
Cheap Homes for Rent in Downtown Annapolis Neighborhood of Annapolis, MD from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Annapolis area of Annapolis.


111 Academy St

5 Murray Ave
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.

26 Johnson Pl

794F Fairview Ave

1231 Gemini Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $2,748 | $1,900 | $3,600 |
Downtown Annapolis 3 Bedroom Homes for Rent | $3,352 | $2,350 | $6,500 |
Downtown Annapolis 4 Bedroom Homes for Rent | $4,338 | $2,795 | $6,700 |
Downtown Annapolis 5 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Studio unit found at Nautilus Point priced from $1,565. Admiral Farragut has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,696. Here are the most affordable Downtown Annapolis apartments for rent in Annapolis, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nautilus Point | Nautilus | E1 | Studio,1BA | $1,565 |
Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $1,696 |
Bayshore Landing | Chesapeake | 1BR,1BA | $1,864 |
Best Value Apartments for Rent in Downtown Annapolis, MD
As of July 23, 2025 the best value apartment in the Downtown Annapolis area is the $1.61 price per square foot Two Bedroom Model at Obery Court in the in the Monticello neighborhood starting from $1,943. The second greatest value Downtown Annapolis apartment is the Magothy Model at Spa Cove Apartments starting at $2,381 with a $2.33 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. |
---|---|---|---|
Obery Court | Two Bedroom | 2BR,1.5BA | $1.61 |
Spa Cove Apartments | Magothy | 2BR,2BA | $2.33 |
Annapolis Bay | 2 Bedroom, 1 Bathroom 1,016 SF 21A | 2BR,1BA | $2.30 |
North Severn Village - No Costs Utilities* | 3 Bed/1.5 Bath | 3BR,1.5BA | $2.85 |
26 South St, Unit 3 | 26 South St | 1BR,1BA | $3.31 |
Bayshore Landing | Chesapeake | 1BR,1BA | $2.91 |
Admiral Farragut | 1Bedroom 1Bathroom | 1BR,1BA | $2.78 |
Nautilus Point | Nautilus | E1 | Studio ,1BA | $3.12 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Annapolis
What type of rentals are currently available in Downtown Annapolis?
There are currently 60 Apartments for Rent in Downtown Annapolis, MD with pricing that ranges from $1,400 to $4,250. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Annapolis ranging from $600 to $7,500.
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 $600 to $7,500 with an average monthly rent of $3,902.
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 $2,021 to $4,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $2,995.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.