Dundalk / Essex, MD

August 2026

21221,21222

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,262 – $1,359 0.50% -3.57%
2-Bedroom $1,231 – $1,333 -10.58% -16.92%
3-Bedroom $2,441 – $2,725 0.00% -28.19%
4-Bedroom $2,595 – $2,839 -14.94% -15.60%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,370 – $1,412 -1.09% -0.95%
2-Bedroom $1,488 – $1,564 0.39% -2.63%
3-Bedroom $1,967 – $2,161 2.21% 5.65%
4-Bedroom $2,671 – $2,836 0.04% -1.34%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,797 – $1,889 0.93% 0.22%
2-Bedroom $2,044 – $2,149 -5.34% -2.66%
3-Bedroom $2,018 – $2,186 -13.73% -16.51%
4-Bedroom $2,670 – $2,875 -0.91% -3.25%
Data updated: October 3, 2026
Dundalk / Essex Rental Trends

In the Dundalk / Essex (21221, 21222) rental market, 3-bedroom condo/townhome units recorded a median rent of $2,064 in August 2026, reflecting a 5.65% increase year-over-year. This segment is the only category to report positive annual growth among all tracked unit types and bedroom counts.

Amid rental shifts, 2-bedroom apartments in Dundalk / Essex (21221, 21222) fell 10.58% month-over-month to $1,282, marking the sharpest monthly drop in the area. By contrast, 1-bedroom apartment rents rose 0.50% to $1,311, highlighting a significant gap in recent price movement between segments.

Larger homes within Dundalk / Essex (21221, 21222) saw declines, as 4-bedroom single-family units registered a median rent of $2,772—down 3.25% year-over-year. These data shape Dundalk / Essex (21221, 21222) rental trends for bigger units, further evidenced by a 15.60% YoY drop for 4-bedroom apartments.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,311 $1,282 $2,583 $2,717
July 2026 $1,333 $1,454 $2,583 $3,208
June 2026 $1,343 $1,475 $2,661 $3,197
May 2026 $1,358 $1,481 $2,626 $3,165
April 2026 $1,363 $1,507 $2,621 $3,134
March 2026 $1,387 $1,464 $2,626 $3,114
February 2026 $1,394 $1,478 $2,584 $3,123
January 2026 $1,423 $1,499 $2,612 $3,156
December 2025 $1,387 $1,547 $2,619 $3,194
November 2025 $1,441 $1,561 $2,687 $3,220
October 2025 $1,408 $1,553 $2,692 $3,229
September 2025 $1,442 $1,554 $2,656 $3,227

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,391 $1,526 $2,064 $2,754
July 2026 $1,426 $1,530 $2,031 $2,789
June 2026 $1,450 $1,537 $2,028 $2,782
May 2026 $1,416 $1,558 $2,031 $2,770
April 2026 $1,466 $1,558 $1,990 $2,756
March 2026 $1,417 $1,581 $1,970 $2,684
February 2026 $1,421 $1,572 $1,943 $2,677
January 2026 $1,440 $1,587 $1,952 $2,684
December 2025 $1,421 $1,555 $1,944 $2,726
November 2025 $1,405 $1,566 $1,987 $2,818
October 2025 $1,372 $1,559 $1,988 $2,848
September 2025 $1,442 $1,589 $1,974 $2,843

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,843 $2,097 $2,102 $2,772
July 2026 $1,832 $2,223 $2,515 $2,851
June 2026 $1,809 $2,208 $2,450 $2,863
May 2026 $1,796 $2,159 $2,440 $2,842
April 2026 $1,784 $2,133 $2,417 $2,811
March 2026 $1,779 $2,128 $2,447 $2,790
February 2026 $1,779 $2,108 $2,467 $2,787
January 2026 $1,792 $2,120 $2,493 $2,797
December 2025 $1,808 $2,124 $2,453 $2,795
November 2025 $1,823 $2,190 $2,435 $2,873
October 2025 $1,836 $2,202 $2,519 $2,851
September 2025 $1,844 $2,203 $2,573 $2,912

Similar Markets in Baltimore-Columbia-Towson