Cheap Apartments for Rent in Baltimore City, MD from $700 (59 Rentals)

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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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
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1015 Cathedral St
1 Bedroom Apartments

1015 Cathedral St

1015 Cathedral 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
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Brown's Arcade
1 to 3 Bedroom Apartments

Brown's Arcade

322 N Charles StBaltimore, MD 21201
  • Utilities Included
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The Brown's Loft
1 to 2 Bedroom Apartments

The Brown's Loft

300 N Charles StBaltimore, MD 21201
Corporate Housing
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Studio unit found at Saint Paul Regency in the Inner Harbor neighborhood priced from $925. Live 501 in the Inner Harbor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here is today’s list of the most affordable Baltimore City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saint Paul RegencyStudio apartmentStudio,1BA$925
Live 501S1AStudio,1BA$970
The James1BR/1.0BA1BR,1BA$1,000
Mulberry at ParkOne Bedroom1BR,1BA$1,009
500 W Fayette St.Lexington7BR,4BA$1,032
Vision on LombardDStudio,1BA$1,065
300 W. Fayette Street0BR/1.0BAStudio,1BA$1,095
611 Park AvenueStudio StandardStudio,1BA$1,095
The AtriumStudio 1BathroomStudio,1BA$1,119
University Place ApartmentsUPA - StudioStudio,1BA$1,150

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

As of January 05, 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 Calvert School Apartments1A1BR,1.5BA$1.45
500 W Fayette St.4BR/2.0BA4BR,2BA$1.57
Chesapeake Commons1x11BR,1BA$1.84
Algonquin ApartmentsLarge One bedroom1BR,1BA$1.67
Waterloo Place ApartmentsAdams 1br1BR,1BA$2.03
Camden CourtLarge 1 Bedroom1BR,1BA$2.07
Howard Row0BR/1.0BAStudio ,1BA$1.95
Saint Paul RegencyStudio apartmentStudio ,1BA$2.10

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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.

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

Explore Baltimore City, MD Rentals by Map

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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 $1,000 at The James.

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 $1,469.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.