Cheap Homes for Rent in Downtown Baltimore Neighborhood of Baltimore, MD from $400 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 1620 N Calvert St

$850

1 Bedroom, 1 Bath Townhome for Rent

Available Jan 15

1620 N Calvert St

BaltimoreMD21202

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

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.

Read Article
property at 1824 St Paul St

$1,099 - $1,325

1 To 2 Bedroom Rentals

Available Now

1824 St Paul St

BaltimoreMD21202

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 628 Portland St

$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

628 Portland St

BaltimoreMD21230
Showing Results 1-37, Page 1 of 1

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. 22 Light has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable Downtown Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
22 LightOne Bedroom1BR,1BA$915
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
Vivo Living BaltimorePETITES - The Petite Studio - SStudio,1BA$939
Queen Esther Apartments2 bedroom townhome2BR,1BA$950
1015 N Calvert St1 Bedroom1BR,1BA$950
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$968
Live 501S1AStudio,1BA$970

Best Value Apartments for Rent in Downtown Baltimore, MD

As of January 12, 2026 the best value apartment in the Downtown Baltimore area is the $1.07 price per square foot 30 E Preston St Model at 30 E Preston St, Unit B in the in the Inner Harbor neighborhood starting from $2,790. The second greatest value Downtown Baltimore apartment is the 2026 Druid Hill Ave Model at 2026 Druid Hill Ave, Unit 2 starting at $2,100 with a $0.91 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.
30 E Preston St, Unit B30 E Preston St3BR,3BA$1.07
2026 Druid Hill Ave, Unit 22026 Druid Hill Ave3BR,3BA$0.91
The Railway Express Loft Apartments2 Bedroom 2.5 Bath2BR,2.5BA$1.21
246 W Lanvale St, Unit 3246 W Lanvale St2BR,1BA$1.04
Calvert Property2BR/2.0BA2BR,2BA$1.26
1015 N Calvert St1 Bedroom1BR,1BA$0.95
Barclay Greenmount2 Bedroom2BR,1BA$1.14
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
Printers Square Apartments1 Bedroom1BR,1BA$1.16
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Baltimore, Baltimore, MD

Ranked #46

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Downtown Baltimore, Baltimore, MD

School data provided by Great Schools

Frequently Asked Questions about Downtown Baltimore

What type of rentals are currently available in Downtown Baltimore?

There are currently 1080 Apartments for Rent in Downtown Baltimore, MD with pricing that ranges from $595 to $6,750. There are also 207 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Baltimore ranging from $475 to $7,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Baltimore ranges from $475 to $7,000 with an average monthly rent of $1,755.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Baltimore range from $1,040 to $5,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,800. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $595.

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.

Articles, How-To's, and Tips

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 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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.