7 Heritage Ct
AnnapolisMD21401
Cheap Homes for Rent in Downtown Annapolis Neighborhood of Annapolis, MD from $1,800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Annapolis area of Annapolis.
22 S Monroe Rd
AnnapolisMD21402
302 Hilltop Ln
AnnapolisMD21403
920 Boucher Ave
AnnapolisMD21403
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.
5 Murray Ave
AnnapolisMD21401
8 Johnson Pl
AnnapolisMD21401
714 Rosedale St
AnnapolisMD21401
185 Prince George St
AnnapolisMD21401
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.
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Downtown Annapolis, Annapolis, MD Local Guide
How much does it cost to rent a home in Downtown Annapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Annapolis 2 Bedroom Homes for Rent | $2,360 | $1,895 | $3,150 |
| Downtown Annapolis 3 Bedroom Homes for Rent | $3,749 | $2,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $1,277. Nautilus Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,596. 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 | Rise | A2 | 1BR,1BA | $1,596 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $1,627 |
Best Value Apartments for Rent in Downtown Annapolis, MD
As of April 26, 2026 the best value apartment in the Downtown Annapolis area is the $3.60 price per square foot 3 Murray Ave Model at 3 Murray Ave in the in the Pendennis Mount Sandy Point neighborhood starting from $3,695. The second greatest value Downtown Annapolis apartment is the Chesapeake Model at Spa Cove Apartments starting at $1,869 with a $1.83 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. |
|---|---|---|---|
| 3 Murray Ave | 3 Murray Ave | 2BR,1BA | $3.60 |
| Spa Cove Apartments | Chesapeake | 2BR,1BA | $1.83 |
| North Severn Village - No Costs Utilities* | 3 Bed/1.5 Bath | 3BR,1.5BA | $2.85 |
| 259 Hanover St | 259 Hanover St | 1BR,1BA | $2.63 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.84 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $3.23 |
| Nautilus Point | Rise | A2 | Reno | 1BR,1BA | $2.67 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $2.67 |
| Bayshore Landing | Catamaran | 1BR,1BA | $3.56 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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.
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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
Frequently Asked Questions about Downtown Annapolis
What type of rentals are currently available in Downtown Annapolis?
There are currently 63 Apartments for Rent in Downtown Annapolis, MD with pricing that ranges from $1,277 to $4,650. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Annapolis ranging from $1,895 to $5,500.
What is the current price range for Rental Homes in Downtown Annapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Annapolis ranges from $1,895 to $5,500 with an average monthly rent of $2,773.
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
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.
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.
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.