Cheap Apartments for Rent in Annapolis, MD from $800 (20 Rentals)

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

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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

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2 Maryland Ave
1 to 2 Bedroom Apartments

2 Maryland Ave

2 Maryland AveAnnapolis, MD 21401
  • Utilities Included
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1201 West Street
1 to 2 Bedroom Apartments

1201 West Street

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

Admiral Farragut

230-A Hilltop LnAnnapolis, MD 21403

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Annapolis, MD Local Guide

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Cheapest Neighborhoods for Apartments in Annapolis, MD

Pricing Updated: 07/01/2025

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$2,478$1,40030
Downtown Annapolis$2,995$1,40032

Cheapest Available Annapolis Apartments for Rent

 

The cheapest available apartment rental in Annapolis, MD is a 1 Bed unit found at Quiet Waters Landing in the Highland Beach neighborhood priced from $1,609. Nautilus Point in the Highland Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,643. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quiet Waters LandingA1-1BD/1BA1BR,1BA$1,609
Nautilus PointNautilus | A31BR,1BA$1,643
Bayshore LandingCatamaran1BR,1BA$1,663
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,696
Crosswinds at Annapolis Town CenterStudio - AStudio,1BA$1,819

Best Value Apartments for Rent in Annapolis, MD

As of July 01, 2025 the best value apartment in the Annapolis area is the $2.33 price per square foot 26 South St Model at 26 South St, Unit 1 in the in the Pendennis Mount Sandy Point neighborhood starting from $4,650. The second greatest value Annapolis apartment is the 2 bedroom/2 bath Model at Mariner Bay at Annapolis Town Center starting at $3,537 with a $2.54 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.
26 South St, Unit 126 South St3BR,2.5BA$2.33
Mariner Bay at Annapolis Town Center2 bedroom/2 bath2BR,2BA$2.54
Spa Cove ApartmentsChoptank3BR,2BA$2.23
Annapolis Roads2BR 2BA2BR,2BA$2.02
Annapolis Bay2 Bedroom, 2 Bathroom 1,020 SF 222BR,2BA$2.39
North Severn Village - No Costs Utilities*3 Bed/1.5 Bath3BR,1.5BA$2.85
3739 Thomas Point Rd, Unit waterfront furnished3739 Thomas Point Rd1BR,1BA$2.18
Quiet Waters LandingA1-1BD/1BA1BR,1BA$2.52
Nautilus PointRise | A2 | Reno1BR,1BA$2.85
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$2.78

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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!

Explore Annapolis, MD Rentals by Map

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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 Crosswinds at Annapolis Town Center listed at $1,819.

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

The lowest price for a Cheap One Bedroom Annapolis Apartment is $1,609 at Quiet Waters Landing.

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 $1,778 at Nautilus Point.

What is the most affordable Annapolis Three Bedroom Apartment?

The best deal on a cheap Annapolis Three Bedroom Apartment rental is at Nautilus Point and starts from $2,156.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.