Cheap Homes for Rent in the Downtown Annapolis Neighborhood of Annapolis, MD from $1,600 (5 Rentals)

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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 20 Johnson Pl
$2,195
2 Bedroom, 1 Bath Rentals
Available Now

20 Johnson Pl

AnnapolisMD21401

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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 Studio apartment currently listed from $1,423. 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 | E1 | RenoStudio,1BA$1,423
Bayshore LandingSchooner2BR,2BA$1,847

Best Value Apartments for Rent in Downtown Annapolis, MD

As of September 11, 2026 the best value apartment in the Downtown Annapolis area is the $1.76 price per square foot 2 Beds, 2 Baths Model at North Green Condominiums in the in the Annapolis neighborhood starting from $1,895. The second greatest value Downtown Annapolis apartment is the 3 Bed/1.5 Bath Model at North Severn Village - No Costs Utilities* starting at $2,850 with a $2.85 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 Green Condominiums2 Beds, 2 Baths2BR,2BA$1.76
North Severn Village - No Costs Utilities*3 Bed/1.5 Bath3BR,1.5BA$2.85
Bell Annapolis on WestB1A2BR,1BA$2.16
Spa Cove ApartmentsWhitehall1BR,1BA$2.42
Obery CourtOne Bedroom1BR,1BA$1.79
Annapolis Bay1 Bedroom, 1 Bathroom 692 SF 111BR,1BA$2.84
Westwinds Apartments1 Bedroom 1 Bath Renovated1BR,1BA$3.04
Nautilus PointRise | A2 | Reno1BR,1BA$2.99
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$3.12
Bayshore LandingCatamaran1BR,1BA$4.35

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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Pet Friendly Lifestyle
Downtown Annapolis, Annapolis, MD

Ranked #6

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Annapolis

What type of rentals are currently available in Downtown Annapolis?

There are currently 67 Apartments for Rent in Downtown Annapolis, MD with pricing that ranges from $1,389 to $6,182. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Annapolis ranging from $1,600 to $9,995.

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 $1,600 to $9,995 with an average monthly rent of $3,749.

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 $1,915 to $3,472, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,385 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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.