Walnut Street Finance Blog

Top Neighborhoods for Real Estate Investment in Baltimore, MD

Posted by Walnut Street Finance Team on Jul 18, 2018 8:00:00 AM

Whether you are planning to purchase an investment property to rent, turn into an Airbnb, or to fix and flip, 2018 is quickly becoming a great year for real estate investing in Baltimore. With a steady, dependable economy, Baltimore is a very reliable market for investing; however, with houses being sold very quickly and the current rise in prices, you need to know exactly where to buy so you can act both quickly and smartly. So let’s take a look at the best neighborhoods for real estate investment properties in Baltimore, MD.

What Drives Baltimore’s Real Estate Investment Stability?

One word: jobs. Dependable employment is a major factor when determining a neighborhood’s desirability. Some industries worth paying attention to are healthcare, tech and education — all of which are expected to boom as millennials continue to move into the job market.

The Port of Baltimore also helps drive jobs and industry. In 2017 alone, the Port handled 38.4 million tons of general cargo, which includes 10.7 million tons of cargo handled through its public terminals — a new Port record.

Plus, Baltimore’s colleges and universities, such as John Hopkins University and the University of Maryland are dependable predictors of housing needs. Wherever you find an institution of knowledge, you’ll find people looking for a place to live.

The Top Neighborhoods for Real Estate Investment in Baltimore, MD

row of colorful town homes

Charles Village

As the home of Johns Hopkins University, Charles Village is an ideal place to look for an investment property. There you’ll find condos, row homes, new construction and more. Students and faculty alike call it home, not to mention a large number of people who are happy to live in a neighborhood that has been on the National Register of Historic Places since 1983. Easily walkable and well served by public transit, you’ll be happy to know that 78 percent of residents there are renters.

  • Median home value: $245,453
  • Median rent: $1,029


North of downtown with a small-town feel, this is a great little neighborhood both singles and young families, so you can really capture the burgeoning millennial market. There you’ll find row homes, duplexes single-family homes, often in a Victorian style. More than half the people who live there are renters, and property comes at a fair price.

  • Median home value: $200,371
  • Median rent: $1,130


Nestled snugly near the Baltimore beltway and I-83, this vibrant community is a highly convenient place to live. Inside its borders are multitudes of row homes, as well as attached and semi-detached townhomes. Parks and playgrounds abound there, and nearly one half of its residents are renters.

  • Median home value: $160,459
  • Median rent: $959

Seton Hill

This adorable neighborhood is centered around the lovely Saint Mary’s Park, and in it you’ll find a unique mix of row houses both large and small. Students and staff of the University of Maryland and the University of Baltimore can be found throughout, on their way to and from class. And because 84 percent of its residents are renters, this neighborhood is an ideal place for a real estate investment in Baltimore, MD.

  • Median home value: $155,823
  • Median rent: $906


Located in the heart of Baltimore, Waverly is a historic village with incredible walkability and access to public transportation. There’s a vast array of row houses there, as well as single detached and semi-detached townhomes. People who live in their neighborhood can easily get to downtown, Towson and the beltway. Plus, more than half of the people who live there are renters.

  • Median home value: $123,144
  • Median rent: $953

Hollins Market

Hollins Market is a neighborhood on the rise. This historic, southwest location is right near downtown, as well as the Stadium district. This ethnically diverse neighborhood is home to a classic row homes, and it has recently seen a large influx of young people. And with 72 percent of its residents being renters, it makes for a great place to look for an investment property.

  • Median home value: $128,173
  • Median rent: $998

Washington Village/Pigtown

Washington Village/Pigtown is ideally located near downtown Baltimore, I-95, the stadiums and public transit. It’s also gaining a lot of traction lately, with students, young couples, elderly and more all choosing to call it home. It’s packed with condos, row homes, new construction and more, and it has recently seen new residents, businesses and organizes flocking to it. Plus, more than 50 percent of its residents are renters, making it a great place to buy investment properties.

  • Median home value: $158,976
  • Median rent: $1,376


Another great investment neighborhood in Baltimore, MD is Lauraville. An idyllic suburb in the northeast, Lauraville is home to a large number of single-family homes. Residents enjoy tree-lined streets, plenty of parkland and the Lauraville/Hamilton Main Street, which is packed with well-reviewed restaurants. Easily walkable with great public transit, a quarter of its population rents its living space.

  • Median home value: $182,682
  • Median rent: $1,250

Find Your Dream Neighborhood for Real Estate Investment in Baltimore, MD

Houses are going quickly, but with the right knowledge and insight, you can make your next real estate investment succeed. Now that you know the neighborhoods to look in, it’s time to start looking at what’s available in and around them. It won’t be long before your ideal investment property presents itself to you and starts paying off!

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