the stated 0.0% once reality is priced in.
In practical terms, 21013 offers a low basis, the region around Baldwin has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A solid renter share of 9% in 21013 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 21013 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Baldwin:
Property Strategy for 21013
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $566,943 | $2,280 | 2.9% | +6.3% | $188,981 |
| 4BR | $711,599 | $2,550 | 2.6% | +6.7% | $177,900 |
| 5BR | $823,605 | — | — | +6.2% | $164,721 |
Market Trends
Home Value History (with trend line)
📊 How Does 21013 Compare?
| Metric | 21013 | Baldwin | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $675,946 | $675,946 | N/A | $424,997 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 4.9% |
| Avg Rent | $1,593 | $1,593 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21013 (Baldwin, MD). Anonymous, moderated, never written by AI.
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Property managers serving Baltimore County
Manage rentals here? List your business →American Community Management provides community association management and HOA services across Maryland, Virginia, and D.C. summary from their website
Melan Property Management delivers proactive property management solutions for multifamily and commercial real estate across Maryland, Washington D.C., and Miami. summary from their website
Tidewater Property Management, Inc. is a family-owned company in the Mid-Atlantic providing full-service HOA, condo, and rental property management for single-family and multifamily properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $675,946 |
| Monthly Rent | $1,593 |
| Price-to-Rent | 35.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 21013
Population: 5,985
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 21013
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 8,547 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are eviction rules reasonable in Baldwin, MD?
Landlord-friendliness in Baldwin, MD is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How qualified is the tenant pool in Baldwin, MD?
Tenant quality in Baldwin, MD ranks as solid. Landlords generally report reliable occupancy at market rents of $1,593/mo.
Does house hacking work in Baldwin, MD?
House hacking in Baldwin, MD is a challenging. With home values around $676K and rents at $1,593/mo, owner-occupants can offset a meaningful share of PITI.
What do rentals go for in Baldwin, MD?
Rent in Baldwin, MD is around $1,593/mo. The resulting rent-to-value relationship with $676K pricing is reasonable for most investor models.
What is the median home value in Baldwin, MD?
Median home price in Baldwin, MD is near $676K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
You know 21013 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21013 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 21013 ranks in Baltimore-Columbia-Towson, MD
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