Real Estate Investing in Halethorpe, Maryland (21227)

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

Baltimore County • Population: 35,695 • Data updated: September 2026

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Should you buy in 21227 (Halethorpe, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

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 Halethorpe, MD (21227)?

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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 $313,147
Avg Monthly Rent $1,702
1% Rule ✗ Does Not Meet
Median Income $78,626
% Renters 33.7%

Market Analysis: 21227 Halethorpe

Not every below-median market is a bargain. Halethorpe's 21227 ZIP shows signals that favor experienced operators who can absorb the risk $313K pricing implies.

The 21227 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

From a cash-flow lens, 21227 offers a low basis, the region around Halethorpe has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Employment concentration in 21227 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategy in 21227 is an operator game, not a passive one. Looking more closely, entry prices of $313K 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 Halethorpe:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Rising (+4.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,702/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 21227

Which property type performs best in this market?

Best for Cash Flow
2BR
5.6% cap rate
Best for Appreciation
3BR
+6.1% 5yr CAGR
Best Overall Value
5BR
$80,734/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $227,659 $1,770 5.6% +5.5% $113,830
3BR $309,839 $2,280 5.3% +6.1% $103,280
4BR $358,856 $2,550 5.1% +5.4% $89,714
5BR $403,670 +4.9% $80,734

Market Trends

Home Value History (with trend line)

$325K$293K$261K$228K$196K$163KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,828$1,755$1,681$1,608$1,535$1,462Nov 2023Mar 2025Jul 2026

📊 How Does 21227 Compare?

Metric 21227 Halethorpe Baltimore-Columbia-Towson, MD Maryland
Home Value $313,147 $313,147 N/A $424,997
5-Year CAGR 4.2% 4.2% N/A 4.9%
Avg Rent $1,702 $1,702 N/A -
Cap Rate 4.2% 4.2% - -
💡 Why Invest in 21227? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 21227 (Halethorpe, 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

HOA
Unclaimed — is this your business? Claim it free

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

Small multifamilyCommercial
Unclaimed — is this your business? Claim it free

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

HOASmall multifamilySingle-familyCommercial
Unclaimed — is this your business? Claim it free

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
4.2%
Fair
5yr Growth
+4.2%
Moderate

📊 Market Snapshot

Home Value $313,147
Monthly Rent $1,702
Price-to-Rent 15.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.5%
Cap Rate 4.2%
5-Year IRR 8.4%

📈 Home Appreciation

1-Year +4.2% ▲
3-Year CAGR +3.7% ▲
5-Year CAGR +4.2% ▲
10-Year CAGR +4.9% ▲

🏠 Rent Trends

1-Year +2.7% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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.

Vacancy
3.4%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.2%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 21227

Population: 35,695

💰 Median Household Income
$78,626
This area
$78,626
State
$107,932
USA
$74,580
🏠 Renter Occupied
33.7%
This area
33.7%
State
23.8%
USA
34.0%
💼 Unemployment Rate
3.2%
This area
3.2%
State
-20.0%
USA
3.7%
🎓 College Educated
26.9%
This area
26.9%
State
10.6%
USA
33.7%
👤 Median Age
37.2 years
This area
37.2 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
3.4%
This area
3.4%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
White 64.6%
Black/African American 18.1%
Other/Mixed 12.6%
Hispanic/Latino 9.2%
Asian 4.6%
👶 Under 18
21.1%
This area
21.1%
USA
22.0%
👴 65 and Over
15.1%
This area
15.1%
USA
17.3%
📊 Poverty Rate
11.0%
This area
11.0%
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 21227

A Avg School Grade
10 Schools
13.2:1 Avg Class Size
$18,242 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Halethorpe Elementary

📚 Pre-K – 05 Elementary
👥
281 Students
👨‍🏫
11.2:1 Class Size
💰
$18,242 Per Student
A+ Excellent

Arbutus Elementary

📚 Pre-K – 05 Elementary
👥
379 Students
👨‍🏫
14.3:1 Class Size
💰
$18,242 Per Student
A+ Excellent

Baltimore Highlands Elementary

📚 Pre-K – 05 Elementary
👥
495 Students
👨‍🏫
13.9:1 Class Size
💰
$18,242 Per Student
A+ Excellent

Lansdowne Elementary

📚 Pre-K – 05 Elementary
👥
621 Students
👨‍🏫
13.9:1 Class Size
💰
$18,242 Per Student
A+ Excellent

Lansdowne Middle

📚 06 – 08 Middle
👥
739 Students
👨‍🏫
12.3:1 Class Size
💰
$18,242 Per Student
A+ Excellent

Riverview Elementary

📚 Pre-K – 05 Elementary
👥
553 Students
👨‍🏫
14.6:1 Class Size
💰
$18,242 Per Student
A Very Good

Relay Elementary

📚 Pre-K – 05 Elementary
👥
574 Students
👨‍🏫
16.2:1 Class Size
💰
$18,242 Per Student
A Very Good

Lansdowne High

📚 09 – 12 High School
👥
1,352 Students
👨‍🏫
14.1:1 Class Size
💰
$18,242 Per Student
A Very Good

Maiden Choice School

📚 Pre-K – 12 K-12
👥
120 Students
👨‍🏫
4.9:1 Class Size
💰
$18,242 Per Student
B+ Above Average

Arbutus Middle

📚 06 – 08 Middle
👥
983 Students
👨‍🏫
16.5:1 Class Size
💰
$18,242 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 624 Off-Campus Students
D
Cortiva Institute
251 students · 1.7 mi
B
University of Maryland-Baltimore County
14,148 students · 2.1 mi
D
Empire Beauty School-Glen Burnie
73 students · 4.2 mi
C+
University of Maryland, Baltimore
6,667 students · 4.4 mi
C
Baltimore Studio of Hair Design
39 students · 4.8 mi
B
Coppin State University
2,101 students · 5.0 mi
D
University System of Maryland-Research Centers
0 students · 5.1 mi
D
University System of Maryland
0 students · 5.1 mi

Investor Insight: With 624 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Do landlords face vacancy issues in Halethorpe, MD?

Expect elevated vacancy in Halethorpe, MD. Rents at $1,702/mo are absorbed by the tenant base without meaningful lag.

How do landlord-tenant laws work in Halethorpe, MD?

MD ranks as a landlord-friendly state for landlord-tenant law. Halethorpe generally follows the statewide framework, so landlords face reasonable operating rules.

What approach is best for Halethorpe, MD real estate?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Halethorpe, MD. The numbers - $313K homes against $1,702/mo rents - support that play.

Can owner-occupants cash flow in Halethorpe, MD?

Halethorpe, MD offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,702/mo rent level.

How much does a house cost in Halethorpe, MD?

Homes in Halethorpe, MD typically sell near $313K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

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How 21227 ranks in Baltimore-Columbia-Towson, MD

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Cash Flow → Appreciation → Affordable → 1% Rule →
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