Cheap Homes for Rent in Downtown Baltimore Neighborhood of Baltimore, MD from $600 (35 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 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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property at 244 S Exeter St

244 S Exeter 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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 1001 St Paul St

1001 St Paul St

BaltimoreMD21202
property at 244 S Exeter St

244 S Exeter St

BaltimoreMD21202
Showing Results 1-35, 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 Studio unit found at St Paul St 817 priced from $745. Avon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Downtown Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
St Paul St 8170BR/1.0BAStudio,1BA$745
Avon1 Beds, 1 Baths1BR,1BA$800
Cathedral St 300Studio ApartmentStudio,1BA$849
Mt. Vernon PropertiesStudioStudio,1BA$850
Vivo Living BaltimoreThe Petite StudioStudio,1BA$874
EastView on the AvenueOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
Saint Paul RegencyStudio apartmentStudio,1BA$925

Best Value Apartments for Rent in Downtown Baltimore, MD

As of July 12, 2025 the best value apartment in the Downtown Baltimore area is the $1.00 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 $2,890. The second greatest value Downtown Baltimore apartment is the 2 Bedroom 2.5 Bath Model at The Railway Express Loft Apartments starting at $2,250 with a $1.18 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$1.00
The Railway Express Loft Apartments2 Bedroom 2.5 Bath2BR,2.5BA$1.18
Calvert Property1BR/1.0BA1BR,1BA$1.02
The Brown's LoftUnit 5012BR,2BA$1.33
10-16 E Chase StStudioStudio ,1BA$1.20
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
Guardian House1 Bed/1 Bath - F1BR,1BA$1.30
812 Mangold St, Unit North bedroom812 Mangold St1BR,1.5BA$0.86
Cathedral St 300StudioStudio ,1BA$1.33

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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Frequently Asked Questions about Downtown Baltimore

What type of rentals are currently available in Downtown Baltimore?

There are currently 1087 Apartments for Rent in Downtown Baltimore, MD with pricing that ranges from $745 to $13,400. There are also 197 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Baltimore ranging from $600 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 $600 to $35,000 with an average monthly rent of $6,554.

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 $5,083, 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.

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.

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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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.