
Cheap Homes for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $1,900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Annapolis area of Annapolis.


20 Locust Ave

145 King George St
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1227 Gemini Dr

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20 Johnson Pl
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1142 Cove Rd
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 | $2,941 | $2,295 | $3,700 |
| Downtown Annapolis 3 Bedroom Homes for Rent | $3,016 | $2,200 | $4,450 |
| Downtown Annapolis 4 Bedroom Homes for Rent | $3,425 | $3,000 | $3,850 |
| Downtown Annapolis 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 1 Bed apartment currently listed from $1,599. 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 | A1 | 1BR,1BA | $1,599 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| North Severn Village - No Costs Utilities* | 3 Bed/1.5 Bath | 3BR,1.5BA | $2.85 |
| 259 Hanover St, Unit Apt 1 | 259 Hanover St | 1BR,1BA | $2.44 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom, Garage 798 SF 11AG | 1BR,1BA | $2.82 |
| Obery Court | One Bedroom | 1BR,1BA | $1.79 |
| Bell Annapolis on West | A1A | 1BR,1BA | $2.58 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $2.97 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $2.89 |
| Nautilus Point | Nautilus | E1 | Reno | Studio ,1BA | $3.40 |
| Bayshore Landing | Catamaran | 1BR,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 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.
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.
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
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

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