
Cheap Homes for Rent in Annapolis, MD from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Annapolis.


10 Ironstone Ct, Unit D, Unit D

7 Heritage Ct

920 Boucher Ave

2572 Riva Rd
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.

2161 Scotts Crossing Ct, Unit 303, Unit 303

605 Admiral Dr, Unit 205, Unit 205

8 Johnson Pl

60 Sandstone Ct

791 Fairview Ave
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

How much does it cost to rent a home in Annapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Annapolis 2 Bedroom Homes for Rent | $2,594 | $1,895 | $3,450 |
| Annapolis 3 Bedroom Homes for Rent | $3,723 | $2,500 | $7,800 |
| Annapolis 4 Bedroom Homes for Rent | $4,456 | $3,050 | $10,000+ |
| Annapolis 5 Bedroom Homes for Rent | $14,500 | $4,000 | $10,000+ |
Browse Top Homes for Rent in Annapolis
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Annapolis, MD Local Guide
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Cheapest Neighborhoods for Apartments in Annapolis, MD
Pricing Updated: 05/23/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Eastport | $2,386 | $1,277 | 18 |
| Downtown Annapolis | $2,995 | $1,277 | 37 |
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 Highland Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,452. Here is today’s list of the most affordable Annapolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Obery Court | One Bedroom | 1BR,1BA | $1,277 |
| Quiet Waters Landing | A1-1BD/1BA | 1BR,1BA | $1,452 |
| Nautilus Point | Nautilus | A3 | 1BR,1BA | $1,844 |
Best Value Apartments for Rent in Annapolis, MD
As of May 23, 2026 the best value apartment in the Annapolis area is the $1.71 price per square foot 2 Bed 2 Bath Model at Riva Trace Community of Annapolis in the in the Monticello neighborhood starting from $2,200. The second greatest value Annapolis apartment is the Weems Model at Spa Cove Apartments starting at $2,597 with a $2.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riva Trace Community of Annapolis | 2 Bed 2 Bath | 2BR,2BA | $1.71 |
| Spa Cove Apartments | Weems | 3BR,2BA | $2.04 |
| West Woods Apartments | The Chester | 2BR,2BA | $2.05 |
| 1685 Baltimore Annapolis Blvd, Unit Basement | 1685 Baltimore Annapolis Blvd | 1BR,1BA | $2.15 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Harbour Gates Apartments | 1 Bedroom + 1 Bath | 1BR,1BA | $2.48 |
| Stone Point Apartments | Portsmouth | 1BR,1BA | $2.80 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.89 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $3.07 |
| Quiet Waters Landing | A1-1BD/1BA | 1BR,1BA | $2.28 |
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.
Read ArticleBeyond 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Annapolis, MD
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Annapolis, MD Rentals by Map
See the most popular apartments and homes in Annapolis, MD
Frequently Asked Questions about Annapolis
What type of rentals are currently available in Annapolis?
There are currently 101 Apartments for Rent in Annapolis, MD with pricing that ranges from $1,252 to $4,077. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annapolis ranging from $1,595 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 $1,595 to $25,000 with an average monthly rent of $5,384.
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 $3,235, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $7,800. Four Bedroom Single-Family rentals are also available starting from $3,050 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

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.

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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.