Can you afford to live in Baltimore?

Median household income, home values and rent in Baltimore, MD — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Baltimore.

Median household income: $59,623 — +41.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,290/mo — +35.6% since 2015

Median home value, 2015 to 2023

• 2015: 152400
• 2023: 219300

Median household income

• Baltimore: 59623
• Baltimore city: 59623
• MD: 101652
• U.S.: 78538

Median gross rent

• Baltimore: 1290
• Baltimore city: 1290
• MD: 1662
• U.S.: 1348

Share of income a typical renter spends on rent: 32.1% — U.S.: 30.2%

What it means

The typical household here earns $59,623 — notably lower than the national figure of $78,538.

The typical renter here spends 32.1% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+41.1% versus +35.6%), before adjusting for inflation.