
Cheap Apartments for Rent in Annapolis, MD from $800 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Annapolis.


Obery Court

Bay Forest Senior Apartments

3225 Magnolia Ridge Rd

3225 Magnolia Ridge Rd

Nautilus Point
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.

Madison Apartments

Quiet Waters Landing

Harbour Gates Apartments

Conte Lubrano Apartments

224 Chatham Ln

Spa Cove Apartments
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.

144 Duke Of Gloucester St

225 Dewey Dr
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.

111 Academy St
Annapolis, MD Local Guide

How much does it cost to rent an apartment in Annapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Annapolis Studio Apartments | $1,968 | $1,353 | $2,322 |
| Cheap Annapolis 1 Bedroom Apartments | $2,206 | $1,252 | $4,119 |
| Cheap Annapolis 2 Bedroom Apartments | $2,601 | $1,229 | $4,200 |
| Cheap Annapolis 3 Bedroom Apartments | $2,544 | $1,415 | $2,993 |
| Cheap Annapolis 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Top Apartments in Annapolis
See all Apartments in AnnapolisExplore Annapolis
Annapolis, MD Local Guide

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Cheapest Neighborhoods for Apartments in Annapolis, MD
Pricing Updated: 12/16/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Eastport | $3,347 | $1,200 | 22 |
| Downtown Annapolis | $3,500 | $1,200 | 28 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Obery Court | Two Bedroom | 2BR,1BA | $1,229 |
| Towne Courts | 2 Bedroom, 1.5 Bathroom - Accessible (Flat) | 2BR,1BA | $1,382 |
| Quiet Waters Landing | B2-2BD/1BA | 2BR,1BA | $1,416 |
| Nautilus Point | Nautilus | A3 | 1BR,1BA | $1,435 |
| Harbour Gates Apartments | 1 Bedroom + 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spa Cove Apartments | Choptank | 3BR,2BA | $2.04 |
| Towne Courts | 2 Bedroom, 1.5 Bathroom - Accessible (Flat) | 2BR,1.5BA | $1.26 |
| Annapolis Roads Apartments | 1BR 1BA | 1BR,1BA | $2.03 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Harbour Gates Apartments | 1 Bedroom + 1 Bath | 1BR,1BA | $1.89 |
| Stone Point Apartments | Newport | 1BR,1BA | $2.70 |
| Bell Annapolis on West | A1A | 1BR,1BA | $2.70 |
| West Woods Apartments | The Chesapeake | 1BR,1BA | $2.63 |
| Conte Lubrano Apartments | L | 1BR,1BA | $2.16 |
| Quiet Waters Landing | A1-1BD/1BA | 1BR,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.
Read ArticleThe 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 ArticleBeyond 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 ArticleQuick 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.
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.
Best Local Schools in Annapolis, MD
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Annapolis, MD Rentals by Map
See the most popular apartments and homes in Annapolis, MD
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!







