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


1211 Van Buren Cir

Nautilus Point

Westwinds Apartments

Bell Annapolis on West

1225 Gemini Dr

Spa Cove Apartments
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.

Annapolis Bay

Total Monthly Price
Bayshore Landing

8 Johnson Pl

1227 Gemini Dr, Unit 1227 Gemini E

Total Monthly Price
North Severn Village - No Costs Utilities*

Homes at the Glen

2 Maryland Ave
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.

Wiley H. Bates

Wardour Bluffs Apartments

Madison Apartments

144 Duke Of Gloucester St

Admiral Farragut

1201 West Street

407 Adams St
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.

920 Boucher Ave

63 Town Pines Ct
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 | $1,763 | $1,522 | $2,083 |
| Downtown Annapolis 1 Bedroom Apartments | $2,101 | $1,277 | $3,200 |
| Downtown Annapolis 2 Bedroom Apartments | $2,382 | $1,400 | $3,000 |
| Downtown Annapolis 3 Bedroom Apartments | $2,509 | $1,700 | $3,120 |
| Downtown Annapolis 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Downtown Annapolis Neighborhood of Annapolis, MD.
See all Apartments in AnnapolisExplore Annapolis
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 1 Bed unit found at Obery Court priced from $1,277. Nautilus Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,849. Here are the most affordable Downtown Annapolis apartments for rent in Annapolis, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Obery Court | One Bedroom | 1BR,1BA | $1,277 |
| Nautilus Point | Nautilus | A3 | 1BR,1BA | $1,849 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2,010 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $2,090 |
| Bayshore Landing | Chesapeake | 1BR,1BA | $2,092 |
Best Value Apartments for Rent in Downtown Annapolis, MD
As of May 31, 2026 the best value apartment in the Downtown Annapolis area is the $2.18 price per square foot 4 Bed/ 2 Bath Model at North Severn Village - No Costs Utilities* in the in the Pendennis Mount Sandy Point neighborhood starting from $2,995. The second greatest value Downtown Annapolis apartment is the B2C Model at Bell Annapolis on West starting at $2,690 with a $2.31 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. |
|---|---|---|---|
| North Severn Village - No Costs Utilities* | 4 Bed/ 2 Bath | 4BR,2BA | $2.18 |
| Bell Annapolis on West | B2C | 2BR,2BA | $2.31 |
| Spa Cove Apartments | Chesapeake | 2BR,1BA | $2.06 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.90 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $3.12 |
| Bayshore Landing | Chesapeake | 1BR,1BA | $3.27 |
| Nautilus Point | Rise | A2 | Reno | 1BR,1BA | $3.16 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleDowntown Annapolis, Annapolis, MD
Ranked #7
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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.
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 Obery Court which is listed at $1,277, while the average apartment in Downtown Annapolis costs $2,995.
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 3 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 $157 which is $2,838 cheaper than the average rent for all rentals in Downtown 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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.