Cheap Homes for Rent in Baltimore City, MD from $1,000 (8 Rentals)

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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.

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.

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

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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Quick 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.

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

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Frequently Asked Questions about Baltimore City

What type of rentals are currently available in Baltimore City?

There are currently 68 Apartments for Rent in Baltimore City, MD with pricing that ranges from $800 to $4,751. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baltimore City ranging from $1,000 to $5,000.

What is the current price range for Rental Homes in Baltimore City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Baltimore City ranges from $1,000 to $5,000 with an average monthly rent of $2,340.

How much are larger Three and Four Bedroom Rentals in Baltimore City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Baltimore City range from $1,175 to $4,751, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,247.

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

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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.