
Cheap Homes for Rent in the Downtown Baltimore Neighborhood of Baltimore, MD from $550 (46 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Baltimore area of Baltimore.


12 E Biddle St

1607 Division St

1334 Druid Hill Ave

219 Penn St

22 Parkin St

646 W Conway St

1232 W Lombard St

1402 Aisquith St
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1216 W Lafayette Ave, Unit UnitB - Front Bedroom

709 N Carrollton Ave, Unit 1A

219 Penn Street - 2nd Floor + Private Bathroom

428 E Oliver St

1232 W Lombard St

628 Portland St

16 S Carey St

1102 Carroll St

843 Hollins St
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255 W Lombard St

424 E North Ave

108 W North Ave

1131 N Gilmor St

1338 Washington Blvd

1222 Washington Blvd

1200 N Eden St

810 St Paul St, Unit T3

1315 Harlem Ave
Baltimore's Best Affordable Neighborhoods
Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

22 S Carey St

1424 W Pratt St

1423 W Fayette St

717-721 St Paul St

106 N Eutaw St

124 E Trenton St, Unit 105

933 St Paul St, Unit B6

239 W Lafayette Ave

810 St Paul St, Unit 204
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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.

501 Archer St

416 S Gilmor St

1049 Brantley Ave, Unit 2

1412 W Saratoga St

1917 Aisquith St

1 E Chase St, Unit 301

1015 Edmondson Ave, Unit Second Floor

1504 McHenry St

1350 Carroll St
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.

1170 Washington Blvd
Downtown Baltimore, Baltimore, MD Local Guide

How much does it cost to rent a home in Downtown Baltimore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Baltimore 2 Bedroom Homes for Rent | $1,818 | $900 | $3,600 |
| Downtown Baltimore 3 Bedroom Homes for Rent | $2,185 | $775 | $3,950 |
| Downtown Baltimore 4 Bedroom Homes for Rent | $2,919 | $650 | $10,000+ |
| Downtown Baltimore 5 Bedroom Homes for Rent | $2,670 | $1,850 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Downtown Baltimore Neighborhood of Baltimore, MD.
Explore Baltimore
Downtown Baltimore, Baltimore, MD Local Guide
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Best Value Homes for Rent in Downtown Baltimore, MD
As of September 22, 2026 the best value rental home in the Downtown Baltimore area is the $1.28 price per square foot 1427 Bolton St Model at 1427 Bolton St, Unit 2 in the Inner Harbor neighborhood starting from $3,600. The second greatest value Downtown Baltimore rental home is the 113 Lloyd St Model at 113 Lloyd St, Unit 234 in the Fells Point neighborhood starting at $2,700 with a $1.14 price per square foot. Here is today’s list of the best values for Downtown Baltimore homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1427 Bolton St, Unit 2 | 1427 Bolton St | 2BR, 2BA | $1.28 |
| 113 Lloyd St, Unit 234 | 113 Lloyd St | 3BR, 2.5BA | $1.14 |
| 208 Scott St | 208 Scott St | 3BR, 3.5BA | $1.24 |
| 33 S Calhoun St | 33 S Calhoun St | 3BR, 2BA | $1.06 |
| 2505 Woodbrook Ave | 2505 Woodbrook Ave | 4BR, 2BA | $0.84 |
| 11 S Carey St | 11 S Carey St | 4BR, 2BA | $1.06 |
| 219 Penn Street - 2nd Floor + Private Bathroom | 219 Penn Street - 2nd Floor + Private Bathroom | 3BR, 2BA | $0.57 |
| 415 Federal St | 415 Federal St | 2BR, 1.5BA | $1.26 |
| 1200 N Eden St | 1200 N Eden St | 2BR, 2BA | $1.27 |
| 843 Hollins St | 843 Hollins St | 1BR, 1BA | $1.19 |
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 ArticleBeyond 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 ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Baltimore, Baltimore, MD
Ranked #50
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Baltimore, Baltimore, MD
Baltimore School For The Arts
Booker T. Washington Middle School
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 1066 Apartments for Rent in Downtown Baltimore, MD with pricing that ranges from $800 to $9,750. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Baltimore ranging from $550 to $10,000.
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 $550 to $10,000 with an average monthly rent of $1,956.
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 $1,105 to $4,922, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $3,950. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,160.
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

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.

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.

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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.