Apartments for Rent in Federal Hill - Montgomery, Baltimore, MD

Federal Hill - Montgomery, Baltimore apartment availability

Federal Hill - Montgomery's rental market offers a good selection of listings, with an average of 41 rentals available each month. The neighborhood's inventory is comprised mostly of 2-bedroom apartments, followed closely by 1-bedroom and 3-bedroom units. Many of these apartments offer desirable amenities, including in-unit laundry, which is available in 85% of rentals, and dishwashers, which are found in 82% of apartments. Additionally, 63% of rentals in Federal Hill - Montgomery are pet-friendly with some restrictions, making it a suitable option for renters with pets.

Federal Hill - Montgomery, Baltimore rental market trends

Federal Hill - Montgomery in Baltimore is experiencing a moderate increase in rent prices, with the average monthly rent across all property types rising 3.96% year-over-year to $2,156. The most notable increases are seen in 2-bedrooms, which now average $2,179 per month, a 3.86% jump from the previous year. In contrast, studio prices have decreased significantly.

Renters looking for the best deals should consider searching in April, when prices are typically 4.43% lower than the peak month of September. This period of lower demand offers budget-conscious renters a better shot at affordability in the area. Conversely, September is the most expensive time to apartment hunt, with prices averaging $2,156.

Overall, the rental market in Federal Hill - Montgomery is characterized by steady growth, with 1-bedrooms and 3-bedrooms seeing modest increases of 2.25% and 1.86%, respectively. As the area continues to attract renters, it's essential to be mindful of these trends to secure the best possible deal.

Why Federal Hill - Montgomery, Baltimore is a great place to live

Federal Hill - Montgomery stands out as a hub for environmentally conscious individuals and those seeking a vibrant social life. The neighborhood's emphasis on sustainability is reflected in its use of non-toxic paint, waste recycling and composting programs, and incorporation of sustainable materials in construction. Energy-efficient appliances, rainwater harvesting systems, and community solar projects further contribute to its eco-friendly reputation. Meanwhile, a thriving social scene is supported by a diverse range of restaurants, convenient public transit options, well-designed street infrastructure, and a strong focus on safety. With its abundance of shared community spaces and parks, Federal Hill - Montgomery offers a unique blend of environmental responsibility and urban excitement, making it an attractive choice for like-minded residents.