Cheap Apartments for Rent in the Central Baltimore Neighborhood of Baltimore, MD from $400 (178 Rentals)

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

property at 2317 Barclay St

$700 - $850

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $850
Total Monthly Price
$700 - $850

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2317 Barclay St

BaltimoreMD21218

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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property at 1232 W Lafayette Ave

$780 - $1,098

Total Monthly Price

Total Monthly Price

Base Rent
$780 - $1,098
Total Monthly Price
$780 - $1,098

1 Bedroom, 1 Bath Home for Rent

Available Now

1232 W Lafayette Ave

BaltimoreMD21217
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834 N Carey St, Unit 3
$850
Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850
1 Bedroom Apartment Available Now

834 N Carey St, Unit 3

834 N Carey StBaltimore, MD 21217
Cost Per Sq.Ft.

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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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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property at 2572 McCulloh St

$995 - $1,350

1 To 4 Bedroom Rentals

Available Now

2572 McCulloh St

BaltimoreMD21217
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1720 McCulloh St, Unit 4
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
2 Bedroom Apartment Available Now

1720 McCulloh St, Unit 4

1720 McCulloh StBaltimore, MD 21217
Affordability

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 3 Beds unit found at Mulberry at Park priced from $739. 1224 St Paul St has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Central Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Mulberry at ParkThree Bedroom3BR,2BA$739
1224 St Paul St0 Beds, 1 BathsStudio,1BA$795
221-223 E Preston St0 Beds, 1 BathsStudio,1BA$850
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Avon1 Beds, 1 Baths1BR,1BA$899
849 Park Ave1 Beds, 1 Baths1BR,1BA$899
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
Live 501SLS / 296Studio,1BA$970

Best Value Apartments for Rent in Central Baltimore, MD

As of July 18, 2026 the best value apartment in the Central Baltimore area is the $1.17 price per square foot 33 W North Ave Model at 33 W North Ave, Unit 3B in the in the Inner Harbor neighborhood starting from $2,400. The second greatest value Central Baltimore apartment is the Unit 401 Model at The Brown's Loft starting at $1,590 with a $1.04 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.
33 W North Ave, Unit 3B33 W North Ave3BR,2BA$1.17
The Brown's LoftUnit 4012BR,1.5BA$1.04
Union Rowe3 Bedroom3BR,1BA$1.04
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
Whitelock Apartments1 Bedroom 1 Bath1BR,1BA$1.20
1720 McCulloh St, Unit 41720 McCulloh St2BR,1BA$1.00
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Mulberry at ParkOne Bedroom1BR,1BA$1.19
Printers Square Apartments1 Bedroom1BR,1BA$1.13
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15

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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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 $3,790.

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 405 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 $931 which is $2,859 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.

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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.