{"id":9782,"date":"2025-09-12T12:32:00","date_gmt":"2025-09-12T12:32:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9782"},"modified":"2026-01-12T12:38:41","modified_gmt":"2026-01-12T12:38:41","slug":"baltimore-multifamily-market-report-august-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/baltimore-multifamily-market-report-august-2025\/","title":{"rendered":"Baltimore Multifamily Market Report \u2013 August 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/baltimore-multifamily-market-report\/\">Baltimore Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Moderate Rent, Supply Growth<\/h2>\n<p>Baltimore ended the second quarter with a mixed performance across multifamily fundamentals, according to the latest Yardi Matrix Baltimore multifamily market report. Rent gains remained sluggish but were ahead of the nation. The average advertised asking rent was up 0.3%, on a trailing three-month basis through June, to $1,760, just $1 short of the national average. Baltimore rents were also up 1.6% on a year-over-year basis, clocking in significantly higher than the 0.9% U.S. figure, as noted in the <strong><a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\">U.S. multifamily market report<\/a><\/strong>. Meanwhile, occupancy in the metro ticked up 30 basis points year-over-year through May, to 95.0%. The rate was also ahead of the nation.<\/p>\n<p><iframe id=\"datawrapper-chart-VFAl1\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Baltimore vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/VFAl1\/1\/\" height=\"329\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Employment growth slowed down significantly, to 0.7% year-over-year through April. The metro trailed the nation after staying ahead for all of 2024. Over the 12-month interval ending in April, the metro added 500 net jobs, with education and health services leading growth (11,800 jobs), followed by the public<br \/>sector (1,600). Professional and business services (-8,700 jobs) and leisure and hospitality (-3,000) recorded the largest losses. Baltimore\u2019s Waterfront continues to see large investments, with more than $3 billion committed for ongoing and upcoming mixed-use projects. Among them is the $1 billion Harbor Point, which is nearing completion of its third phase.<\/p>\n<p><iframe id=\"datawrapper-chart-BhHAD\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Baltimore Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/BhHAD\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Baltimore\u2019s supply growth remained moderate, with 1,232 units added in the first half of the year, representing 0.5% of existing stock and in line with 2024\u2019s performance.<\/p>\n<p>Read the full Yardi Matrix Baltimore Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/7782-MatrixMultifamilyBaltimoreReport-August2025\"><strong>August 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Moderate Rent, Supply Growth Baltimore ended the second quarter with a mixed performance across multifamily fundamentals, according to the latest Yardi Matrix Baltimore multifamily market report. Rent gains remained sluggish but were ahead of the nation. The average advertised asking rent was up 0.3%, on a trailing three-month basis through June, to $1,760, just $1 [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[103,513],"class_list":["post-9782","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-2025"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Baltimore Multifamily Market Report \u2013 August 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Baltimore\u2019s average advertised asking rent grew 0.3 percent on a T3 basis through June, 10 bps ahead of the U.S., to $1,760.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/baltimore-multifamily-market-report-august-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baltimore Multifamily Market Report \u2013 August 2025\" \/>\n<meta property=\"og:description\" content=\"Baltimore\u2019s average advertised asking rent grew 0.3 percent on a T3 basis through June, 10 bps ahead of the U.S., to $1,760.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/baltimore-multifamily-market-report-august-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-12T12:32:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-12T12:38:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/04\/Baltimore-iStock-2212475949-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tudor Scolca-Seu\u0219an\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Baltimore Multifamily Market Report \u2013 August 2025 - 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