Cheap Apartments for Rent in Annapolis, MD from $800 (23 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 224 Chatham Ln

$1,500

1 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

224 Chatham Ln

AnnapolisMD21403
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Homes at the Glen
1 to 3 Bedroom Apartments

Homes at the Glen

73 Juliana Cir EAnnapolis, MD 21401
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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2 Maryland Ave
1 to 2 Bedroom Apartments

2 Maryland Ave

2 Maryland AveAnnapolis, MD 21401
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Wiley H. Bates
1 Bedroom Apartments

Wiley H. Bates

1103 Smithville StAnnapolis, MD 21401
Senior Living
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144 Duke Of Gloucester St
Studio to 1 Bedroom Apartments

144 Duke Of Gloucester St

144 Duke Of Gloucester StAnnapolis, MD 21401
  • Utilities Included
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Admiral Farragut
1 to 3 Bedroom Apartments

Admiral Farragut

230-A Hilltop LnAnnapolis, MD 21403

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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1201 West Street
1 to 2 Bedroom Apartments

1201 West Street

1201 West StAnnapolis, MD 21401
  • Utilities Included

Annapolis, MD Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Annapolis, MD

Pricing Updated: 12/16/2025

Current apartment rentals in the Annapolis, MD area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Annapolis Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Eastport$3,347$1,20022
Downtown Annapolis$3,500$1,20028

Cheapest Available Annapolis Apartments for Rent

 

The cheapest available apartment rental in Annapolis, MD is a 2 Beds unit found at Obery Court in the Monticello neighborhood priced from $1,229. Towne Courts in the Monticello neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,382. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Obery CourtTwo Bedroom2BR,1BA$1,229
Towne Courts2 Bedroom, 1.5 Bathroom - Accessible (Flat)2BR,1BA$1,382
Quiet Waters LandingB2-2BD/1BA2BR,1BA$1,416
Nautilus PointNautilus | A31BR,1BA$1,435
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$1,463

Best Value Apartments for Rent in Annapolis, MD

As of December 17, 2025 the best value apartment in the Annapolis area is the $2.04 price per square foot Choptank Model at Spa Cove Apartments in the in the Monticello neighborhood starting from $2,499. The second greatest value Annapolis apartment is the 2 Bedroom, 1.5 Bathroom - Accessible (Flat) Model at Towne Courts starting at $1,382 with a $1.26 price per square foot in the Monticello neighborhood. Here is today’s list of the best values for Annapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spa Cove ApartmentsChoptank3BR,2BA$2.04
Towne Courts2 Bedroom, 1.5 Bathroom - Accessible (Flat)2BR,1.5BA$1.26
Annapolis Roads Apartments1BR 1BA1BR,1BA$2.03
Obery CourtOne Bedroom1BR,1BA$1.64
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$1.89
Stone Point ApartmentsNewport1BR,1BA$2.70
Bell Annapolis on WestA1A1BR,1BA$2.70
West Woods ApartmentsThe Chesapeake1BR,1BA$2.63
Conte Lubrano ApartmentsL1BR,1BA$2.16
Quiet Waters LandingA1-1BD/1BA1BR,1BA$2.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.

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Annapolis Overview

With a population just over 40,000, Annapolis is a picturesque city nestled on the Chesapeake Bay in Maryland. Annapolis is famous for its maritime heritage and each year, tourists flock to the area to get a taste of its colonial charm. Annapolis is the state capital, housing the Maryland State House and other important government buildings. The city is full of impressive 18th-century architecture, dating back to the era of the founding fathers of the country. Because of its proximity to Washington, D.C., Annapolis is home to many politicians and political activists. It’s also known as a center for many water-centric activities, especially sailing. Each year, there’s the Annapolis Sailboat Show, which attracts boating enthusiasts the world over.  The maritime activities include the United States Naval Academy, which trains students on the site of Fort Severn.

Why live in Annapolis, MD?

Annapolis is an incredibly charming city, steeped in history and still vibrant with maritime activities. It’s a very popular place to live for those who are interested in the Navy, government and politics. But even for those who aren’t specifically interested in those things, Annapolis offers a way of life that is uniquely American. It’s a coastal gem that combines history, culture, education and maritime allure, unlike any other city in the country. The people of Annapolis are very welcoming and excited to host and enjoy social activities. There’s a very active arts scene, lots of boutique shopping and many different eateries serving up a wide range of culinary styles from all around the world.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Annapolis, MD

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Annapolis Apartments

What is the Cheapest Studio apartment in Annapolis?

Currently the most affordable Cheap Studio Apartment in Annapolis is at Nautilus Point listed at $1,570.

How much is rent for a Cheap One Bedroom Annapolis Apartment?

The lowest price for a Cheap One Bedroom Annapolis Apartment is $1,277 at Obery Court.

What is the lowest price for a Cheap Two Bedroom Annapolis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Annapolis is starting from $1,229 at Obery Court.

What is the most affordable Annapolis Three Bedroom Apartment?

The best deal on a cheap Annapolis Three Bedroom Apartment rental is at Obery Court and starts from $1,415.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sarah Bregel

There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!