
Cheap Apartments for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Annapolis area of Annapolis.


Nautilus Point

Obery Court

301 Adams St

1 S Cherry Grove Ave
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.

Spa Cove Apartments
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.

144 Duke Of Gloucester St

871 Highland Ave

111 Academy St
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.

915 Jackson St
Downtown Annapolis, Annapolis, MD Local Guide

How much does it cost to rent an apartment in Downtown Annapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Annapolis Studio Apartments | $1,704 | $1,595 | $1,895 |
Downtown Annapolis 1 Bedroom Apartments | $1,866 | $1,400 | $2,460 |
Downtown Annapolis 2 Bedroom Apartments | $2,110 | $1,540 | $3,500 |
Downtown Annapolis 3 Bedroom Apartments | $2,559 | $2,026 | $2,970 |
Downtown Annapolis 4 Bedroom Apartments | $3,034 | $2,995 | $3,073 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Annapolis Neighborhood of Annapolis, MD.
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Downtown Annapolis, Annapolis, MD Local Guide
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Cheapest Available Downtown Annapolis Apartments for Rent
 The cheapest available apartment rental in the Downtown Annapolis area of Annapolis, MD is a 2 Beds unit found at Nautilus Point priced from $1,594. Admiral Farragut has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,640. Here are the most affordable Downtown Annapolis apartments for rent in Annapolis, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nautilus Point | Rise | B2 | 2BR,1BA | $1,594 |
Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $1,640 |
Spa Cove Apartments | Severn | 1BR,1BA | $1,672 |
Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $1,835 |
Bayshore Landing | Kayak | 2BR,1BA | $1,844 |
Best Value Apartments for Rent in Downtown Annapolis, MD
As of October 11, 2025 the best value apartment in the Downtown Annapolis area is the $2.19 price per square foot Patapsco Model at Spa Cove Apartments in the in the Monticello neighborhood starting from $2,796. The second greatest value Downtown Annapolis apartment is the Two Bedroom Model at Obery Court starting at $1,943 with a $1.61 price per square foot in the Monticello neighborhood. Here is today’s list of the best values for Downtown Annapolis apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Spa Cove Apartments | Patapsco | 3BR,2BA | $2.19 |
Obery Court | Two Bedroom | 2BR,1.5BA | $1.61 |
North Severn Village - No Costs Utilities* | 3 Bed/1.5 Bath | 3BR,1.5BA | $2.85 |
Bayshore Landing | Kayak II | 2BR,2BA | $2.44 |
Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.75 |
Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $2.74 |
Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $2.81 |
50 Cornhill St, Unit 1 - First Floor | 50 Cornhill St | 1BR,1BA | $2.92 |
Nautilus Point | Nautilus | E1 | Reno | Studio ,1BA | $3.21 |
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Pet Friendly LifestyleDowntown Annapolis, Annapolis, MD
Ranked #7
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Downtown Annapolis, Annapolis, and the greater Annapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Getting Around the Downtown Annapolis Neighborhood in Annapolis, MD
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
43 / 100
Some Transit
A few nearby public transportation options
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 Downtown Annapolis Apartments
What is the price of a cheap apartment in Downtown Annapolis?
The cheapest apartment in Downtown Annapolis is Admiral Farragut which is listed at $1,640, while the average apartment in Downtown Annapolis costs $3,034.
What types of apartments are the cheapest in Downtown 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 1 regular apartments in Downtown 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 Downtown Annapolis?
Cheap apartments in Downtown Annapolis have an average cost of $139 which is $2,895 cheaper than the average rent for all rentals in Downtown Annapolis.
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.