Cheap Homes for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $1,900 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

property at 12 Johnson Pl

$2,295

2 Bedroom, 1 Bath Townhome for Rent

Available Now

12 Johnson Pl

AnnapolisMD21401
property at 20 Johnson Pl

$2,395

2 Bedroom, 1 Bath Rentals

Available Now

20 Johnson Pl

AnnapolisMD21401

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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 $1,389. Nautilus Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,599. Here are the most affordable Downtown Annapolis apartments for rent in Annapolis, MD:

Apartment ListingModel NameBed/BathPriced From
Obery CourtOne Bedroom1BR,1BA$1,389
Nautilus PointNautilus | A11BR,1BA$1,599
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,761

Best Value Apartments for Rent in Downtown Annapolis, MD

As of July 26, 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 259 Hanover St Model at 259 Hanover St, Unit Apt 1 starting at $1,950 with a $2.44 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 ListingModel NameBed/BathPrice Per Sq.Ft.
North Severn Village - No Costs Utilities*3 Bed/1.5 Bath3BR,1.5BA$2.85
259 Hanover St, Unit Apt 1259 Hanover St1BR,1BA$2.44
Annapolis Bay1 Bedroom, 1 Bathroom, Garage 798 SF 11AG1BR,1BA$2.82
Obery CourtOne Bedroom1BR,1BA$1.79
Bell Annapolis on WestA1A1BR,1BA$2.58
Westwinds Apartments1 Bedroom 1 Bath Renovated1BR,1BA$2.97
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$2.89
Nautilus PointNautilus | E1 | RenoStudio ,1BA$3.40
Bayshore LandingCatamaran1BR,1BA$3.94

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Annapolis, Annapolis, MD

Ranked #7

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Annapolis

What type of rentals are currently available in Downtown Annapolis?

There are currently 62 Apartments for Rent in Downtown Annapolis, MD with pricing that ranges from $1,277 to $6,182. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Annapolis ranging from $1,950 to $7,000.

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 $1,950 to $7,000 with an average monthly rent of $3,666.

How much are larger Three and Four Bedroom Rentals in Downtown Annapolis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Annapolis range from $1,700 to $3,487, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,450. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,995.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.