Cheap Apartments for Rent in Annapolis, MD from $800 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Annapolis.

close
View Me
Bayshore Landing
$1,692 - $2,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,692 - $2,765

Total Monthly Price
$1,692 - $2,765
1 to 2 Bedroom Apartments Available Now

Bayshore Landing

988 Spa RdAnnapolis, MD 21403
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

close
View Me
Maris
Rent Specials
$2,068 - $4,644
Total Monthly Price

Total Monthly Price

Base Rent
$2,068 - $4,644

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Maris

2445 Holly AveAnnapolis, MD 21401
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 20 Greystone Ct

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 2 Bath Condo for Rent

Available Jun 1

20 Greystone Ct, Unit K, Unit K

20 Greystone Ct
AnnapolisMD21403
close
View Me
Homes at the Glen
1 to 3 Bedroom Apartments

Homes at the Glen

73 Juliana Cir EAnnapolis, MD 21401
  • Utilities Included
close
View Me
2 Maryland Ave
1 to 2 Bedroom Apartments

2 Maryland Ave

2 Maryland AveAnnapolis, MD 21401
  • Utilities Included
close
View Me
Wiley H. Bates
1 Bedroom Apartments

Wiley H. Bates

1103 Smithville StAnnapolis, MD 21401
Senior Living
close
View Me
Towne Courts
2 to 3 Bedroom Apartments

Towne Courts

100 Francis Noel WayAnnapolis, MD 21401

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

close
View Me
Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

1000 Madison StAnnapolis, MD 21403
  • Utilities Included
close
View Me
144 Duke Of Gloucester St
Studio to 1 Bedroom Apartments

144 Duke Of Gloucester St

144 Duke Of Gloucester StAnnapolis, MD 21401
  • Utilities Included
close
View Me
1201 West Street
1 to 2 Bedroom Apartments

1201 West Street

1201 West StAnnapolis, MD 21401
  • Utilities Included
close
View Me
Admiral Farragut
1 to 3 Bedroom Apartments

Admiral Farragut

230-A Hilltop LnAnnapolis, MD 21403
close
View Me
West Woods Apartments
1 to 2 Bedroom Apartments

West Woods Apartments

114 Hearne CtAnnapolis, MD 21401
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
The Penny
Studio to 4 Bedroom Apartments

The Penny

1900 Towne Centre BlvdAnnapolis, MD 21401
Senior Living

Annapolis, MD Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Annapolis, MD

Pricing Updated: 04/28/2026

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$2,377$1,27732
Downtown Annapolis$2,995$1,27754

Cheapest Available Annapolis Apartments for Rent

 

The cheapest available apartment rental in Annapolis, MD is a 1 Bed unit found at Obery Court in the Monticello neighborhood priced from $1,277. Quiet Waters Landing in the Highland Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,414. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Obery CourtOne Bedroom1BR,1BA$1,277
Quiet Waters LandingA2-1BD/1BA1BR,1BA$1,414
Nautilus PointRise | A21BR,1BA$1,596
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,627
Bayshore LandingCatamaran1BR,1BA$1,692
Spa Cove ApartmentsChesapeake2BR,1BA$1,869
Crosswinds at Annapolis Town CenterStudio - AStudio,1BA$1,916
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$1,923
Annapolis Bay1 Bedroom, 1 Bathroom 692 SF 111BR,1BA$1,968
Stone Point ApartmentsPortsmouth1BR,1BA$2,014

Best Value Apartments for Rent in Annapolis, MD

As of April 28, 2026 the best value apartment in the Annapolis area is the $1.90 price per square foot The Marine Model at West Woods Apartments in the in the Monticello neighborhood starting from $2,499. The second greatest value Annapolis apartment is the 2 Bed 2 Bath Model at Riva Trace Community of Annapolis starting at $2,200 with a $1.71 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.
West Woods ApartmentsThe Marine2BR,2BA$1.90
Riva Trace Community of Annapolis2 Bed 2 Bath2BR,2BA$1.71
Annapolis Roads Apartments2BR 2BA2BR,2BA$2.00
Spa Cove ApartmentsChesapeake2BR,1BA$1.83
1685 Baltimore Annapolis Blvd, Unit Basement1685 Baltimore Annapolis Blvd1BR,1BA$2.15
259 Hanover St259 Hanover St1BR,1BA$2.63
Obery CourtOne Bedroom1BR,1BA$1.64
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$2.48
Stone Point ApartmentsPortsmouth1BR,1BA$2.50
Quiet Waters LandingA1-1BD/1BA1BR,1BA$2.39

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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!

Explore Annapolis, MD Rentals by Map

View Map
Annapolis, MD Apartments Map
View Map
Annapolis, MD Rental Homes Map

Frequently Asked Questions about Cheap Annapolis Apartments

What is the price of a cheap apartment in Annapolis?

The cheapest apartment in Annapolis is Obery Court which is listed at $1,277, while the average apartment in Annapolis costs $2,686.

What types of apartments are the cheapest in Annapolis?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Annapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Annapolis?

Cheap apartments in Annapolis have an average cost of $133 which is $2,553 cheaper than the average rent for all rentals in Annapolis.

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.

Helpful Local Expert Guides

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods

Written by: Sarah Bregel

Baltimore, Maryland is an incredibly vibrant town known for some amazing colleges. I had the pleasure of growing up sandwiched between a few of them.

decorative image for Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers article

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Written by: Sarah Bregel

Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.