Cheap Apartments for Rent in Baltimore City, MD from $700 (67 Rentals)

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

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.

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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.

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225 N Calvert
Rent Specials
$1,399 - $2,942
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,942
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

225 N Calvert

225 N Calvert StBaltimore, MD 21202
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Center West
Rent Specials
$1,430 - $3,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,430 - $3,275
Total Monthly Price
$1,430 - $3,275
Studio to 3 Bedroom Apartments Available Now

Center West

101 N Schroeder StBaltimore, MD 21223
Corporate Housing
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  • 3D Tour
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The Tobee
Studio to 2 Bedroom Apartments

The Tobee

311 Cathedral StBaltimore, MD 21201
Student Housing
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The Lyn
Studio to 2 Bedroom Apartments

The Lyn

606 Cathedral StBaltimore, MD 21201

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.

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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 James
Studio to 2 Bedroom Apartments

The James

211 Saint Paul StBaltimore, MD 21202
Student 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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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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1015 Cathedral St
1 Bedroom Apartments

1015 Cathedral St

1015 Cathedral StBaltimore, MD 21201
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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

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

Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

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Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at 22 Light in the Inner Harbor neighborhood priced from $915. 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
22 LightOne Bedroom1BR,1BA$915
Saint Paul RegencyStudio apartmentStudio,1BA$925
Vision on LombardTower 2 - StudioStudio,1BA$955
Live 501S1AStudio,1BA$970
Mulberry at ParkOne Bedroom1BR,1BA$1,009
Phoenix on ParkStudioStudio,1BA$1,050
107 W Monument St1 bedroom1BR,1BA$1,050
The Apartments at Charles PlazaCharles Towers StudioStudio,1BA$1,057
611 Park AvenueStudio StandardStudio,1BA$1,095
222 SaratogaStudio / 1 BathStudio,1BA$1,162

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

As of May 10, 2026 the best value apartment in the Baltimore City area is the $1.33 price per square foot One Bedroom Model at 19 E Fayette St in the in the Inner Harbor neighborhood starting from $1,395. The second greatest value Baltimore City apartment is the Three Bedroom Model at Mulberry at Park starting at $1,469 with a $1.46 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.
19 E Fayette StOne Bedroom1BR,1BA$1.33
Mulberry at ParkThree Bedroom3BR,2BA$1.46
The Atrium2Bedroom 1.5BA2BR,1.5BA$1.78
500 W Fayette St.2BR/2.0BA2BR,2BA$1.57
Chesapeake Commons1x11BR,1BA$1.56
Franklin Lofts & Flats2 Bedroom, 1 Bathroom2BR,1BA$1.93
Algonquin ApartmentsLarge One bedroom1BR,1BA$1.67
Marlboro Classic Apt & Redwood SquareRedwood - StudioStudio ,1BA$1.94
22 LightOne Bedroom1BR,1BA$1.44
107 W Monument St1 bedroom1BR,1BA$1.75

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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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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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 $915 at 22 Light.

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 $1,095 at 22 Light.

What is the most affordable Baltimore City Three Bedroom Apartment?

The best deal on a cheap Baltimore City Three Bedroom Apartment rental is at 22 Light and starts from $1,175.

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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.