Canton / Fells Point, MD
August 2026
21224,21231
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,687 – $1,798 | -16.06% | -4.93% |
| 2-Bedroom | $2,452 – $2,683 | 6.08% | 12.60% |
| 3-Bedroom | $2,660 – $2,824 | 0.04% | 0.33% |
| 4-Bedroom | $3,183 – $3,260 | 0.12% | -1.07% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,823 – $1,917 | -10.15% | -0.75% |
| 2-Bedroom | $2,012 – $2,144 | -0.53% | 4.21% |
| 3-Bedroom | $2,396 – $2,518 | -1.76% | -1.76% |
| 4-Bedroom | $2,874 – $3,052 | -1.26% | -2.11% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,502 – $1,580 | -3.14% | -1.53% |
| 2-Bedroom | $1,909 – $2,048 | 4.18% | 6.53% |
| 3-Bedroom | $2,397 – $2,519 | 2.08% | 2.12% |
| 4-Bedroom | $2,823 – $2,997 | 0.10% | 0.31% |
In the Canton / Fells Point (21224, 21231) rental market, 1-bedroom apartments experienced a sharp decrease with median rent falling 16.06% month-over-month to $1,743, alongside a 4.93% year-over-year decline. These numbers reflect notable downward pressure in this segment across Canton / Fells Point (21224, 21231).
Among 2-bedroom options in Canton / Fells Point (21224, 21231), apartments are priced at $2,567, outpacing condos/townhomes at $2,078 by $489. Annual rent growth for 2BR apartments reached 12.6%, compared to 4.21% for condo/townhome units, indicating apartments are seeing higher rent increases in this size category.
Rental investors should note that Canton / Fells Point (21224, 21231) rental trends highlight single-family 2-bedroom homes reaching $1,978, with a 4.18% month-over-month gain and 6.53% year-over-year growth. This segment shows positive momentum for owners in Canton / Fells Point (21224, 21231).