Median monthly rent: $1,325
Median monthly mortgage payment: $1,483
Renting saves: $158
Renting costs less, on average, than owning in Baltimore. But don’t give up on buying a home if you live here. Three of Baltimore’s neighborhoods made Redfin’s newest list of the 10 hottest affordable neighborhoods in the U.S. “Affordable,” in this case, means their median price tag is under $294,000.