Houses Currently Listed for Rent on MLS
Competitive Rental Market
Renting a house in Downtown Baltimore can be challenging in some of the sought after neighborhoods such as Federal Hill, Fells Point, Canton, Upper Fells Point, Locust Point etc. Home prices have seen a drastic increase over the past 2 years with price increases ranging from 10 to 30%. There is a very high demand and a relatively low supply of rental houses. Due to the high rent prices, city occupants generally share houses as groups of 2,3, and sometimes 4 roommates. Renters are mostly young professionals, single, couples or young families.
In this highly competitive market, it helps to be prepared. Collect required documentations, 2 most recent pay stubs, or an offer letter of employment, bank statements showing direct deposits or other proofs of income. A recent copy of a credit report with score might also be helpful. Fill out forms and come to any showing prepared to make an offer by submitting an application. If you find a place you like, be sure to move swiftly to apply without delay. Do not start your search too early, a time frame of 3-8 weeks prior to the anticipated move in date is ideal for Baltimore, as houses don't get listed too early like in most cities.
Good luck with your search !
Upper Fells Point