Cheap Apartments for Rent in the Stonewood Penwood Winston Neighborhood of Baltimore, MD from $700 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Stonewood Penwood Winston area of Baltimore.

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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Stonewood Penwood Winston, Baltimore, MD Local Guide

Cheapest Available Stonewood Penwood Winston Apartments for Rent

 

The cheapest available apartment rental in the Stonewood Penwood Winston area of Baltimore, MD is a Studio unit found at Parkside Gardens Apartments and Townhouses priced from $708. Goodnow Hill and Franconia Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $778. Here are the most affordable Stonewood Penwood Winston apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$708
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$778
The Essential4BR4BR,2BA$909
Foundry by the ParkLiberty1BR,1BA$975
The Marylander Apartment HomesStudioStudio,1BA$980
Oak Grove by OneWallOne Bedroom1BR,1BA$985
Vision on LombardDStudio,1BA$1,045
Wellington Gate ApartmentsOne Bedroom Junior1BR,1BA$1,075
VIVO Living BaltimoreThe Petite StudioStudio,1BA$1,099
Loch Raven Village ApartmentsLarge One Bedroom- Classic1BR,1BA$1,160

Best Value Apartments for Rent in Stonewood Penwood Winston, MD

As of June 24, 2026 the best value apartment in the Stonewood Penwood Winston area is the $1.66 price per square foot 3BDSL Model at Briarcliff East Apartments in the in the The Lakes neighborhood starting from $2,770. The second greatest value Stonewood Penwood Winston apartment is the 2BR/1.0BA Model at Mill No. 1 starting at $2,499 with a $1.52 price per square foot in the Druid Hill Park neighborhood. Here is today’s list of the best values for Stonewood Penwood Winston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Briarcliff East Apartments3BDSL3BR,2BA$1.66
Mill No. 12BR/1.0BA2BR,1BA$1.52
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.67
The Falls at Roland ParkThe Kent3BR,2BA$1.63
Nine East 33rd4x24BR,2BA$1.30
Harbor Estates Townhomes2 bedroom, 1 bath2BR,1BA$1.56
Towson Crossing Apartment HomesOne Bedroom1BR,1BA$1.66
Oak Grove by OneWallTwo Bedroom - Large2BR,1BA$1.64
Foundry by the ParkLiberty1BR,1BA$1.55
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$1.67

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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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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Pet Friendly Lifestyle
Stonewood Penwood Winston, Baltimore, MD

Ranked #114

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Stonewood Penwood Winston Apartments

What is a cheap apartment in Stonewood Penwood Winston?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Stonewood Penwood Winston is under $1,160.

What is the price of a cheap apartment in Stonewood Penwood Winston?

The cheapest apartment in Stonewood Penwood Winston is Goodnow Hill and Franconia Apartments which is listed at $778, while the average apartment in Stonewood Penwood Winston costs $2,297.

What types of apartments are the cheapest in Stonewood Penwood Winston?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 522 regular apartments in Stonewood Penwood Winston that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Stonewood Penwood Winston?

Cheap apartments in Stonewood Penwood Winston have an average cost of $1,468 which is $829 cheaper than the average rent for all rentals in Stonewood Penwood Winston.

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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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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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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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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