Real Estate Investing in Baltimore, Maryland (21214)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Baltimore City • Population: 21,295 • Data updated: September 2026

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Should you buy in 21214 (Baltimore, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Baltimore, MD (21214)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $260,769
Avg Monthly Rent $1,453
1% Rule ✗ Does Not Meet
Median Income $77,398
% Renters 22.1%

Market Analysis: 21214 Baltimore

The 21214 ZIP in Baltimore, MD is a local-operator market. Outside capital chasing a $261K entry has to pair deep knowledge with the discount.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $261K asset, 21214 is the wrong submarket. If the plan prices in friction, the yield can still work.

Nearby ZIPs in Baltimore have seen price recovery that 21214 has not matched. Baltimore City data supports the view that the spread is structural rather than temporary.

Demographically, 21214 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Strategy in 21214 is an operator game, not a passive one. Meanwhile, entry prices of $261K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Baltimore:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+4.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,453/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Baltimore-Columbia-Towson, MD Metro Area
Even conditions for buyers and sellers
35 days
Average time to sell
Average
10.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Baltimore-Columbia-Towson, MD metro data
🏠

Property Strategy for 21214

Which property type performs best in this market?

Best for Cash Flow
3BR
6.2% cap rate
Best for Appreciation
2BR
+7.1% 5yr CAGR
Best Overall Value
5BR
$67,987/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $206,228 $1,770 6.2% +7.1% $103,114
3BR $264,319 $2,280 6.2% +6.9% $88,106
4BR $308,912 $2,550 5.9% +6.4% $77,228
5BR $339,934 +6.4% $67,987

Market Trends

Home Value History (with trend line)

$275K$241K$208K$175K$142K$109KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,033$1,893$1,753$1,613$1,473$1,333Jan 2026May 2026Jul 2026

📊 How Does 21214 Compare?

Metric 21214 Baltimore Baltimore-Columbia-Towson, MD Maryland
Home Value $260,769 $181,225 N/A $424,997
5-Year CAGR 4.4% 1.8% N/A 4.9%
Avg Rent $1,453 $1,757 N/A -
Cap Rate 4.4% 7.5% - -
💡 Why Invest in 21214? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 21214 (Baltimore, MD). Anonymous, moderated, never written by AI.

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Property managers serving Baltimore City County

Manage rentals here? List your business →

Real Property Management Reliable Solutions is a property management company serving Baltimore, MD. summary from their website

Unclaimed — is this your business? Claim it free

RPR Property Management, LLC provides property management services for rental properties. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+4.4%
Moderate

📊 Market Snapshot

Home Value $260,769
Monthly Rent $1,453
Price-to-Rent 15.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.7%
Cap Rate 4.4%
5-Year IRR 8.8%

📈 Home Appreciation

1-Year +4.8% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +4.4% ▲
10-Year CAGR +5.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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.

Vacancy
7.0%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.4%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 21214

Population: 21,295

💰 Median Household Income
$77,398
This area
$77,398
State
$107,932
USA
$74,580
🏠 Renter Occupied
22.1%
This area
22.1%
State
23.8%
USA
34.0%
💼 Unemployment Rate
4.4%
This area
4.4%
State
-20.0%
USA
3.7%
🎓 College Educated
40.2%
This area
40.2%
State
10.6%
USA
33.7%
👤 Median Age
41.2 years
This area
41.2 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
7.0%
This area
7.0%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
Black/African American 58.9%
White 35.2%
Other/Mixed 5.4%
Hispanic/Latino 2.3%
Asian 0.4%
👶 Under 18
21.3%
This area
21.3%
USA
22.0%
👴 65 and Over
16.5%
This area
16.5%
USA
17.3%
📊 Poverty Rate
5.5%
This area
5.5%
USA
11.5%

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 21214

A Avg School Grade
7 Schools
13.6:1 Avg Class Size
$23,862 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Garrett Heights Elementary/Middle

📚 Pre-K – 08 School
👥
333 Students
👨‍🏫
12.8:1 Class Size
💰
$23,862 Per Student
A+ Excellent

Reginald F. Lewis High

📚 09 – 12 High School
👥
444 Students
👨‍🏫
13.1:1 Class Size
💰
$23,862 Per Student
A+ Excellent

City Neighbors High

📚 09 – 12 High School Charter
👥
419 Students
👨‍🏫
13.3:1 Class Size
💰
$23,862 Per Student
A Very Good

Baltimore International Academy West

📚 K – 08 School Charter
👥
207 Students
👨‍🏫
12.9:1 Class Size
💰
$23,862 Per Student
A Very Good

Hamilton Elementary/Middle

📚 Pre-K – 08 School
👥
837 Students
👨‍🏫
15.9:1 Class Size
💰
$23,862 Per Student
A Very Good

Achievement Academy at Harbor City High

📚 09 – 12 High School
👥
202 Students
👨‍🏫
12.2:1 Class Size
💰
$23,862 Per Student
A Very Good

City Neighbors Hamilton

📚 K – 08 School Charter
👥
235 Students
👨‍🏫
15.2:1 Class Size
💰
$23,862 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Moravia Park Elementary

📚 Pre-K – 05 Elementary
📍 6001 Frankford Avenue, Baltimore
👥
629 Students
👨‍🏫
11.9:1 Class Size
💰
$23,862 Per Student
A+ Excellent

Margaret Brent Elementary/Middle

📚 Pre-K – 08 School
📍 100 E 26th Street, Baltimore
👥
237 Students
👨‍🏫
11.0:1 Class Size
💰
$23,862 Per Student
A+ Excellent

Abbottston Elementary

📚 Pre-K – 05 Elementary
📍 1300 Gorsuch Avenue, Baltimore
👥
338 Students
👨‍🏫
14.7:1 Class Size
💰
$23,862 Per Student
A+ Excellent

Barclay Elementary/Middle

📚 Pre-K – 08 School
📍 2900 Barclay Street, Baltimore
👥
398 Students
👨‍🏫
14.7:1 Class Size
💰
$23,862 Per Student
A+ Excellent

Fort Worthington Elementary/Middle

📚 K – 08 School
📍 2710 E Hoffman Street, Baltimore
👥
682 Students
👨‍🏫
13.9:1 Class Size
💰
$23,862 Per Student
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

8 Nearby 3,830 Off-Campus Students
C+
Morgan State University
9,808 students · 1.3 mi
C
Holistic Massage Training Institute
28 students · 2.9 mi
C
Notre Dame of Maryland University
1,836 students · 3.0 mi
C+
Loyola University Maryland
5,107 students · 3.1 mi
A
Johns Hopkins University
30,362 students · 3.5 mi
B
Towson University
19,527 students · 3.8 mi
D
Fortis Institute-Towson
373 students · 4.1 mi
C
University of Baltimore
3,101 students · 4.2 mi

Investor Insight: With 3,830 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Are there empty rentals in Baltimore, MD?

Expect elevated vacancy in Baltimore, MD. Rents at $1,453/mo are absorbed by the tenant base without meaningful lag.

Are tenants stable in Baltimore, MD?

Tenant demand in Baltimore, MD is solid. The local workforce $1,453/mo rents across most rental classes.

What is the best play in Baltimore, MD?

A careful cash-flow rentals with hands-on management strategy Baltimore, MD best. The market produces stable results for that approach at the $261K price point.

Is Baltimore, MD a friendly market for rental owners?

The landlord environment in Baltimore, MD is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Is housing expensive in Baltimore, MD?

In Baltimore, MD the median home value sits at $261K. Against the broader MD market, that reads as reasonable for most investors.

You know 21214 now. You don’t know where it ranks.

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How 21214 ranks in Baltimore-Columbia-Towson, MD

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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