Baltimore, MD Airbnb Market Data, Statistics, and Occupancy Rates

Baltimore Short-Term Rental Market Overview

Baltimore presents an attractive short-term rental opportunity for investors, earning an ROI score of 65 out of 100 driven largely by an above-average revenue-to-price ratio. With average home values around $328,236 and annual STR revenue averaging $19,968, the market offers a favorable entry point compared to many East Coast metros. The city's mix of tourism, waterfront attractions, and healthcare and education institutions creates diverse demand, though occupancy at 32% sits slightly below Maryland's 35% state average.

Key Market Statistics

According to Rabbu market data, the Baltimore short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Baltimore

Baltimore's favorable revenue-to-price ratio and diversified demand drivers make it a compelling market for STR investors seeking affordable entry with reasonable yield potential.

Expert Market Assessment

"Baltimore represents a moderate-to-strong STR opportunity, particularly for investors who can acquire properties at or below the market's average home value. Seasonality is pronounced — revenue peaks from May through August with monthly averages above $2,000, while January bottoms out near $969, creating roughly a 2:1 spread between peak and off-peak months. The above-average revenue-to-price ratio is the market's standout strength, though average occupancy and growth trends are closer to middle-of-the-road. Investors targeting 2–4 bedroom properties may find the best balance of revenue potential and manageable acquisition costs."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Baltimore

Average revenue by month in Baltimore

Baltimore's revenue cycle peaks in June at $2,134 and bottoms in January at $969, creating a clear summer-heavy seasonality pattern with a roughly 2.2x spread between peak and trough months. Investors should budget for slower winter months, as November through February all fall below the $1,664 annual average.

Active Airbnb listings by property size in Baltimore

One-bedroom units dominate Baltimore's supply with 350 listings (over half the market), while 2-bedrooms account for 165 and 3-bedrooms for 90. Larger properties with 4+ bedrooms are relatively scarce — just 55 combined listings — which may signal opportunity for investors willing to target higher-capacity homes with less competition.

Average daily rate (ADR) by property size in Baltimore

ADR scales sharply with property size in Baltimore, jumping from $86 for 1-bedrooms to $369 for 4-bedrooms and $579 for 6+ bedroom properties. The most pronounced premium-to-size jump occurs between 3-bedrooms ($192) and 4-bedrooms ($369), nearly doubling the nightly rate with just one additional bedroom.

Average RevPAN by property size in Baltimore

Revenue per available night climbs steadily from $26 for studios to $92 for 4-bedroom properties, with 6+ bedrooms delivering the market's highest RevPAN at $200. The 4-bedroom sweet spot at $92 RevPAN stands out as a strong performer that balances occupancy-adjusted revenue without requiring the scale of a 6+ bedroom home.

Average occupancy rates by property size in Baltimore

Occupancy rates are remarkably consistent across studios through 2-bedrooms at 33%, then taper to 30% for 3-bedrooms and 25% for 4-bedrooms, with 5-bedrooms dipping to 20%. The exception is 6+ bedroom properties, which lead the market at 35% occupancy — suggesting strong group-travel demand for the largest listings.

Average monthly revenue by property size in Baltimore

Monthly revenue ranges from $1,038 for studios to $7,094 for 6+ bedroom properties, with a meaningful jump between 2-bedrooms ($2,057) and 3-bedrooms ($2,745). For investors seeking a mid-range entry, 3-bedroom listings offer nearly 2.5x the revenue of 1-bedrooms while competing in a less crowded supply tier.

Average annual revenue by property size in Baltimore

Annual revenue potential tops out at $85,139 for 6+ bedroom properties, though the limited supply of just 8 listings in that category makes it a niche play. Four-bedroom properties offer the best large-home balance at $47,779 annually, while 2-bedrooms at $24,694 provide a solid mid-market option above the overall market average of $19,968.

Most common amenities for Airbnb listings in Baltimore

Parking (93%) and kitchen access (92%) are near-universal in Baltimore's STR market, reflecting guest expectations for self-sufficient stays, while self check-in (82%) and laundry (80% washer, 77% dryer) are also standard. A dedicated workspace at 71% suggests meaningful remote-work demand, and investors who add differentiating amenities like pet-friendliness (29%) or a pool (3%) may capture underserved guest segments.

Understanding Baltimore's ROI Score: 65/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Baltimore's ROI score of 65 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio — average home values of $328,236 pair well with nearly $20,000 in annual STR revenue. Occupancy stability, market growth, and supply/demand balance all rate at average levels, suggesting the market is competitive but not saturated. Investors should pair these metrics with thorough local regulatory research and property-level due diligence to validate their specific investment thesis.

Short-Term Rental Regulations in Baltimore

Understanding local STR regulations is essential before investing in Baltimore. Here's the current regulatory landscape:

Permit Requirements

Baltimore, Maryland may require short-term rental operators to obtain a permit or register their property with the city before listing on platforms like Airbnb. Investors should verify current requirements directly with Baltimore's housing or licensing department and review any Maryland state-level regulations that apply.

Key Restrictions

Common STR restrictions in markets like Baltimore can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and caps on the number of permits issued. HOA or condo association rules may impose additional limitations, so investors should review all applicable governing documents before purchasing a property.

Tax Obligations

Short-term rental operators in Maryland are typically subject to state and local occupancy taxes, sales tax, and possibly a tourism or lodging tax. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a local tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Baltimore can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Baltimore's short-term rental market is expected to maintain steady, if modest, growth. Seasonal patterns suggest revenue will concentrate between May and September, with June peak months potentially generating $2,100+ per listing. ADR may see incremental gains in the 1–3% range as supply absorbs the 123% year-over-year increase in active listings. Investors should monitor whether occupancy stabilizes or softens further as new inventory enters the market."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Baltimore, MD

What is the average Airbnb occupancy rate in Baltimore?

The average Airbnb occupancy rate in Baltimore is currently 32%, which sits slightly below Maryland's state average of 35%. Occupancy varies by property size, with studios, 1-bedroom, and 2-bedroom units averaging 33%, while larger properties like 4-bedrooms drop to around 25%. Notably, 6+ bedroom listings achieve the highest occupancy at 35%.

How much do Airbnb hosts make in Baltimore?

Baltimore Airbnb hosts earn an average of $1,664 per month, which translates to approximately $19,968 per year based on trailing 12-month performance. Earnings vary significantly by property size — 1-bedroom listings average around $1,097 per month, while 4-bedroom properties bring in roughly $3,981 monthly and 6+ bedroom homes can generate over $7,094 per month.

Is Baltimore a good market for Airbnb investment?

Baltimore earns a Rabbu ROI Score of 65 out of 100, rated as an 'Attractive Opportunity.' The market's strongest asset is its above-average revenue-to-price ratio, with average home values around $328,236 supporting reasonable returns on investment. Occupancy stability and market growth trend at average levels, so investors who price competitively and target the right property sizes can position themselves well in this market.

What is the average daily rate (ADR) for Airbnb in Baltimore?

The average daily rate for Airbnb listings in Baltimore is $139, which is significantly below Maryland's state average of $368. ADR scales meaningfully with property size — studios average $81, 2-bedrooms reach $152, 4-bedrooms command $369, and 6+ bedroom properties top the market at $579 per night.

Are short-term rentals legal in Baltimore?

Short-term rentals operate in Baltimore, but operators may need to obtain permits or register with the city. Regulations can include requirements around licensing, safety inspections, and tax collection. Since local rules can change, prospective investors should verify current STR regulations directly with Baltimore city authorities and review any applicable Maryland state requirements before listing a property.

When is peak season for Airbnb in Baltimore?

Peak season for Airbnb in Baltimore runs from May through August, with June generating the highest average monthly revenue at $2,134. July and August remain strong at $2,109 and $2,098 respectively. The slowest months are January ($969) and February ($1,011), making the summer-to-winter revenue spread roughly 2:1.

How many Airbnbs are there in Baltimore?

As of April 2026, there are 692 active Airbnb listings in Baltimore. The market has seen significant growth, with a 123% year-over-year increase in active listings. One-bedroom properties dominate the supply with 350 listings, followed by 2-bedrooms at 165 and 3-bedrooms at 90.

How is Airbnb revenue calculated in Baltimore?

The annual and monthly revenue figures for Baltimore are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the remaining data up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and how actively the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Baltimore market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking data
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Supply distribution and popular amenity data for active listings

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Individual results will vary based on property location, condition, pricing strategy, and management quality.