Located in North Central Baltimore, Charles Village is home to the world-renowned Johns Hopkins University. Originally known as Peabody Heights, the neighborhood derived its current name from Charles Street, a primary artery stretching from I-695 in Towson through the heart of Baltimore City to I-95 in Federal Hill. The Homewood campus of Johns Hopkins University, located in Charles Village, is the largest of the school’s global campuses, which enrolls a total of 20,000 undergraduate and graduate students and employs about 18,000 academic faculty and administrative staff. The residential market in Charles Village has remained historically high due to strong and continuous demand for housing within walking distance of the campus. The area also boasts numerous attractions such as the Maryland Zoo in Baltimore and the Baltimore Museum of Art, which offers free admission.
The distinct row of houses along Charles, Calvert, and Saint Paul streets were originally built around the early 1900s, primarily for merchants, bankers, and other professionals. Many of the early developers focused construction on old family estates, one of which became the foundation for the present-day Homewood campus. Some of the historic mansions were eventually converted into museums, including the Homewood House and the Evergreen House, which belong to the Johns Hopkins University. On the eastern and northern sides of the Homewood campus are the scenic neighborhoods of Tuscany-Canterbury and Roland Park, and further to the north and east are Homeland and Guilford, which have many have peaceful, tree-lined streets with beautiful homes.
Both visitors and residents of Charles Village also enjoy a wide selection of gourmet restaurants, trendy bars, and boutique shops situated around the Homewood campus. Celebrated local dining destinations include the famous meat selection at Parts & Labor, the gluten-free bakery and restaurant at Sweet 27 Café, and The New Wyman Park Restaurant, a cozy diner specializing in affordable and tasty breakfast and lunch options. Many of Baltimore’s prized dive bars and hip nightlife venues can also be found in Charles Village such as iBar, WC Harlan, and Ottobar.
The featured properties in this month’s rent survey represent six communities in Charles Village built between 1920 and 1968. Occupancy rates for the featured communities range from 90% to 97%. Average rental rates range from $1.53 to $2.40 per square foot with average unit sizes ranging from 364 to 809 square feet. All but one of the properties allow pets with monthly fees up to $25. Residents pay application fees up to $50 and post security deposits up to two month’s rent. Residents pay gas for cooking as well as electricity serving lights, plugs, and individual A/C units.
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