{
  "schema_version": "1.0",
  "submarket": {
    "slug": "bel-air-md",
    "name": "Bel Air",
    "state": "MD",
    "city": "BEL AIR",
    "cbsa": "Baltimore-Columbia-Towson",
    "zip_codes": [
      "21014",
      "21015"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T03:15:23.557Z",
    "last_updated_at": "2026-10-03T03:15:24.220Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1661,
        "low": 1619,
        "high": 1702,
        "mom_pct": -1.6536363636363633,
        "yoy_pct": -2.3327272727272725
      },
      "2br": {
        "median": 1937,
        "low": 1875,
        "high": 1999,
        "mom_pct": -5.278181818181818,
        "yoy_pct": -3.8663636363636367
      },
      "3br": {
        "median": 2797,
        "low": 2713,
        "high": 2880,
        "mom_pct": -0.53,
        "yoy_pct": -0.555
      },
      "4br": {
        "median": 3250,
        "low": 3205,
        "high": 3272,
        "mom_pct": -0.105,
        "yoy_pct": -0.165
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1723,
        "low": 1680,
        "high": 1766,
        "mom_pct": -2.4299999999999997,
        "yoy_pct": -2.8600000000000003
      },
      "2br": {
        "median": 1928,
        "low": 1867,
        "high": 1990,
        "mom_pct": -4.9592307692307696,
        "yoy_pct": -4.150769230769231
      },
      "3br": {
        "median": 2620,
        "low": 2523,
        "high": 2717,
        "mom_pct": 3.533333333333333,
        "yoy_pct": 3.183333333333333
      },
      "4br": {
        "median": 3101,
        "low": 3008,
        "high": 3194,
        "mom_pct": 1.6966666666666665,
        "yoy_pct": 0.08999999999999996
      }
    },
    "single_family": {
      "1br": {
        "median": 1988,
        "low": 1938,
        "high": 2032,
        "mom_pct": 0.325,
        "yoy_pct": 1.195
      },
      "2br": {
        "median": 2193,
        "low": 2138,
        "high": 2248,
        "mom_pct": -1.36875,
        "yoy_pct": -0.83
      },
      "3br": {
        "median": 2687,
        "low": 2579,
        "high": 2794,
        "mom_pct": -4.280909090909091,
        "yoy_pct": -6.347272727272727
      },
      "4br": {
        "median": 3279,
        "low": 3180,
        "high": 3377,
        "mom_pct": 2.165,
        "yoy_pct": 0.555
      }
    }
  },
  "vacancy": 5.319,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 31,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "2BR apartments fall 5.3% MoM to $1,937",
      "body": "In the Bel Air (21014, 21015) rental market, 2-bedroom apartments experienced a significant drop in pricing, with median rent declining 5.28% month-over-month to $1,937 and an annual decrease of 3.87%. This highlights the pronounced downward shift across mid-sized apartment rentals."
    },
    {
      "headline": "3BR condos outperform apartments by $177",
      "body": "Despite declines elsewhere, 3-bedroom condos in Bel Air (21014, 21015) posted a 3.53% MoM rent increase to $2,620 and a 3.18% YoY rise, outperforming 3-bedroom apartments by $177 in median rent. This segment remains comparatively more resilient among larger rentals."
    },
    {
      "headline": "4BR apartments show minimal decline at $3,250",
      "body": "Recent Bel Air (21014, 21015) rental trends indicate that 4-bedroom apartments underwent a minor month-over-month decrease of 0.11%, landing at a median rent of $3,250. The annual change was just -0.17%, demonstrating limited volatility at the high end of apartment offerings."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Bel Air, MD range from $1,661 to $3,279 per month depending on property type and bedroom count.",
      "The sharpest year-over-year change was in 3BR single-family homes, which saw a -6.35% decline in median rent.",
      "For 2BR units, single-family homes command $2,193 while apartments and condos rent for $1,937 and $1,928 respectively."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Bel Air, MD as of August 2026?",
        "answer": "Median rents in Bel Air, MD range from $1,661 for 1BR apartments up to $3,279 for 4BR single-family homes in August 2026."
      },
      {
        "question": "How much is the premium gap between apartments and condos for the same bedroom count in Bel Air, MD?",
        "answer": "For 1BR, condos rent for $1,723 while apartments are $1,661, a $62 premium for condos; at 2BR, condos are $1,928 versus $1,937 for apartments, a $9 premium for apartments; for 3BR, apartments are $2,797 compared to $2,620 for condos, a $177 premium for apartments; and for 4BR, apartments are $3,250 versus $3,101 for condos, a $149 premium for apartments."
      },
      {
        "question": "Which property type and bedroom count has the most affordable rent in Bel Air, MD?",
        "answer": "The lowest median rent in August 2026 is $1,661 for a 1BR apartment in Bel Air, MD."
      },
      {
        "question": "What is the premium gap between apartments and single-family homes for the same bedroom count in Bel Air, MD?",
        "answer": "For 1BR, single-family homes have a $327 premium ($1,988 vs $1,661); for 2BR, single-family homes are $256 higher ($2,193 vs $1,937); for 3BR, apartments command a $110 premium ($2,797 vs $2,687); and for 4BR, single-family homes have a $29 premium ($3,279 vs $3,250)."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1661,
          "2br": 1937,
          "3br": 2797,
          "4br": 3250
        },
        "condo_townhome": {
          "1br": 1723,
          "2br": 1928,
          "3br": 2620,
          "4br": 3101
        },
        "single_family": {
          "1br": 1988,
          "2br": 2193,
          "3br": 2687,
          "4br": 3279
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1693,
          "2br": 2049,
          "3br": 2812,
          "4br": 3253
        },
        "condo_townhome": {
          "1br": 1767,
          "2br": 2031,
          "3br": 2537,
          "4br": 3027
        },
        "single_family": {
          "1br": 1981,
          "2br": 2229,
          "3br": 2808,
          "4br": 3209
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1697,
          "2br": 2070,
          "3br": 2799,
          "4br": 3240
        },
        "condo_townhome": {
          "1br": 1762,
          "2br": 2028,
          "3br": 2530,
          "4br": 3017
        },
        "single_family": {
          "1br": 1969,
          "2br": 2207,
          "3br": 2786,
          "4br": 3196
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1715,
          "2br": 2040,
          "3br": 2746,
          "4br": 3205
        },
        "condo_townhome": {
          "1br": 1743,
          "2br": 2031,
          "3br": 2489,
          "4br": 2968
        },
        "single_family": {
          "1br": 1939,
          "2br": 2186,
          "3br": 2749,
          "4br": 3156
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1679,
          "2br": 1998,
          "3br": 2720,
          "4br": 3167
        },
        "condo_townhome": {
          "1br": 1730,
          "2br": 2020,
          "3br": 2463,
          "4br": 2971
        },
        "single_family": {
          "1br": 1915,
          "2br": 2176,
          "3br": 2723,
          "4br": 3131
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1687,
          "2br": 1959,
          "3br": 2704,
          "4br": 3141
        },
        "condo_townhome": {
          "1br": 1737,
          "2br": 2000,
          "3br": 2449,
          "4br": 2953
        },
        "single_family": {
          "1br": 1903,
          "2br": 2166,
          "3br": 2726,
          "4br": 3114
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1652,
          "2br": 1964,
          "3br": 2722,
          "4br": 3139
        },
        "condo_townhome": {
          "1br": 1718,
          "2br": 1978,
          "3br": 2465,
          "4br": 2950
        },
        "single_family": {
          "1br": 1899,
          "2br": 2161,
          "3br": 2730,
          "4br": 3107
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1678,
          "2br": 1990,
          "3br": 2738,
          "4br": 3161
        },
        "condo_townhome": {
          "1br": 1719,
          "2br": 1978,
          "3br": 2473,
          "4br": 2969
        },
        "single_family": {
          "1br": 1910,
          "2br": 2158,
          "3br": 2745,
          "4br": 3120
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1671,
          "2br": 1996,
          "3br": 2759,
          "4br": 3185
        },
        "condo_townhome": {
          "1br": 1735,
          "2br": 1981,
          "3br": 2486,
          "4br": 2951
        },
        "single_family": {
          "1br": 1924,
          "2br": 2168,
          "3br": 2739,
          "4br": 3134
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1697,
          "2br": 2006,
          "3br": 2779,
          "4br": 3218
        },
        "condo_townhome": {
          "1br": 1767,
          "2br": 2016,
          "3br": 2495,
          "4br": 2983
        },
        "single_family": {
          "1br": 1935,
          "2br": 2189,
          "3br": 2767,
          "4br": 3166
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1690,
          "2br": 2008,
          "3br": 2791,
          "4br": 3234
        },
        "condo_townhome": {
          "1br": 1790,
          "2br": 2008,
          "3br": 2492,
          "4br": 3022
        },
        "single_family": {
          "1br": 1956,
          "2br": 2203,
          "3br": 2787,
          "4br": 3199
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1721,
          "2br": 2024,
          "3br": 2800,
          "4br": 3249
        },
        "condo_townhome": {
          "1br": 1791,
          "2br": 2012,
          "3br": 2494,
          "4br": 3084
        },
        "single_family": {
          "1br": 1957,
          "2br": 2214,
          "3br": 2839,
          "4br": 3230
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/bel-air-md/",
    "self": "https://data.estaite.com/feeds/bel-air-md.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}