Cheap Apartments for Rent in the Central Baltimore Neighborhood of Baltimore, MD from $400 (166 Rentals)

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

property at 1232 W Lafayette Ave

$780 - $950

Total Monthly Price

Total Monthly Price

Base Rent
$780 - $950
Total Monthly Price
$780 - $950

1 Bedroom, 1 Bath Home for Rent

Available Now

1232 W Lafayette Ave

BaltimoreMD21217

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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 2572 McCulloh St

$995 - $1,350

1 To 4 Bedroom Rentals

Available Now

2572 McCulloh St

BaltimoreMD21217

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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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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Showing Results 1-50, Page 1 of 4

Central Baltimore, Baltimore, MD Local Guide

Cheapest Available Central Baltimore Apartments for Rent

 

The cheapest available apartment rental in the Central Baltimore area of Baltimore, MD is a 1 Bed unit found at Renaissance at Reservoir Hill priced from $880. HI-1001 W Lafayette Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Central Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
HI-1001 W Lafayette Ave1/11BR,1BA$900
22 LightOne Bedroom1BR,1BA$915
Saint Paul RegencyStudio apartmentStudio,1BA$925
Avon1 Beds, 1 Baths1BR,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
Live 501S1AStudio,1BA$970

Best Value Apartments for Rent in Central Baltimore, MD

As of April 12, 2026 the best value apartment in the Central Baltimore area is the $1.06 price per square foot 836 Park Ave Model at 836 Park Ave, Unit #A Townhouse in the in the Inner Harbor neighborhood starting from $2,750. The second greatest value Central Baltimore apartment is the 2026 Druid Hill Ave Model at 2026 Druid Hill Ave, Unit 2 starting at $1,950 with a $0.85 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Central Baltimore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
836 Park Ave, Unit #A Townhouse836 Park Ave2BR,2.5BA$1.06
2026 Druid Hill Ave, Unit 22026 Druid Hill Ave3BR,3BA$0.85
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
1719 Saint Paul St, Unit 31719 Saint Paul St1BR,1BA$1.08
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
1716 McCulloh St, Unit 21716 McCulloh StStudio ,1BA$0.88
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
Printers Square Apartments1 Bedroom1BR,1BA$1.16
HI-1001 W Lafayette Ave1/11BR,1BA$1.13
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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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

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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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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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Best Local Schools in
Central Baltimore, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States including Central Baltimore, Baltimore, and the greater Baltimore area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Central Baltimore Apartments

What is a cheap apartment in Central Baltimore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Baltimore is under $970.

What is the price of a cheap apartment in Central Baltimore?

The cheapest apartment in Central Baltimore is Renaissance at Reservoir Hill which is listed at $880, while the average apartment in Central Baltimore costs $2,750.

What types of apartments are the cheapest in Central 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 217 regular apartments in Central 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 Central Baltimore?

Cheap apartments in Central Baltimore have an average cost of $992 which is $1,758 cheaper than the average rent for all rentals in Central 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.

decorative image for Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

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.

decorative image for Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers article

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.