Cheap Apartments for Rent in the Downtown Baltimore Neighborhood of Baltimore, MD from $400 (252 Rentals)

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

property at 646 W Conway St

$750 - $765

1 Bedroom, 1 Bath Townhome for Rent

Available Now

646 W Conway St

BaltimoreMD21230

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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property at 1216 W Lafayette Ave

$800 - $860

Total Monthly Price

Total Monthly Price

Base Rent
$800 - $860
Total Monthly Price
$800 - $860

1 Bedroom, 1 Bath Condo for Rent

Available Now

1216 W Lafayette Ave

BaltimoreMD21217

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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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 1401 Madison Ave

$990 - $1,390

1 To 2 Bedroom Rentals

Available Now

1401 Madison Ave

BaltimoreMD21217

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.

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Downtown Baltimore, Baltimore, MD Local Guide

Cheapest Available Downtown Baltimore Apartments for Rent

 

The cheapest available apartment rental in the Downtown Baltimore area of Baltimore, MD is a 1 Bed unit found at Hampton Court Apartments priced from $900. 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 Downtown Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
HI-1001 W Lafayette Ave1/11BR,1BA$900
22 LightOne Bedroom1BR,1BA$915
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
Queen Esther Apartments2 bedroom townhome2BR,1BA$950
Vision on LombardTower 2 - StudioStudio,1BA$965
Live 501S1AStudio,1BA$970
Westview on the AvenueRussell2BR,1BA$975

Best Value Apartments for Rent in Downtown Baltimore, MD

As of May 20, 2026 the best value apartment in the Downtown Baltimore area is the $0.99 price per square foot 3 Bedroom Model at Barclay Greenmount in the in the Inner Harbor neighborhood starting from $1,292. The second greatest value Downtown Baltimore apartment is the Unit 501 Model at The Brown's Loft starting at $1,590 with a $1.33 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Downtown Baltimore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Barclay Greenmount3 Bedroom3BR,1BA$0.99
The Brown's LoftUnit 5012BR,2BA$1.33
Somerset Court3 Bedroom/1 Bath Small3BR,1BA$1.32
1017 Hollins St1017 Hollins St1BR,1BA$1.04
19 E Fayette StOne Bedroom1BR,1BA$1.33
1716 McCulloh St, Unit 21716 McCulloh StStudio ,1BA$0.88
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
Printers Square Apartments1 Bedroom1BR,1BA$1.16
HI-1001 W Lafayette Ave1/11BR,1BA$1.13
20 N Carey St, Unit 320 N Carey StStudio ,1BA$1.31

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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Pet Friendly Lifestyle
Downtown Baltimore, Baltimore, MD

Ranked #49

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Baltimore, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Maryland, including Baltimore. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Baltimore Apartments

What is a cheap apartment in Downtown Baltimore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Baltimore is under $975.

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

The cheapest apartment in Downtown Baltimore is Hampton Court Apartments which is listed at $900, while the average apartment in Downtown Baltimore costs $3,790.

What types of apartments are the cheapest in Downtown 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 201 regular apartments in Downtown 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 Downtown Baltimore?

Cheap apartments in Downtown Baltimore have an average cost of $942 which is $2,848 cheaper than the average rent for all rentals in Downtown 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

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.