Real Estate Investing in Pasadena, Maryland (21122)
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Should you buy in 21122 (Pasadena, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Pasadena, MD (21122)?
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Market Analysis: 21122 Pasadena
This part of Anne Arundel County is not an easy win. The 21122 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 21122 can be a an appealing option for hunting ground — but the discount at $458K reflects genuine risk that outside investors often underestimate.
Regionally, 21122 sits on the difficult end of the MD spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 21122 ZIP's population of 61,589 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Strategy in 21122 is an operator game, not a passive one. From a cash-flow lens, entry prices of $458K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Pasadena:
Property Strategy for 21122
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $333,630 | $2,350 | 5.1% | +5.8% | $166,815 |
| 3BR | $427,735 | $2,980 | 5.0% | +5.3% | $142,578 |
| 4BR | $533,832 | $3,300 | 4.5% | +5.1% | $133,458 |
| 5BR | $721,365 | — | — | +5.5% | $144,273 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 21122 Compare?
| Metric | 21122 | Pasadena | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $458,306 | $1,768,746 | N/A | $424,997 |
| 5-Year CAGR | 2.7% | 4.6% | N/A | 4.9% |
| Avg Rent | $2,486 | $2,300 | N/A | - |
| Cap Rate | 4.2% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21122 (Pasadena, MD). Anonymous, moderated, never written by AI.
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Property managers serving Anne Arundel 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
Annapolis Property Services offers property management for homes, apartments, and house rentals, including marketing, tenant screening, rent guarantee, and maintenance. summary from their website
J&L Property Management offers back-office support for association needs, including self-managed, on-site, and portfolio-managed communities. 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 | $458,306 |
| Monthly Rent | $2,486 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | -3.7% ▼ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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 21122
Population: 61,589
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 21122
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 8,156 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Pasadena, MD make sense for an investment property?
Investors tracking Pasadena, MD will find a 3.0/5 rating supported by $458K median home values and $2,486/mo rents. That profile suits long-term holders targeting consistent returns.
What investment strategy works best in Pasadena, MD?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Pasadena, MD. The numbers - $458K homes against $2,486/mo rents - support that play.
How expensive is real estate in Pasadena, MD?
Expect median prices around $458K in Pasadena, MD. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
How qualified is the tenant pool in Pasadena, MD?
Pasadena, MD offers a even-keeled renter base at the $2,486/mo rent level. Tenant turnover is reasonable for well-managed properties.
Are there empty rentals in Pasadena, MD?
Rental vacancy in Pasadena, MD is elevated. Investors should budget normal turnover but not chronic empty units.
You know 21122 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21122 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 21122 ranks in Baltimore-Columbia-Towson, MD
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