Cheap Apartments for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $800 (27 Rentals)

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

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Bayshore Landing
$1,758 - $2,647
Total Monthly Price

Total Monthly Price

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$1,758 - $2,647

Total Monthly Price
$1,758 - $2,647
1 to 2 Bedroom Apartments Available Now

Bayshore Landing

988 Spa RdAnnapolis, MD 21403
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property at 12 Johnson Pl

$2,295

2 Bedroom, 1 Bath Rentals

Available Now

12 Johnson Pl

AnnapolisMD21401

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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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Wiley H. Bates
1 Bedroom Apartments

Wiley H. Bates

1103 Smithville StAnnapolis, MD 21401
Senior Living
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Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

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

144 Duke Of Gloucester St

144 Duke Of Gloucester StAnnapolis, MD 21401
  • Utilities Included

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Admiral Farragut
1 to 3 Bedroom Apartments

Admiral Farragut

230-A Hilltop LnAnnapolis, MD 21403
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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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Downtown Annapolis, Annapolis, MD Local Guide

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. Bayshore Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,758. Here are the most affordable Downtown Annapolis apartments for rent in Annapolis, MD:

Apartment ListingModel NameBed/BathPriced From
Obery CourtOne Bedroom1BR,1BA$1,277
Bayshore LandingCatamaran1BR,1BA$1,758
Nautilus PointNautilus | A1 | Reno1BR,1BA$1,768
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,800
Bell Annapolis on WestA1A1BR,1BA$1,905
Annapolis Bay1 Bedroom, 1 Bathroom 692 SF 111BR,1BA$1,948
Spa Cove ApartmentsChesapeake2BR,1BA$1,999
Westwinds Apartments2 Bedroom 2 Bath2BR,2BA$2,111
North Severn Village - No Costs Utilities*3 Bed/1.5 Bath3BR,1BA$2,850

Best Value Apartments for Rent in Downtown Annapolis, MD

As of July 15, 2026 the best value apartment in the Downtown Annapolis area is the $2.85 price per square foot 3 Bed/1.5 Bath Model at North Severn Village - No Costs Utilities* in the in the Pendennis Mount Sandy Point neighborhood starting from $2,850. The second greatest value Downtown Annapolis apartment is the South Model at Spa Cove Apartments starting at $2,099 with a $2.20 price per square foot in the Annapolis neighborhood. Here is today’s list of the best values for Downtown Annapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North Severn Village - No Costs Utilities*3 Bed/1.5 Bath3BR,1.5BA$2.85
Spa Cove ApartmentsSouth1BR,1BA$2.20
259 Hanover St, Unit Apt 1259 Hanover St1BR,1BA$2.44
Obery CourtOne Bedroom1BR,1BA$1.64
Bell Annapolis on WestA1A1BR,1BA$2.60
Annapolis Bay1 Bedroom, 1 Bathroom 692 SF 111BR,1BA$2.82
Westwinds Apartments1 Bedroom 1 Bath Renovated1BR,1BA$3.29
Nautilus PointRise | A2 | Reno1BR,1BA$3.25
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$2.96
Bayshore LandingCatamaran1BR,1BA$3.76

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.

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Real 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.

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Pet Friendly Lifestyle
Downtown Annapolis, Annapolis, MD

Ranked #7

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $123 which is $2,872 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.

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