Many people have been recently moving to Maryland. And a lot of them moved to Baltimore too. So, it is not a wonder. Baltimore has a rich job market. All this is resulting in a sharp increase in residents in Baltimore. And, to meet the needs, thousands of new rental units were recently opened in the city. Besides the newly made rental apartments, you can also rent in famous rowhomes. So, nearly every city’s neighborhood is offering rental possibilities. Besides, some newcomers are deciding to buy property. And the market is fair too. But, to get a clearer picture, let us check the Baltimore City rental and housing overview. And, once you get the accommodation, it will be time to give a call to 24/7 Logistic Services. We’ll be glad to assist you.
Renting in Baltimore
In case you want to purchase or rent, the best is to check the Baltimore City rental and housing laws. So, you will see what conditions you have to meet in order to qualify. And what are your rights and obligations when it comes to renting and purchasing? Besides, we will also check the housing and rental market prices.
Before any further action, decide if you want to rent or buy
If you are still not sure if you want to rent or buy, ask yourself the following:
- How long do you plan to stay in Baltimore
- Do you have enough funds to buy
- What is your lifestyle (are you planning to stay in Baltimore all year round, or planning to travel a lot? And, do you want to take responsibility for house maintenance).
Answering those questions will help you make the right decision. The bottom line, you can always start with renting. Even then, give a call to local movers in Baltimore MD, and enjoy a carefree relocation.
And, in case you fall in love with Baltimore, you can buy a home in the meanwhile. In this case, you will also have more time to check the neighborhoods. You will find which one is the right for you. And, you will also have the possibility to “catch” a property at a lower price, as you will not be in rush.
Brief facts about Baltimore
When moving to Baltimore, you will share the city with about 600,000 residents. In case you decide to rent, be prepared to pay $1,146 a month. The median home value is $175,300, which is lower than the US national average. Of course, the prices will also depend on the neighborhood you choose. The median household income in Baltimore is $54,124. And it is also lower than the national average.
However, if you want to move to Baltimore, you also have to be aware that the crime rates are rather high. This is one more reason to choose the right neighborhood, as some of them are much safer. And movers Baltimore MD offers will ensure that your relocation is safe too.
The most popular Baltimore neighborhoods are:
- Wyman Park
- Butcher’s Hill
- Downtown West
- Upper Fells Point
When looking for the best Baltimore City rental and housing, consider hiring a real estate agent
There are many possibilities to check available apartments and houses. You can check the papers and the internet sites. Also, some homeowners will display the note of the available property on the building, or in a neighboring shop window. Still, real estate agents have a much better overview of the available homes. And, there are some housing market lists that are available only to agents. Thus, finding a good real estate agent is important.
Besides, a good real estate agent can advise you about the legal provisions related to purchasing or renting. That way, you will not have to worry about missing some important points.
A brief review of Baltimore City rental and housing laws
Checking the housing laws, we can summarize them in several important points:
- Both landlord and the tenant must conclude the written lease (the lease regulates the conditions of renting, tenants’ obligations, as well as the landlord’s obligations. It is also one of the main documents in case of dispute or lawsuit)
- The landlord must give the tenant a written warranty that the rented dwelling is “fit for human habitation”
- Retaliatory actions against the tenant are prohibited
- In case the tenant fails to pay rent, he can be evicted, but only on the bases of the court decision
- The law also prescribes conditions under which the tenant or the landlord can terminate the tenancy, as well as situations when the tenant remains in the apartment after the cancellation of the tenancy right
- Actions related to the death of the tenant are also regulated
- Conditions under which the landlord can be fined for a misdemeanor against the tenant
- Violations against the housing code
As you can see the regulations are rather detailed. And, you have to be sure that you understand them fully. So, when signing the lease, it would be good to have a real estate representative with you. Or to ensure the presence of a legal advisor.
Baltimore is a good place for people of all ages
If you are wondering why move to Maryland we can shortly say that Maryland is a good place for people of all ages. Maryland is a family-friendly state, with highly-rated schools, and it also attracts many young adults. The job market in Maryland was always good. And since the renovation of the steel production in Baltimore, it started to bloom. So, no wonder that so many people are deciding to try their luck in this attractive country.
Moving to Baltimore
Now as you know what to expect from moving to Baltimore, it will be easier to make the final decision. Also, you’ve got the Baltimore City rental and housing overview. And, you learned about income, the job market, and living conditions in the country. If you have decided to make Baltimore your new hometown, check the Baltimore City rental and housing laws in detail. Our overview will help, but you might feel more comfortable knowing it more in detail.