Matrix Multifamily Baltimore Report-March 2022 March 24, 2022

Baltimore’s Slow Rents, Fast-Paced Sales

Multifamily investment activity doubled year-over-year, achieving record levels in 2021. Meanwhile, deliveries hit a historic low for the metro. Rent growth cooled off during the winter to an overall average of $1,611, with T3 improvement at 0.1 percent as of January.