Cheap Apartments for Rent in the Downtown Baltimore Neighborhood of Baltimore, MD from $490 (266 Rentals)

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

property at 1729 N Caroline St

$700 - $775

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $775
Total Monthly Price
$700 - $775

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1729 N Caroline St

BaltimoreMD21213
property at 219 Penn St

$720 - $850

Total Monthly Price

Total Monthly Price

Base Rent
$720 - $850
Total Monthly Price
$720 - $850

1 Bedroom, 1 Bath Townhome for Rent

Available Now

219 Penn St

BaltimoreMD21230

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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property at 646 W Conway St

$750 - $765

Total Monthly Price

Total Monthly Price

Base Rent
$750 - $765
Total Monthly Price
$750 - $765

1 Bedroom, 1 Bath Townhome for Rent

Available Now

646 W Conway St

BaltimoreMD21230

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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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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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 Sep 1

1720 McCulloh St, Unit 4

1720 McCulloh StBaltimore, MD 21217
Cost Per Sq.Ft.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 6

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 3 Beds unit found at Mulberry at Park priced from $739. Avon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Mulberry at ParkThree Bedroom3BR,2BA$739
Avon1 Beds, 1 Baths1BR,1BA$895
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
St James PlaceStellaStudio,1BA$952
9 East Read Street - 80980BR/1.0BAStudio,1BA$975
EastView on the AvenueTwo Bedroom A2BR,1BA$980
Linden Park Apartments (Seniors 62+)StudioStudio,1BA$983

Best Value Apartments for Rent in Downtown Baltimore, MD

As of August 28, 2026 the best value apartment in the Downtown 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 Downtown Baltimore apartment is the 33 W North Ave Model at 33 W North Ave, Unit 3B starting at $2,400 with a $1.17 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.
33 W North Ave, Unit 3B33 W North Ave3BR,2BA$1.17
33 W North Ave, Unit 3B33 W North Ave3BR,2BA$1.17
33 W North Ave33 W North Ave3BR,3BA$1.10
The Brown's LoftUnit 4012BR,1.5BA$1.04
300 S Gilmor St, Unit 2300 S Gilmor St3BR,2BA$0.95
Union Rowe3 Bedroom3BR,1BA$1.04
Somerset Court2 Bedroom/1 Bath Large2BR,1BA$1.07
1017 Hollins St1017 Hollins St1BR,1BA$1.04
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Printers Square Apartments1 Bedroom1BR,1BA$1.16

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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Pet Friendly Lifestyle
Downtown Baltimore, Baltimore, MD

Ranked #48

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 $983.

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

The cheapest apartment in Downtown Baltimore is Avon which is listed at $895, while the average apartment in Downtown Baltimore costs $1,599.

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 243 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 $781 which is $818 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

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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.

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.

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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.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.