Cheap Apartments for Rent in Baltimore, MD from $400 (716 Rentals)

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

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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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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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.

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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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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.

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Baltimore, MD Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Baltimore, MD

Pricing Updated: 01/05/2026

Current apartment rentals in the Baltimore, MD area range in price from $489 to $8,000 with an overall median price of $2,570. The three Baltimore neighborhoods with the lowest median rent pricing are Panway at $650, Bridgeview at $600, and Keniworth Park at $665. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Baltimore Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Panway$1,316$65042
Bridgeview$1,325$60034
Keniworth Park$1,350$665112
Northwest Baltimore$1,395$84022
Cedmont$1,429$68999
Moores Run Park$1,429$68990
Brooklyn$1,450$55046
Cedonia$1,450$68974
Frankford$1,450$68992
Waltherson$1,450$689123

Cheapest Available Baltimore Apartments for Rent

 

The cheapest available apartment rental in Baltimore, MD is a 1 Bed unit found at Greens at Irvington Mews 2 in the Violetville neighborhood priced from $533. Penn Square in the Inner Harbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Baltimore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greens at Irvington Mews 21 Bedroom1BR,1BA$533
Penn Square1 bdr1BR,1BA$600
North Avenue Gateway II1 bdr1BR,1BA$647
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$689
North Avenue Gateway2 bdr2BR,1BA$749
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Gardenvillage Apartments & Townhouses1 bedroom Junior1BR,1BA$751
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$765
Highlandtown Plaza Co-op Apartments 62+Standard1BR,1BA$845

Best Value Apartments for Rent in Baltimore, MD

As of January 05, 2026 the best value apartment in the Baltimore area is the $0.74 price per square foot 3213 Dorchester Rd Model at 3213 Dorchester Rd, Unit 2 in the in the Burleith-Leighton neighborhood starting from $2,000. The second greatest value Baltimore apartment is the 2026 Druid Hill Ave Model at 2026 Druid Hill Ave, Unit 2 starting at $2,100 with a $0.91 price per square foot in the Inner Harbor 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.
3213 Dorchester Rd, Unit 23213 Dorchester Rd2BR,1BA$0.74
2026 Druid Hill Ave, Unit 22026 Druid Hill Ave3BR,3BA$0.91
2920 Auchentoroly Ter, Unit A22920 Auchentoroly Ter2BR,1BA$0.89
927 N Calvert St, Unit 1F927 N Calvert St3BR,2BA$0.54
3404 Alto Rd, Unit 2nd floor3404 Alto Rd2BR,1BA$1.00
7819 Wise Ave, Unit B7819 Wise Ave2BR,1BA$0.96
North Avenue Gateway2 bdr2BR,1BA$0.75
1015 N Calvert St1 Bedroom1BR,1BA$0.95
Penn Square2 bdr2BR,1BA$0.80
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74

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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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!

Explore Baltimore, MD Rentals by Map

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See the most popular apartments and homes in Baltimore, MD

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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 $845.

What is the price of a cheap apartment in Baltimore?

The cheapest apartment in Baltimore is Greens at Irvington Mews 2 which is listed at $533, while the average apartment in Baltimore costs $2,570.

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 45,165 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 $612 which is $1,958 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.

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.