Rental numbers for Maryland
6 of 167 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.8%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 5.8%
- 167 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $428,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,995/mo
- median across 167 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| Baltimore city | $183,000 | $1,801 | 11.8% | 6.8% | +$52 | +3.6% |
| Allegany County | $158,000 | $1,018 | 7.7% | 3.5% | -$393 | +5.1% |
| Dorchester County | $271,000 | $1,744 | 7.7% | 4.1% | -$534 | n/a |
| Wicomico County | $275,000 | $1,613 | 7.0% | 3.6% | -$652 | +2.8% |
| Charles County | $447,000 | $2,404 | 6.5% | 3.2% | -$1,215 | +3.5% |
| Cecil County | $385,000 | $1,864 | 5.8% | 2.7% | -$1,207 | +1.3% |
| Baltimore County | $361,000 | $1,730 | 5.8% | 2.4% | -$1,211 | +1.5% |
| Calvert County | $483,000 | $2,303 | 5.7% | 2.8% | -$1,491 | +4.2% |
| Worcester County | $423,000 | $2,002 | 5.7% | 2.8% | -$1,297 | +4.7% |
| Anne Arundel County | $507,000 | $2,337 | 5.5% | 2.6% | -$1,625 | +2.1% |
| Harford County | $418,000 | $1,914 | 5.5% | 2.5% | -$1,398 | +2.7% |
| Prince George's County | $425,000 | $1,939 | 5.5% | 2.2% | -$1,506 | +1.1% |
| St. Mary's County | $435,000 | $1,981 | 5.5% | 2.5% | -$1,439 | +0.1% |
| Talbot County | $491,000 | $2,195 | 5.4% | 2.7% | -$1,556 | +1.1% |
| Frederick County | $498,000 | $2,210 | 5.3% | 2.3% | -$1,738 | +2.2% |
| Washington County | $329,000 | $1,450 | 5.3% | 2.2% | -$1,166 | +2.0% |
| Queen Anne's County | $525,000 | $2,228 | 5.1% | 2.3% | -$1,821 | +3.2% |
| Howard County | $633,000 | $2,387 | 4.5% | 1.5% | -$2,624 | +3.1% |
| Montgomery County | $611,000 | $2,295 | 4.5% | 1.8% | -$2,395 | +0.2% |
| Carroll County | $491,000 | $1,828 | 4.5% | 1.6% | -$1,986 | +3.2% |
| Caroline County | $330,000 | not published | n/a | n/a | n/a | n/a |
| Garrett County | $336,000 | not published | n/a | n/a | n/a | n/a |
| Kent County | $387,000 | not published | n/a | n/a | n/a | n/a |
| Somerset County | $212,000 | not published | n/a | n/a | n/a | n/a |
Highest-yield ZIP codes in Maryland
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 21205Baltimore | $107,000 | $1,852 | 20.9% | +$675 |
| 21217Baltimore | $95,000 | $1,583 | 20.1% | +$568 |
| 21213Baltimore | $116,000 | $1,715 | 17.7% | +$485 |
| 21216Baltimore | $114,000 | $1,616 | 17.0% | +$403 |
| 21202Baltimore | $185,000 | $1,773 | 11.5% | +$8 |
| 21224Baltimore | $235,000 | $2,182 | 11.1% | +$19 |
| 21229Baltimore | $173,000 | $1,566 | 10.9% | -$53 |
| 21230Baltimore | $268,000 | $2,220 | 9.9% | -$236 |
| 21215Baltimore | $160,000 | $1,321 | 9.9% | -$189 |
| 21231Baltimore | $290,000 | $2,324 | 9.6% | -$329 |
Trends
Five years to August 2026
- Price, 12 months
- +0.0%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.97%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $377,310 |
| Aug 2022 | $403,041 |
| Aug 2023 | $410,677 |
| Aug 2024 | $420,939 |
| Aug 2025 | $428,225 |
| Aug 2026 | $428,308 |
Costs that vary by state
- Effective property tax
- 0.97%
- Census ACS 2024
- Landlord insurance default
- $1,894/yr
- NAIC HO-3 $1,578 x 1.2
- Permits per 1,000 households
- 5.7
- last 12 months
- Median typical price
- $438,000
- tier A ZIPs
Metros
Questions
- Is Maryland good for rental property?
- 6 of 167 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.8%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in Maryland?
- About 0.97% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in Maryland?
- NAIC's 2023 average homeowners (HO-3) premium in Maryland was $1,578. Landlord policies usually cost more, so this site assumes $1,894 a year. Quotes depend on the property, coverage and claims history.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.