{"id":6720,"date":"2026-08-31T13:49:00","date_gmt":"2026-08-31T13:49:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=6720"},"modified":"2026-09-08T05:43:49","modified_gmt":"2026-09-08T05:43:49","slug":"baltimore-multifamily-market-report","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/baltimore-multifamily-market-report\/","title":{"rendered":"Baltimore Multifamily Market Report \u2013 August 2026"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-rent-growth-moves-at-measured-pace\">Rent Growth Moves At Measured Pace<\/h2>\n\n\n\n<p>At the end of the first half of 2026, Baltimore\u2019s multifamily fundamentals indicated a modest performance, according to the latest Yardi Matrix Baltimore multifamily market report. The average advertised asking rent was up 0.3%, on a trailing three-month basis as of June, to $1,774, 10 basis points above the U.S. rate, as reported in the <strong><a href=\"\/blog\/national-multifamily-market-report\/\">U.S. multifamily market report<\/a><\/strong>. The latest forecast projects a 1.9% expansion for Baltimore in 2026. The metro\u2019s average overall occupancy clocked in below 95%, marking a 40-basis-point decrease over 12 months.<\/p>\n\n\n<p><iframe title=\"Baltimore vs. National Rent Growth\" aria-label=\"Line chart\" id=\"datawrapper-chart-zYMNa\" src=\"https:\/\/datawrapper.dwcdn.net\/zYMNa\/1\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"326\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n\n\n<p><\/p>\n\n\n\n<p><br>Baltimore employment growth was down 2.6% through April, 250 basis points below the U.S. figure. Only two sectors recorded net positive gains in the 12 months ending in April 2026, with education and health services adding 6,600 positions. The area\u2019s unemployment stood at 3.9% as of May, 40 basis points below the U.S. figure, according to preliminary data from the Bureau of Labor Statistics. Tradepoint Atlantic and Terminal Investment broke ground on the 168-acre Sparrows Point Container Terminal. The $1.2 billion project will expand container handling capacity at the Port of Baltimore by 70% and will create 8,000 jobs.<\/p>\n\n\n\n<p><\/p>\n\n\n<p><iframe title=\"Baltimore Employment Share by Sector\" aria-label=\"Table\" id=\"datawrapper-chart-VSg8k\" src=\"https:\/\/datawrapper.dwcdn.net\/VSg8k\/1\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"417\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n\n\n<p><br>Baltimore developers added 745 units in the first six months of 2026. That was 0.3% of existing stock and 60 basis points lower than the U.S. rate of completions. Transaction activity gained momentum from 2025\u2019s volume. At $320 million, it was double the sales total recorded during the same period last year.<\/p>\n\n\n\n<p>Read the full Yardi Matrix Baltimore Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/multifamily-metro\/matrix-multifamily-baltimore-report-august-2026\/\"><strong>August 2026<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rent Growth Moves At Measured Pace At the end of the first half of 2026, Baltimore\u2019s multifamily fundamentals indicated a modest performance, according to the latest Yardi Matrix Baltimore multifamily market report. The average advertised asking rent was up 0.3%, on a trailing three-month basis as of June, to $1,774, 10 basis points above the [&hellip;]<\/p>\n","protected":false},"author":753,"featured_media":10798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[103,519],"class_list":["post-6720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-baltimore","tag-multifamily-outlook-2026"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Baltimore Multifamily Market Report | Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Access the up-to-date Baltimore multifamily market report by Yardi 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