Baltimore\u2019s multifamily market entered the fourth quarter of 2025 with mixed results across fundamentals, although the overall trend was generally positive, according to the latest Yardi Matrix Baltimore multifamily market report. In the context of the previous two years recording nearly 8,000 new units, rent growth decelerated. Advertised asking rents ticked down 0.1%, on a trailing three-month basis through October, to $1,752. Despite the recent surge in supply growth, Baltimore\u2019s average occupancy rate in stabilized assets remained healthy, at 95.0% as of September, 30 basis points ahead of the national average, as noted in the U.S. multifamily market report<\/a><\/strong>.<\/p>\n