Cheap Homes for Rent in Annapolis, MD from $1,500 (12 Rentals)

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

property at 10 Ironstone Ct

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Townhome for Rent

Available Now

10 Ironstone Ct, Unit D

10 Ironstone Ct
AnnapolisMD21403
property at 1381 Hazel Nut Ct

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Townhome for Rent

Available Now

1381 Hazel Nut Ct

AnnapolisMD21409

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 22 Johnson Pl

$2,195

2 Bedroom, 1 Bath Rentals

Available Now

22 Johnson Pl

AnnapolisMD21401

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.

Annapolis, MD Local Guide

Cheapest Neighborhoods for Apartments in Annapolis, MD

Pricing Updated: 07/07/2026

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
Eastport$2,730$1,27716
Downtown Annapolis$2,995$1,27740

Cheapest Available Annapolis Apartments for Rent

 

The cheapest available apartment rental in Annapolis, MD is a 1 Bed unit found at Obery Court in the Monticello neighborhood priced from $1,277. Quiet Waters Landing in the Annapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Obery CourtOne Bedroom1BR,1BA$1,277
Quiet Waters LandingA1-1BD/1BA1BR,1BA$1,495
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$1,628
Bayshore LandingCatamaran1BR,1BA$1,671
Nautilus PointNautilus | A1 | Reno1BR,1BA$1,821

Best Value Apartments for Rent in Annapolis, MD

As of July 08, 2026 the best value apartment in the Annapolis area is the $1.91 price per square foot G Model at Conte Lubrano Apartments in the in the Monticello neighborhood starting from $2,095. The second greatest value Annapolis apartment is the South Model at Spa Cove Apartments starting at $2,099 with a $2.20 price per square foot in the Annapolis 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.
Conte Lubrano ApartmentsG2BR,2BA$1.91
Spa Cove ApartmentsSouth1BR,1BA$2.20
217 Victor Pkwy Unit F217 Victor Pkwy Unit F2BR,2BA$2.36
Annapolis Roads Apartments1BR 1BA1BR,1BA$2.32
Quiet Waters LandingB1-2BD/1BA2BR,1BA$2.36
Obery CourtOne Bedroom1BR,1BA$1.64
Harbour Gates Apartments1 Bedroom + 1 Bath1BR,1BA$2.10
1381 Hazel Nut Ct, Unit Lower Level Unit1381 Hazel Nut CtStudio ,1BA$2.01
Bell Annapolis on WestA1A1BR,1BA$2.75
West Woods ApartmentsThe Chesapeake1BR,1BA$2.73

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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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.

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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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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Annapolis

What type of rentals are currently available in Annapolis?

There are currently 104 Apartments for Rent in Annapolis, MD with pricing that ranges from $1,252 to $6,007. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annapolis ranging from $1,500 to $10,000.

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 $1,500 to $10,000 with an average monthly rent of $3,593.

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 $1,700 to $6,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $7,500. 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.

Helpful Local Expert Guides

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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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Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods

Written by: Sarah Bregel

Baltimore, Maryland is an incredibly vibrant town known for some amazing colleges. I had the pleasure of growing up sandwiched between a few of them.

decorative image for Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers article

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Written by: Sarah Bregel

Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.