Cheap Apartments for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $800 (12 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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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
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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
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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
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1201 West Street
1 to 2 Bedroom Apartments

1201 West Street

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

Admiral Farragut

230-A Hilltop LnAnnapolis, MD 21403

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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. Admiral Farragut has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,627. Here are the most affordable Downtown Annapolis apartments for rent in Annapolis, MD:

Apartment ListingModel NameBed/BathPriced From
Obery CourtOne Bedroom1BR,1BA$1,277
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,627
Nautilus PointNautilus | B12BR,1BA$1,671
Spa Cove ApartmentsChesapeake2BR,1BA$1,799
Bell Annapolis on WestA1A1BR,1BA$1,875

Best Value Apartments for Rent in Downtown Annapolis, MD

As of March 02, 2026 the best value apartment in the Downtown Annapolis area is the $2.01 price per square foot Magothy Model at Spa Cove Apartments in the in the Monticello neighborhood starting from $2,050. The second greatest value Downtown Annapolis apartment is the One Bedroom Model at Obery Court starting at $1,277 with a $1.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Spa Cove ApartmentsMagothy2BR,2BA$2.01
Obery CourtOne Bedroom1BR,1BA$1.64
Bell Annapolis on WestA1A1BR,1BA$2.55
Annapolis Bay1 Bedroom, 1 Bathroom 692 SF 111BR,1BA$2.84
Westwinds Apartments1 Bedroom 1 Bath Renovated1BR,1BA$3.01
Bayshore LandingChesapeake1BR,1BA$2.95
Nautilus PointRise | A2 | Reno1BR,1BA$3.17
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$2.67

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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The 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.

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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.

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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

3.5
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

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

The lowest price for a Cheap One Bedroom Downtown Annapolis Apartment is $1,277 at Obery Court.

What is the lowest price for a Cheap Two Bedroom Downtown Annapolis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Annapolis is starting from $1,400 at Obery Court.

What is the most affordable Downtown Annapolis Three Bedroom Apartment?

The best deal on a cheap Downtown Annapolis Three Bedroom Apartment rental is at Obery Court and starts from $1,700.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.