Cash Flow Investing in Baltimore, MD

Cash Flow Score: 3.2/10Ranked #45 of 52 markets

Data-driven cash flow analysis for Baltimore, MD — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Cash Flow Score:3.2
Rent-to-Price Ratio(30%)
0.75%4.8
Cap Rate(30%)
6.5%4.2
Low Vacancy(20%)
14.7%0.0
Low Property Taxes(20%)
2.25%2.5

Key Metrics for Cash Flow

Cap Rate

6.5%

Good

Rent-to-Price

0.75%

Below 1% rule

Vacancy Rate

14.7%

Elevated

Property Tax

2.25%

Above average

Cash Flow Investment Thesis

Baltimore offers high rent-to-price ratios close to DC, but population decline and high vacancy require neighborhood-level analysis. Canton, Federal Hill, and Hampden are investor favorites.

How Baltimore Compares

RankCityCash Flow ScoreCap RateMedian Price
#40Austin, TX3.44.3%$450,000
#41Seattle, WA3.43.8%$720,000
#42San Diego, CA3.43.5%$820,000
#43Savannah, GA3.25.9%$275,000
#44Los Angeles, CA3.23.2%$900,000
#45Baltimore, MD3.26.5%$180,000
#46Orlando, FL3.05.3%$355,000

Showing markets ranked near Baltimore for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,350/mo)$16,200
Less: Vacancy (14.7%)-$2,381
Less: Property Tax (2.25%)-$4,050
Less: Insurance (~0.5%)-$900
Less: Maintenance (~1.5%)-$2,700
Estimated NOI$6,169
Implied Cap Rate3.4%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the cash flow score for Baltimore, MD?

Baltimore, MD scores 3.2 out of 10 on our cash flow score, ranking #45 out of 52 markets we track. Weighted composite: rent-to-price ratio (30%), cap rate (30%), low vacancy (20%), low property taxes (20%). Scale 0–10.

Is Baltimore a good city for cash flow investing?

Baltimore, MD ranks #45 for cash flow investing with a score of 3.2/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Baltimore?

The average cap rate in Baltimore, MD is 6.5%. The median home price is $180,000 with a median monthly rent of $1,350, resulting in a rent-to-price ratio of 0.75%.

What are the property taxes in Baltimore?

The effective property tax rate in Baltimore, MD is 2.25%. On a $180,000 property, that translates to approximately $4,050 per year in property taxes.

How does Baltimore compare to other cash flow markets?

Among our 52 tracked markets, Baltimore, MD ranks #45 for cash flow investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

Does Baltimore meet the 1% rule?

Baltimore, MD has a rent-to-price ratio of 0.75%, which falls significantly below the 1% rule. However, the 1% rule is a rough guideline — individual deals can still cash flow well in this market.

Run Your Own Numbers for Baltimore

Use our free calculators pre-filled with Baltimore, MD market data, or adjust the numbers for your specific deal.