Trend of Rental Yield in Baltimore city, Maryland

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Baltimore city under performed than Maryland by -7.8
• % Change Population: Baltimore city under performed than US by -7.6
• CAGR Population: Baltimore city under performed than state by -1.2
• CAGR Population: Baltimore city under performed than US by -1.2
• % Change Median Gross Rent: Baltimore city under performed than Maryland by -1.1
• % Change Median Gross Rent: Baltimore city out performed than US by 3.4
• CAGR Median Gross Rent: Baltimore city under performed than state by -0.2
• CAGR Median Gross Rent: Baltimore city out performed than US by 0.5
• % Change Home Value: Baltimore city out performed than Maryland by 12.4
• % Change Home Value: Baltimore city out performed than US by 3.9
• CAGR Home Value: Baltimore city out performed than state by 2.1
• CAGR Home Value: Baltimore city out performed than US by 0.6
• % Change Rental Yield: Baltimore city under performed than Maryland by -17.6
• % Change Rental Yield: Baltimore city under performed than US by -1.2
• CAGR Rental Yield: Baltimore city under performed than state by -2.4
• CAGR Rental Yield: Baltimore city under performed than US by -0.2

County	Baltimore city
Population 2015	622,454
Population 2009	639,337
Population % change	-2.6
Population change rank compared to US	2,683
Population change rank compared to Maryland	24
Median Gross Rent 2015	951
Median Gross Rent 2009	813
Median Gross Rent % change	17.0
Median Gross Rent change rank compared to US	1,218
Median Gross Rent change rank compared to Maryland	17
Home Value 2015	152,400
Home Value 2009	152,000
Home Value % change	0.3
Home Value change rank compared to US	2,279
Home Value change rank compared to Maryland	4
Rental Yield 2015	7.5
Rental Yield 2009	6.4
Rental Yield % change	16.7
Rental Yield change rank compared to US	812
Rental Yield change rank compared to Maryland	21