Cheap Homes for Rent in Central Baltimore Neighborhood of Baltimore, MD from $400 (35 Rentals)

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Search the lowest-cost Homes 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 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$780 - $1,100
Total Monthly Price
$780 - $1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

1232 W Lafayette Ave

BaltimoreMD21217

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 2348 Eutaw Pl

$1,095 - $1,395

1 To 2 Bedroom Rentals

Available Now

2348 Eutaw Pl

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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property at 257X McCulloh St

$1,200 - $1,600

1 To 3 Bedroom Rentals

Available Now

257X McCulloh St

BaltimoreMD21217
Showing Results 1-35, Page 1 of 1

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. 809 Park Ave has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Central Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Mulberry at ParkThree Bedroom3BR,2BA$739
809 Park Ave0 Beds, 1 BathsStudio,1BA$800
1224 St Paul St0 Beds, 1 BathsStudio,1BA$850
221-223 E Preston St0 Beds, 1 BathsStudio,1BA$850
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Avon1 Beds, 1 Baths1BR,1BA$895
Saint Paul RegencyStudio apartmentStudio,1BA$925
849 Park Ave1 Beds, 1 Baths1BR,1BA$950
Live 501S1AStudio,1BA$970

Best Value Apartments for Rent in Central Baltimore, MD

As of June 22, 2026 the best value apartment in the Central Baltimore area is the $1.26 price per square foot 30 E Preston St Model at 30 E Preston St, Unit A in the in the Inner Harbor neighborhood starting from $3,790. The second greatest value Central Baltimore apartment is the 3bed/3Bath Model at Guilford Row starting at $2,595 with a $1.35 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.
30 E Preston St, Unit A30 E Preston St5BR,5BA$1.26
Guilford Row3bed/3Bath3BR,3.5BA$1.35
Barclay Greenmount3 Bedroom3BR,1BA$0.99
The Brown's LoftUnit 5012BR,2BA$1.33
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
313 W Madison St, Unit DUPLEX313 W Madison St2BR,1BA$1.20
Whitelock Apartments1 Bedroom 1 Bath1BR,1BA$1.20
226 W Monument St2 Beds, 1 Baths2BR,1BA$1.26
Mulberry at ParkOne Bedroom1BR,1BA$1.19
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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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

Frequently Asked Questions about Central Baltimore

What type of rentals are currently available in Central Baltimore?

There are currently 1056 Apartments for Rent in Central Baltimore, MD with pricing that ranges from $600 to $5,235. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Baltimore ranging from $475 to $4,000.

What is the current price range for Rental Homes in Central Baltimore?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Baltimore ranges from $475 to $4,000 with an average monthly rent of $1,696.

How much are larger Three and Four Bedroom Rentals in Central Baltimore?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Baltimore range from $739 to $4,751, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,850. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $1,247.

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

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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.

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

Written by: Christine Leonard, Esq.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.