Cheap Homes for Rent in Annapolis, MD from $1,200 (11 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.

Annapolis, MD Local Guide

Cheapest Neighborhoods for Apartments in Annapolis, MD

Pricing Updated: 07/30/2025

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$7,500$1,80017
Eastport$7,500$1,80014

Cheapest Available Annapolis Apartments for Rent

 

The cheapest available apartment rental in Annapolis, MD is a 1 Bed unit found at Nautilus Point in the Highland Beach neighborhood priced from $1,616. Quiet Waters Landing in the Highland Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,618. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Nautilus PointNautilus | A31BR,1BA$1,616
Quiet Waters LandingA1-1BD/1BA1BR,1BA$1,618
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$1,696
Annapolis Roads1BR 1BA1BR,1BA$1,795
Spa Cove ApartmentsSevern1BR,1BA$1,880

Best Value Apartments for Rent in Annapolis, MD

As of July 30, 2025 the best value apartment in the Annapolis area is the $2.77 price per square foot 2 bedroom/2 bath Model at Mariner Bay at Annapolis Town Center in the in the Monticello neighborhood starting from $3,633. The second greatest value Annapolis apartment is the Two Bedroom Model at Obery Court starting at $1,943 with a $1.61 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.
Mariner Bay at Annapolis Town Center2 bedroom/2 bath2BR,2BA$2.77
Obery CourtTwo Bedroom2BR,1.5BA$1.61
Harbour Gates Apartments2 Bedrooms + 2 Baths2BR,2BA$2.17
Westwinds Apartments2 Bedroom 2 Bath Deluxe Renovated2BR,2BA$2.54
Stone Point ApartmentsCraighill1BR,1BA$2.64
Spa Cove ApartmentsSevern1BR,1BA$2.29
Annapolis Roads1BR 1BA1BR,1BA$2.23
Annapolis Bay1 Bedroom, 1 Bathroom 692 SF 111BR,1BA$2.81
Quiet Waters LandingA1-1BD/1BA1BR,1BA$2.54
Admiral Farragut1Bedroom 1Bathroom1BR,1BA$2.78

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Frequently Asked Questions about Annapolis

What type of rentals are currently available in Annapolis?

There are currently 94 Apartments for Rent in Annapolis, MD with pricing that ranges from $1,252 to $4,333. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annapolis ranging from $1,200 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 $1,200 to $25,000 with an average monthly rent of $8,269.

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 $2,021 to $4,285, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,600 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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.