Dundalk, Maryland Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Dundalk, Maryland rental market.

Dundalk, Maryland

Average Apartment Rent

$1,308

Y-o-Y Change in Average
Apartment Rent

1%

As of March 2026

Compared to a year ago, Dundalk, Maryland apartments have recorded a 1% rent increase.

Dundalk, Maryland Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Dundalk $1,292 $1,284 $1,270 $1,271 $1,285 $1,295 $1,325 $1,297 $1,308
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Dundalk
National
Jul 2023
$1,292
$1,735
Nov 2023
$1,284
$1,724
Mar 2024
$1,270
$1,729
Jul 2024
$1,271
$1,750
Nov 2024
$1,285
$1,743
Mar 2025
$1,295
$1,749
Jul 2025
$1,325
$1,763
Nov 2025
$1,297
$1,749
Mar 2026
$1,308
$1,750

Dundalk, Maryland Average Apartment Rent

Dundalk, Maryland Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 67.18%, apartments priced $1,000 - $1,500 represent the bulk of Dundalk, Maryland rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.71%.

Dundalk, Maryland Housing tenure**

Renter occupied housing units 9,138
Owner occupied housing units 15,667

Renters take up 37% of Dundalk, Maryland real estate, occupying a total of 9,138 units, while homeowners live in 15,667 properties.

Median number of rooms of renter-occupied housing units**

4.8

Renter median household income**

$41,791

Average household size of renter-occupied housing units**

2.83

Rental vacancy rate**

3.1%

Dundalk, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 146
1 bed 1,809
2 beds 3,900
3 beds 2,578
4 beds 634
5 or more beds 71

There are 3,900 rentals in Dundalk, Maryland with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 71 units. Overall, the median number of rooms in Dundalk, Maryland homes for rent is 4.8.

Dundalk, Maryland Renter-occupied units by age of householder**

15 - 24 years 420
25 - 34 years 2,024
35 - 44 years 2,339
45 - 54 years 1,380
55 - 59 years 725
60 - 64 years 781
65 - 74 years 830
75 - 84 years 532
85 years and over 107

Most condos for rent in Dundalk, Maryland are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Dundalk, Maryland Renter-occupied housing units by family type**

Family households 5,841
Non-Family Households 3,297

Dundalk, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 4,221
No related children of the householder under 18 4,917

A total of 5,841 apartments for rent in Dundalk, Maryland, or 64% of all rentals are family households. Additionally, 46% of rental homes include children under the age of 18 – that’s 4,221 units. All in all, the median size of a renter-occupied household in Dundalk, Maryland is 2.83.

Dundalk, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 1,654
High school graduate (including equivalency) 3,633
Some college or associate's degree 2,835
Bachelor's degree or higher 1,016

In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 18% of the homes for rent in Dundalk, Maryland.

Dundalk, Maryland Renter-occupied units by year structure built**

Built 2010 - 2019 318
Built 2000 - 2009 326
Built 1990 - 1999 680
Built 1980 - 1989 408
Built 1970 - 1979 1,106
Built 1960 - 1969 1,239
Built 1950 - 1959 2,752
Built 1940 - 1949 1,481
Built 1939 or earlier 828

The highest share of Dundalk, Maryland apartment rentals, namely 30% or 2,752 units, were Built 1950 - 1959, followed by those Built 1940 - 1949 (16%, 1,481 units), and the ones Built 1960 - 1969 (14%, 1,239 units).

Dundalk, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 412
Moved in 2018 to 2020 3,016
Moved in 2010 to 2017 3,888
Moved in 2000 to 2009 1,302
Moved in 1990 to 1999 221
Moved in 1989 or earlier 299

Median year renter moved into unit 2016

Most Dundalk, Maryland renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Dundalk, Maryland condos for rent is 2016.

Dundalk, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 2,476
1 vehicle available 4,390
2 vehicles available 1,817
3 vehicles available 343
4 or more vehicles available 112

When it comes to transportation options, 48% of Dundalk, Maryland renters have 1 vehicle available per household, 27% of them have No vehicle available, and 20% have 2 vehicles available.

Dundalk, Maryland Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 6,798
Car, truck, or van - carpooled 1,007
Public transportation (excluding taxicab) 950
Walked 272
Taxicab, motorcycle, bicycle, or other means 241
Worked at home 356

Dundalk, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 20,940
Moved within same county 3,157
Moved from different county within same state 798
Moved from different state 243
Moved from abroad 437

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Dundalk, Maryland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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