Cheap Homes for Rent in Annapolis, MD from $800 (17 Rentals)

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

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.

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.

property at 3 Elliott Rd

3 Elliott Rd

AnnapolisMD21403
property at 1142 Cove Rd

1142 Cove Rd

AnnapolisMD21403

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 52 Madison Pl

52 Madison Pl

AnnapolisMD21401

Annapolis, MD Local Guide

Cheapest Neighborhoods for Apartments in Annapolis, MD

Pricing Updated: 06/21/2025

Current apartment rentals in the Annapolis, MD area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Annapolis Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Annapolis$4,287$8506
Eastport$4,600$85011

Cheapest Available Annapolis Apartments for Rent

 

The cheapest available apartment rental in Annapolis, MD is a 1 Bed unit found at Quiet Waters Landing in the Highland Beach neighborhood priced from $1,609. Admiral Farragut in the Highland Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,696. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quiet Waters LandingA1-1BD/1BA1BR,1BA$1,609
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,696
Nautilus PointNautilus | A31BR,1BA$1,791
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$1,798
Avalon AnnapolisS1 - Finish Package 1Studio,1BA$1,995

Best Value Apartments for Rent in Annapolis, MD

As of June 21, 2025 the best value apartment in the Annapolis area is the $2.33 price per square foot 26 South St Model at 26 South St, Unit 1 in the in the Pendennis Mount Sandy Point neighborhood starting from $4,650. The second greatest value Annapolis apartment is the 2 bedroom/2 bath Model at Mariner Bay at Annapolis Town Center starting at $3,158 with a $2.41 price per square foot in the Monticello neighborhood. Here is today’s list of the best values for Annapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
26 South St, Unit 126 South St3BR,2.5BA$2.33
Mariner Bay at Annapolis Town Center2 bedroom/2 bath2BR,2BA$2.41
Spa Cove ApartmentsChoptank3BR,2BA$2.29
Annapolis Roads2BR 2BA2BR,2BA$1.94
Annapolis Bay2 Bedroom, 2 Bathroom 1,020 SF 222BR,2BA$2.38
Westwinds Apartments2 Bedroom 2 Bath Renovated2BR,2BA$2.60
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$2.32
Stone Point ApartmentsPortsmouth1BR,1BA$2.64
Quiet Waters LandingA1-1BD/1BA1BR,1BA$2.52
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$2.78

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Annapolis

What type of rentals are currently available in Annapolis?

There are currently 95 Apartments for Rent in Annapolis, MD with pricing that ranges from $1,252 to $5,184. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annapolis ranging from $850 to $25,000.

What is the current price range for Rental Homes in Annapolis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Annapolis ranges from $850 to $25,000 with an average monthly rent of $7,369.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Annapolis range from $2,329 to $5,184, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,975 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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sarah Bregel

There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.