Cheap Apartments for Rent in Baltimore, MD from $400 (768 Rentals)

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

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.

property at 710 N Fulton Ave

$650 - $1,300

1 To 2 Bedroom Rentals

Available Now

710 N Fulton Ave

BaltimoreMD21217
property at 5019 Belair Rd

$550 - $650

1 To 2 Bedroom Rentals

Available Now

5019 Belair Rd

BaltimoreMD21206

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.

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.

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.

Baltimore, MD Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Baltimore, MD

Pricing Updated: 05/31/2026

Current apartment rentals in the Baltimore, MD area range in price from $500 to $18,000 with an overall median price of $2,770. The three Baltimore neighborhoods with the lowest median rent pricing are Dolfield at $500, Northwest Baltimore at $500, and Brooklyn at $600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Baltimore Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dolfield$1,200$50029
Northwest Baltimore$1,200$50029
Brooklyn$1,250$60035
Powder Mill Park$1,389$65012
Shipley Hill$1,525$500158
Panway$1,565$55026
West Forest Park$1,630$500106
Gwynns Falls Park$1,640$50056
Southwest Baltimore$1,640$50046
East Baltimore$1,642$50054

Cheapest Available Baltimore Apartments for Rent

 

The cheapest available apartment rental in Baltimore, MD is a 2 Beds unit found at 1111 Light Street in the Inner Harbor neighborhood priced from $150. Lansdowne Gardens in the South Baltimore neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $655. Here is today’s list of the most affordable Baltimore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1111 Light StreetThe Gittings2BR,2BA$150
Lansdowne Gardens2 Bedroom2BR,1BA$655
Maiden Choice ApartmentsStudioStudio,1BA$700
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$708
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$720
North Avenue Gateway II1 Bedroom/1 Bath C1BR,1BA$745
Gardenvillage Apartments & Townhouses1 bedroom Junior1BR,1BA$765
Cold Spring LaneTwo Bedroom2BR,1BA$775
Penn Square I2 Bedroom/1 Bath B2BR,1BA$797

Best Value Apartments for Rent in Baltimore, MD

As of May 31, 2026 the best value apartment in the Baltimore area is the $0.88 price per square foot Three Bedroom Model at Riverfront in the in the South Baltimore neighborhood starting from $1,812. The second greatest value Baltimore apartment is the 2920 Auchentoroly Ter Model at 2920 Auchentoroly Ter, Unit A2 starting at $1,700 with a $0.89 price per square foot in the Druid Hill Park neighborhood. Here is today’s list of the best values for Baltimore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RiverfrontThree Bedroom3BR,2BA$0.88
2920 Auchentoroly Ter, Unit A22920 Auchentoroly Ter2BR,1BA$0.89
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.67
511 Rappolla St, Unit Bayview hospital511 Rappolla St2BR,1BA$1.00
5023 Queensberry Ave, Unit Senior Shared home5023 Queensberry Ave4BR,2BA$0.61
Barclay Greenmount3 Bedroom3BR,1BA$0.99
Ashburton Woods ApartmentsTwo Bedroom/1 Bath2BR,1BA$1.00
1716 McCulloh St, Unit 21716 McCulloh StStudio ,1BA$0.88
Maiden Choice ApartmentsStudioStudio ,1BA$0.74
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$0.92

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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Baltimore Overview

The United States is home to a rich and diverse range of cities. New England in particular is home to some of the oldest cities in the nation. Few cities have as much historical, cultural and economic significance as Baltimore, Maryland. Baltimore rests in the northern part of Chesapeake Bay, north of Washington D.C. and just southwest of Philadelphia. It boasts a population of around 622,000 making it the largest city in the state of Maryland. It is just dense enough to feel like a big city but not quite large enough for you to become overwhelmed, and the layout of this impressive city gives it a smaller feel. The city is home to many universities, professional sports teams and shopping centers making it an ideal location no matter your interests.

Why live in Baltimore, MD?

The biggest reason to choose Baltimore is because when you do you become a part of the family. Baltimore has such a rich culture that is not to be found anywhere else in the world. By making this city your home you are enriching your own cultural awareness and becoming a part of one of the most historical parts of the United States. The city is smart and savvy and you are bound to find exponential enjoyment as you spend more time here.

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

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Frequently Asked Questions about Cheap Baltimore Apartments

What is a cheap apartment in Baltimore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Baltimore is under $797.

What is the price of a cheap apartment in Baltimore?

The cheapest apartment in Baltimore is Columbus School Limited Partnership which is listed at $720, while the average apartment in Baltimore costs $2,770.

What types of apartments are the cheapest in Baltimore?

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 34,298 regular apartments in Baltimore 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 Baltimore?

Cheap apartments in Baltimore have an average cost of $743 which is $2,027 cheaper than the average rent for all rentals in Baltimore.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.