The Baltimore Waltz has received several awards and nominations. It won the Best New American Play award at the Obie Awards, with Paula Vogel being recognized for her exceptional writing. The direction by Anne Bogart also earned an Obie Award. Cherry Jones's performance in the play was honored with an Obie Award as well. Additionally, Joe Mantello received the Best Debut Performance award at the Outer Critics Circle Awards for his role in The Baltimore Waltz.