Apartments for Rent in Reservoir Hill, Baltimore, MD

Reservoir Hill, Baltimore apartment availability

Reservoir Hill's rental market offers a good selection of listings, with an average of 57 rentals available each month. The neighborhood's inventory is relatively balanced, with 1-bedroom and 2-bedroom apartments making up the majority of listings. Many of these apartments feature desirable amenities, including in-unit laundry, hardwood floors, and air conditioning, which are available in roughly half of the apartments. With a range of options and convenient amenities, Reservoir Hill is a great neighborhood to consider for renters looking for a comfortable and convenient place to call home.

Reservoir Hill, Baltimore rental market trends

The Reservoir Hill rental market in Baltimore saw a significant increase of about 8.8% last year, with the average monthly rent reaching $1,405. Breaking it down by bed count, 1-bedrooms averaged $1,272 per month, a 13.3% annual increase, while 2-bedrooms averaged $1,473, an 11.9% increase. The average rent for 3-bedrooms was $1,858, a substantial 27.7% increase, and studios averaged $886, a 29.4% increase.

The rental market in Reservoir Hill tends to peak in the spring, with May typically seeing the highest rent, about 11.3% higher than the lowest month, August. If you're looking for a new apartment, be prepared for more competition during the spring months. Conversely, if you're searching for a new place in the late summer, prices in August will be relatively lower. Keep in mind that the rental market can fluctuate, but understanding these trends can help you navigate the Reservoir Hill rental landscape.

Why Reservoir Hill, Baltimore is a great place to live

We've analyzed data from the last few years to understand what makes Reservoir Hill a desirable neighborhood for renters. It's clear that this area excels in two key areas: environmental sustainability and social life.

For those prioritizing eco-friendliness, Reservoir Hill stands out due to its emphasis on sustainable living. Many apartments feature non-toxic paint, low-flow fixtures, and sustainable materials in construction. The neighborhood also promotes recycling, composting, and community solar projects. With its high walk score and access to parks and recreation, residents can easily reduce their carbon footprint.

Additionally, Reservoir Hill fosters a vibrant social scene, thanks to its diverse neighborhood age distribution, reliable transit options, and well-maintained street infrastructure. With a strong sense of community and a focus on safety, this neighborhood is perfect for renters seeking an active social life. If you value environmental responsibility and a lively community, Reservoir Hill is an excellent choice.