
Cheap Apartments for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $883 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Annapolis area of Annapolis.


Nautilus Point

Bell Annapolis on West

45 Maryland Ave

Westwinds Apartments

Spa Cove Apartments

Total Monthly Price
Bayshore Landing
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13 Heritage Ct

Annapolis Bay

Total Monthly Price
259 Hanover St, Unit Apt 1

20 Johnson Pl

Total Monthly Price
110 East St, Unit B

5 Maryland Ave, Unit #2

Homes at the Glen
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2 Maryland Ave

Wiley H. Bates

Wardour Bluffs Apartments

Madison Apartments

144 Duke Of Gloucester St

Admiral Farragut

1201 West Street
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146 Spa Dr

8 Randall Ct

32 S Monroe Rd

20 Locust Ave

1227 Gemini Dr

North Green Condominiums

145 King George St
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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 | $1,641 | $1,582 | $1,705 |
| Downtown Annapolis 1 Bedroom Apartments | $1,981 | $1,389 | $4,568 |
| Downtown Annapolis 2 Bedroom Apartments | $2,335 | $1,656 | $6,182 |
| Downtown Annapolis 3 Bedroom Apartments | $2,835 | $1,915 | $3,487 |
| Downtown Annapolis 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 28 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 1 Bed unit found at Obery Court priced from $1,389. Nautilus Point has the second lowest priced unit, which is a Studio apartment currently listed from $1,576. 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 | $1,389 |
| Nautilus Point | Nautilus | E1 | Reno | Studio,1BA | $1,576 |
| Bell Annapolis on West | A1A | 1BR,1BA | $1,775 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $1,936 |
| Spa Cove Apartments | Chesapeake | 2BR,1BA | $1,950 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $1,966 |
| North Green Condominiums | 2 Beds, 2 Baths | 2BR,2BA | $1,995 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $2,068 |
| Bayshore Landing | Catamaran | 1BR,1BA | $2,086 |
Best Value Apartments for Rent in Downtown Annapolis, MD
As of August 30, 2026 the best value apartment in the Downtown Annapolis area is the $1.85 price per square foot 2 Beds, 2 Baths Model at North Green Condominiums in the in the Annapolis neighborhood starting from $1,995. The second greatest value Downtown Annapolis apartment is the 3 Bed/1.5 Bath Model at North Severn Village - No Costs Utilities* starting at $2,850 with a $2.85 price per square foot in the Pendennis Mount Sandy Point 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 Green Condominiums | 2 Beds, 2 Baths | 2BR,2BA | $1.85 |
| North Severn Village - No Costs Utilities* | 3 Bed/1.5 Bath | 3BR,1.5BA | $2.85 |
| Spa Cove Apartments | Whitehall | 1BR,1BA | $2.55 |
| 259 Hanover St, Unit Apt 1 | 259 Hanover St | 1BR,1BA | $2.50 |
| Obery Court | One Bedroom | 1BR,1BA | $1.79 |
| Bell Annapolis on West | A1A | 1BR,1BA | $2.42 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.84 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $3.09 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $3.18 |
| Nautilus Point | Nautilus | E1 | Reno | Studio ,1BA | $3.14 |
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.
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How much rent can you afford?
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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
3.0Pet 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 $1,389, while the average apartment in Downtown Annapolis costs $2,167.
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 $127 which is $2,040 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.