
Cheap Homes for Rent in Downtown Annapolis Neighborhood of Annapolis, MD from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Annapolis area of Annapolis.


1225 Gemini Dr
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.

7 Heritage Ct

12 Heritage Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

145 King George St
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 | $2,374 | $1,895 | $3,800 |
| Downtown Annapolis 3 Bedroom Homes for Rent | $3,183 | $2,100 | $5,500 |
| Downtown Annapolis 4 Bedroom Homes for Rent | $3,900 | $3,600 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Obery Court | One Bedroom | 1BR,1BA | $1,277 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $1,627 |
| Nautilus Point | Nautilus | A3 | 1BR,1BA | $1,667 |
Best Value Apartments for Rent in Downtown Annapolis, MD
As of March 12, 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 Severn Model at Spa Cove Apartments starting at $1,688 with a $2.05 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. |
|---|---|---|---|
| North Severn Village - No Costs Utilities* | 3 Bed/1.5 Bath | 3BR,1.5BA | $2.85 |
| Spa Cove Apartments | Severn | 1BR,1BA | $2.05 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Bell Annapolis on West | A1A | 1BR,1BA | $2.57 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.86 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $3.12 |
| Nautilus Point | Rise | A2 | Reno | 1BR,1BA | $3.25 |
| Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $2.67 |
| Bayshore Landing | Catamaran | 1BR,1BA | $3.89 |
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.
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 65 Apartments for Rent in Downtown Annapolis, MD with pricing that ranges from $1,277 to $3,332. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Annapolis ranging from $1,695 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 $1,695 to $5,500 with an average monthly rent of $2,788.
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 $3,332, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,600 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

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.

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.

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.