Cheap Homes for Rent in Downtown Baltimore Neighborhood of Baltimore, MD from $400 (40 Rentals)

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

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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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.

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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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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.

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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.

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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 Avon priced from $850. Vivo Living Baltimore has the second lowest priced unit, which is a Studio apartment currently listed from $878. Here are the most affordable Downtown Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Avon1 Beds, 1 Baths1BR,1BA$850
Vivo Living BaltimoreThe Petite StudioStudio,1BA$878
EastView on the AvenueOne Bedroom1BR,1BA$880
912 Saint Paul St2 Beds, 1 Baths2BR,1BA$925
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
1017 Saint Paul St0 Beds, 1 BathsStudio,1BA$950
Live 501SLS / 296Studio,1BA$970
Linden Park Apartments (Seniors 62+)StudioStudio,1BA$983
1706 Bolton St0BR/1.0BAStudio,1BA$995

Best Value Apartments for Rent in Downtown Baltimore, MD

As of August 26, 2025 the best value apartment in the Downtown Baltimore area is the $1.18 price per square foot 2 Bedroom 2.5 Bath Model at The Railway Express Loft Apartments in the in the Inner Harbor neighborhood starting from $2,250. The second greatest value Downtown Baltimore apartment is the The Belvedere Model at Prosper On Fayette starting at $1,175 with a $0.88 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.
The Railway Express Loft Apartments2 Bedroom 2.5 Bath2BR,2.5BA$1.18
Prosper On FayetteThe Belvedere4BR,4BA$0.88
Calvert Property1BR/1.0BA1BR,1BA$1.00
1732 Linden Ave, Unit Rear1732 Linden Ave2BR,1.5BA$1.30
2314 Eutaw Pl, Unit 32314 Eutaw Pl3BR,1BA$1.08
The Brown's LoftUnit 5012BR,2BA$1.33
1204 John St, Unit 21204 John St2BR,1BA$1.25
10-16 E Chase StStudioStudio ,1BA$1.20
Guardian House1 Bed/1 Bath - F1BR,1BA$1.30
Printers Square Apartments1 Bedroom1BR,1BA$1.16

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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Pet Friendly Lifestyle
Downtown Baltimore, Baltimore, MD

Ranked #43

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

Frequently Asked Questions about Downtown Baltimore

What type of rentals are currently available in Downtown Baltimore?

There are currently 1093 Apartments for Rent in Downtown Baltimore, MD with pricing that ranges from $745 to $7,890. There are also 208 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Baltimore ranging from $475 to $35,000.

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 $35,000 with an average monthly rent of $6,682.

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 $1,100 to $5,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,300. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $1,175.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.