{
  "schema_version": "1.0",
  "submarket": {
    "slug": "federal-hill-locust-point-md",
    "name": "Federal Hill / Locust Point",
    "state": "MD",
    "city": "BALTIMORE",
    "cbsa": "Baltimore-Columbia-Towson",
    "zip_codes": [
      "21230"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:20:55.883Z",
    "last_updated_at": "2026-10-03T03:06:26.156Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1964,
        "low": 1895,
        "high": 2033,
        "mom_pct": -0.91,
        "yoy_pct": 6.74
      },
      "2br": {
        "median": 2425,
        "low": 2328,
        "high": 2522,
        "mom_pct": 3.82,
        "yoy_pct": 12.390000000000002
      },
      "3br": {
        "median": 2316,
        "low": 2258,
        "high": 2374,
        "mom_pct": -2.11,
        "yoy_pct": 0.3
      },
      "4br": {
        "median": 3261,
        "low": 3183,
        "high": 3284,
        "mom_pct": -0.03,
        "yoy_pct": -0.55
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1847,
        "low": 1801,
        "high": 1894,
        "mom_pct": -3.32,
        "yoy_pct": 0.19
      },
      "2br": {
        "median": 2283,
        "low": 2192,
        "high": 2375,
        "mom_pct": 2.67,
        "yoy_pct": 10.31
      },
      "3br": {
        "median": 2507,
        "low": 2432,
        "high": 2582,
        "mom_pct": -0.76,
        "yoy_pct": 1.91
      },
      "4br": {
        "median": 3154,
        "low": 3060,
        "high": 3249,
        "mom_pct": 2.01,
        "yoy_pct": -0.4
      }
    },
    "single_family": {
      "1br": {
        "median": 1406,
        "low": 1371,
        "high": 1441,
        "mom_pct": -9.29,
        "yoy_pct": -8.46
      },
      "2br": {
        "median": 1604,
        "low": 1540,
        "high": 1668,
        "mom_pct": -10.84,
        "yoy_pct": -12.06
      },
      "3br": {
        "median": 1790,
        "low": 1745,
        "high": 1835,
        "mom_pct": 5.12,
        "yoy_pct": 2.7099999999999995
      },
      "4br": {
        "median": 2600,
        "low": 2535,
        "high": 2678,
        "mom_pct": -0.73,
        "yoy_pct": -2
      }
    }
  },
  "vacancy": 8.22,
  "days_on_market": {
    "apartment": 43,
    "condo_townhome": 28,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "2BR apartment median up 3.82% MoM",
      "body": "In the Federal Hill / Locust Point (21230) rental market, 2-bedroom apartments posted a month-over-month increase, reaching a $2,425 median rent in August 2026—up 3.82% compared to July. This segment also recorded a 12.39% year-over-year rise, positioning it as one of the most rapidly appreciating apartment sizes in the area."
    },
    {
      "headline": "Single-family 2BR declines 10.84% MoM",
      "body": "Rents for 2-bedroom single-family homes in Federal Hill / Locust Point (21230) dropped to $1,604, down 10.84% over the previous month. The annual change stood at -12.06%, emphasizing how single-family properties have underperformed compared to multifamily options with similar bedroom counts."
    },
    {
      "headline": "3BR condos command $191 premium",
      "body": "For three-bedroom units, condos held a median rent of $2,507, leading apartments by $191 as apartment medians stood at $2,316. This price gap reflects how Federal Hill / Locust Point (21230) rental trends favor condo and townhome layouts over apartment configurations for larger residences."
    }
  ],
  "summary": {
    "canonical": [],
    "qa": []
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1964,
          "2br": 2425,
          "3br": 2316,
          "4br": 3261
        },
        "condo_townhome": {
          "1br": 1847,
          "2br": 2283,
          "3br": 2507,
          "4br": 3154
        },
        "single_family": {
          "1br": 1406,
          "2br": 1604,
          "3br": 1790,
          "4br": 2600
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1982,
          "2br": 2336,
          "3br": 2366,
          "4br": 3262
        },
        "condo_townhome": {
          "1br": 1911,
          "2br": 2224,
          "3br": 2526,
          "4br": 3092
        },
        "single_family": {
          "1br": 1550,
          "2br": 1799,
          "3br": 1703,
          "4br": 2619
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1941,
          "2br": 2331,
          "3br": 2346,
          "4br": 3240
        },
        "condo_townhome": {
          "1br": 1873,
          "2br": 2184,
          "3br": 2455,
          "4br": 3121
        },
        "single_family": {
          "1br": 1521,
          "2br": 1803,
          "3br": 1696,
          "4br": 2606
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1901,
          "2br": 2318,
          "3br": 2291,
          "4br": 3206
        },
        "condo_townhome": {
          "1br": 1888,
          "2br": 2198,
          "3br": 2447,
          "4br": 3103
        },
        "single_family": {
          "1br": 1518,
          "2br": 1835,
          "3br": 1658,
          "4br": 2588
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1839,
          "2br": 2263,
          "3br": 2235,
          "4br": 3165
        },
        "condo_townhome": {
          "1br": 1845,
          "2br": 2198,
          "3br": 2437,
          "4br": 3029
        },
        "single_family": {
          "1br": 1507,
          "2br": 1814,
          "3br": 1620,
          "4br": 2553
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1828,
          "2br": 2212,
          "3br": 2226,
          "4br": 3144
        },
        "condo_townhome": {
          "1br": 1841,
          "2br": 2198,
          "3br": 2427,
          "4br": 3020
        },
        "single_family": {
          "1br": 1519,
          "2br": 1753,
          "3br": 1615,
          "4br": 2563
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1816,
          "2br": 2189,
          "3br": 2220,
          "4br": 3140
        },
        "condo_townhome": {
          "1br": 1804,
          "2br": 2133,
          "3br": 2342,
          "4br": 3053
        },
        "single_family": {
          "1br": 1517,
          "2br": 1729,
          "3br": 1609,
          "4br": 2575
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1831,
          "2br": 2236,
          "3br": 2193,
          "4br": 3154
        },
        "condo_townhome": {
          "1br": 1807,
          "2br": 2100,
          "3br": 2265,
          "4br": 3083
        },
        "single_family": {
          "1br": 1526,
          "2br": 1733,
          "3br": 1643,
          "4br": 2594
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1836,
          "2br": 2240,
          "3br": 2213,
          "4br": 3172
        },
        "condo_townhome": {
          "1br": 1813,
          "2br": 2066,
          "3br": 2282,
          "4br": 3102
        },
        "single_family": {
          "1br": 1540,
          "2br": 1789,
          "3br": 1649,
          "4br": 2603
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1851,
          "2br": 2258,
          "3br": 2269,
          "4br": 3204
        },
        "condo_townhome": {
          "1br": 1805,
          "2br": 2104,
          "3br": 2382,
          "4br": 3092
        },
        "single_family": {
          "1br": 1541,
          "2br": 1777,
          "3br": 1697,
          "4br": 2624
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1868,
          "2br": 2229,
          "3br": 2326,
          "4br": 3235
        },
        "condo_townhome": {
          "1br": 1822,
          "2br": 2108,
          "3br": 2442,
          "4br": 3069
        },
        "single_family": {
          "1br": 1555,
          "2br": 1786,
          "3br": 1731,
          "4br": 2646
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1875,
          "2br": 2196,
          "3br": 2339,
          "4br": 3261
        },
        "condo_townhome": {
          "1br": 1822,
          "2br": 2075,
          "3br": 2500,
          "4br": 3129
        },
        "single_family": {
          "1br": 1520,
          "2br": 1787,
          "3br": 1740,
          "4br": 2652
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/federal-hill-locust-point-md/",
    "self": "https://data.estaite.com/feeds/federal-hill-locust-point-md.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}