Cheap Apartments for Rent near Baltimore City, MD from $700 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in Baltimore City.

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Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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The Tobee
Studio to 2 Bedroom Apartments

The Tobee

311 Cathedral StBaltimore, MD 21201
Student Housing
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838 Park Ave
Studio to 2 Bedroom Apartments

838 Park Ave

838 Park AveBaltimore, MD 21201
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The LYN
Studio to 2 Bedroom Apartments

The LYN

606 Cathedral StBaltimore, MD 21201
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300 Cathedral
Studio to 2 Bedroom Apartments

300 Cathedral

300 Cathedral StBaltimore, MD 21201
Corporate Housing
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The Courtland
Studio to 2 Bedroom Apartments

The Courtland

415 Saint Paul PlBaltimore, MD 21202
Corporate Housing
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The James
Studio to 2 Bedroom Apartments

The James

211 Saint Paul StBaltimore, MD 21202
Student Housing

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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26 Calvert Apartments
1 to 2 Bedroom Apartments

26 Calvert Apartments

26-36 S Calvert StBaltimore, MD 21202
Corporate Housing
  • Utilities Included
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6 S Calvert St
Studio to 2 Bedroom Apartments

6 S Calvert St

6 S Calvert StBaltimore, MD 21202
  • Utilities Included
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1015 Cathedral St
1 Bedroom Apartments

1015 Cathedral St

1015 Cathedral StBaltimore, MD 21201
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Howard Row
Studio to 2 Bedroom Apartments

Howard Row

407-415 N Howard StBaltimore, MD 21201
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The Appraisers' Building
1 to 2 Bedroom Apartments

The Appraisers' Building

103 S Gay StBaltimore, MD 21202
Corporate Housing
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Baltimore City, MD Local Guide

Cheapest Available Baltimore City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Baltimore City, MD is a 3 Beds unit found at Mulberry at Park in the Inner Harbor neighborhood priced from $739. Saint Paul Regency in the Inner Harbor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Baltimore City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mulberry at ParkThree Bedroom3BR,2BA$739
Saint Paul RegencyStudio apartmentStudio,1BA$925
The Billiethe AprilStudio,1BA$925
Live 501SLS / 296Studio,1BA$995
107 W Monument StStudioStudio,1BA$1,000
Phoenix on ParkStudio + Den - OrioleStudio,1BA$1,050
St James PlaceNoraStudio,1BA$1,080
The Apartments at Charles PlazaCharles Towers StudioStudio,1BA$1,086
Vision on LombardA1Studio,1BA$1,120
306 W FranklinStudioStudio,1BA$1,165

Best Value Apartments for Rent in Baltimore City, MD and Nearby

As of August 09, 2026 the best value apartment in the Baltimore City area is the $1.04 price per square foot Unit 401 Model at The Brown's Loft in the in the Inner Harbor neighborhood starting from $1,590. The second greatest value Baltimore City apartment is the 3 BEDROOM Model at Landmark starting at $1,854 with a $1.73 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Baltimore City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Brown's LoftUnit 4012BR,1.5BA$1.04
Landmark3 BEDROOM3BR,2BA$1.73
300 W Fayette St2BR/1.0BA2BR,1BA$1.65
Franklin Lofts & Flats2 Bedroom, 2 Bathroom2BR,2BA$1.80
Marlboro Classic Apt & Redwood SquareMarlboro Classic -1 Bed 1 Bath1BR,1BA$1.60
Chesapeake Commons1x11BR,1BA$1.56
Mulberry at ParkOne Bedroom1BR,1BA$1.19
The Calvert School Apartments1 Bedroom1BR,1.5BA$1.81
Algonquin ApartmentsLarge One bedroom1BR,1BA$1.67
107 W Monument StStudioStudio ,1BA$1.54

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

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Frequently Asked Questions about Cheap Baltimore City Apartments

What is the Cheapest Studio apartment in Baltimore City?

Currently the most affordable Cheap Studio Apartment in Baltimore City is at Saint Paul Regency listed at $925.

How much is rent for a Cheap One Bedroom Baltimore City Apartment?

The lowest price for a Cheap One Bedroom Baltimore City Apartment is $1,009 at Mulberry at Park.

What is the lowest price for a Cheap Two Bedroom Baltimore City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Baltimore City is starting from $1,231 at Mulberry at Park.

What is the most affordable Baltimore City Three Bedroom Apartment?

The best deal on a cheap Baltimore City Three Bedroom Apartment rental is at Mulberry at Park and starts from $739.

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

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.

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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.

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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.

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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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.

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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.