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Baltimore suburbs outpace city in multifamily rent growth

Vacancy pressures weigh on city rents as suburban markets maintain momentum
CoStar Analytics
January 14, 2026 | 4:51 P.M.

Baltimore’s multifamily market is showing a clear split between suburban strength and urban softness, with outlying counties posting the strongest rent gains while several city neighborhoods contend with rising vacancies and rent declines.

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