Baltimore, Maryland Short-Term Rental Market Overview
Visitor Profile
Baltimore attracts a diverse range of visitors, primarily drawn by its rich history, vibrant arts scene, and waterfront attractions. Cultural enthusiasts often seek experiences like exploring the acclaimed National Aquarium, with its engaging marine exhibits, or visiting the Maryland Science Center for family-friendly interactive exhibits. History buffs are captivated by landmarks such as Fort McHenry, the birthplace of the national anthem, and the diverse neighborhoods showcasing Baltimore’s historic architecture. Food lovers and those seeking an authentic local experience enjoy the city’s renowned seafood, especially its Maryland crab cakes, and craft breweries. Overall, visitors value the dynamic blend of culture, history, and scenic waterfronts—making Baltimore a memorable city for short-term stays.
Top Attractions
Baltimore, Maryland, is a captivating city that offers a rich blend of artistic, historical, and nautical attractions. One of the main draws is the Inner Harbor, a vibrant waterfront area home to iconic sites such as the National Aquarium, the Maryland Science Center, and the American Visionary Art Museum. Visitors can enjoy stunning views from historic landmarks like the George Washington Monument, explore the city’s maritime history aboard ships like the USS Constellation, or indulge in the lively atmosphere of Power Plant Live, known for its entertainment and dining options. This area not only highlights Baltimore’s seafaring heritage but also provides a dynamic setting for family fun, cultural discovery, and leisurely strolls along the waterfront.
Beyond the harbor, Baltimore boasts a diverse array of cultural and historic sites that make it a unique travel destination. Art lovers can explore renowned museums, while history enthusiasts may visit Fort McHenry, the birthplace of the Star-Spangled Banner. Other must-see attractions include the Reginald F. Lewis Museum, which showcases African American history, and the colorful neighborhoods like Federal Hill and Fell’s Point, perfect for exploring local shops and enjoying the vibrant nightlife. With its blend of scenic beauty, cultural richness, and engaging activities, Baltimore offers something memorable for every traveler seeking an authentic and enriching experience.
Regulations
Baltimore, Maryland has established a formal regulatory environment for short-term rentals (STRs), reflecting the city’s intent to balance the economic benefits of STR hosting with community and safety concerns. Hosts in Baltimore should prepare for a structured compliance process that involves registration, adherence to zoning requirements, and observance of health, safety, and taxation rules. This regulatory framework seeks to ensure responsible hosting while preserving neighborhood integrity and protecting residents.
### Key Regulatory Considerations:
– Licensing and Permits: Hosts must register their short-term rental properties with the city’s Department of Housing and Community Development. Registration involves submitting an application, paying a fee, and obtaining a license that typically must be renewed annually. The city may require proof of compliance with safety codes before approval.
– Primary Residence Requirement: Baltimore’s regulations generally require that the property used for short-term rentals be the host’s primary residence. This means the property must be where the host lives for the majority of the year. Rentals of non-primary residences or investment properties not occupied by the owner may be restricted or prohibited.
– Zoning and Location: STRs are subject to zoning restrictions, which typically allow them only in certain residential zones. Hosts need to verify that their property’s zoning designation permits short-term rental use, as the city enforces zoning compliance to prevent commercial use in strictly residential neighborhoods.
– Occupancy, Health & Safety: The city sets limits on the number of guests allowed based on the size of the property. Safety measures, including working smoke detectors, carbon monoxide alarms, and fire extinguishers, are mandatory. These standards are designed to protect both hosts and guests and are enforced through inspections.
– Tax Obligations: Hosts are required to collect and remit transient occupancy taxes and possibly other sales taxes. Baltimore enforces tax collection rigorously, and hosts must register with the appropriate tax authority to remit these funds correctly.
– Operational Standards & Enforcement: Advertising the property as a short-term rental must comply with city rules, including the display of the license number. Noise control and guest behavior rules are also enforced to maintain neighborhood peace. Non-compliance with regulations can lead to fines, suspension, or revocation of the STR license.
For the most current and legally binding information, property owners should consult the City of Baltimore’s Official Short-Term Rental Regulations Page. This source offers detailed guidance, application procedures, and answers to common questions, ensuring hosts can remain fully compliant while operating their short-term rental properties responsibly.
Baltimore, Maryland Market Performance Trends
Baltimore, Maryland Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:60.3% Booked
- 4-6 Months:54.9% Booked
- 7-9 Months:43.1% Booked
- 10-12 Months:9.5% Booked
Cancellation Policies
- Flexible:41.3%
- Moderate:29.5%
- Strict:27.9%
- Super Strict:27.9%
- N/A:0.5%
Minimum Stay
- 1 Day:666
- 2 Days:480
- 3 Days:243
- 4-6 Days:103
- 7-29 Days:159
- 30+ Days:268
Baltimore, Maryland Rental Market Composition
Entire Place by Beds
Common Rental Amenities
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