Cheap Apartments for Rent in the Federal Hill Neighborhood of Baltimore, MD from $700 (16 Rentals)

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

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The Darcy
Studio to 2 Bedroom Apartments

The Darcy

1702 Light StBaltimore, MD 21230
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101 Wells
1 to 3 Bedroom Apartments

101 Wells

101 E Wells StBaltimore, MD 21230
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Federal Hill, Baltimore, MD Local Guide

Cheapest Available Federal Hill Apartments for Rent

 

The cheapest available apartment rental in the Federal Hill area of Baltimore, MD is a 1 Bed unit found at Sharp Leadenhall Apartments priced from $968. The Quill by Alta has the second lowest priced unit, which is a Studio apartment currently listed from $1,445. Here are the most affordable Federal Hill apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$968
The Quill by AltaS3Studio,1BA$1,445
ReNew Federal Hill East & WestFranklinStudio,1BA$1,509
101 Cross StreetAStudio,1BA$1,543
McHenry RowBaldwin1BR,1BA$1,596

Best Value Apartments for Rent in Federal Hill, MD

As of December 19, 2025 the best value apartment in the Federal Hill area is the $1.56 price per square foot 2BR/2.0BA Model at For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits! in the in the Inner Harbor neighborhood starting from $1,995. The second greatest value Federal Hill apartment is the A5 Model at Harbor Hill Apartments starting at $1,882 with a $2.02 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Federal Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits!2BR/2.0BA2BR,2BA$1.56
Harbor Hill ApartmentsA51BR,1BA$2.02
1111 Light StreetThe Key2BR,2BA$2.54
Heath Street LoftsStudioStudio ,1BA$2.04
1110 Key Federal Hill1N1BR,1BA$3.14
Porter StreetA1TR1BR,1BA$2.86
McHenry RowBaldwin1BR,1BA$2.47
Alta Federal HillJ11BR,1BA$2.89
101 Cross StreetAStudio ,1BA$2.77
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$1.76

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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Quick Rent Budget Calculator

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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

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

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Frequently Asked Questions about Cheap Federal Hill Apartments

What is a cheap apartment in Federal Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Federal Hill is under $1,750.

What is the price of a cheap apartment in Federal Hill?

The cheapest apartment in Federal Hill is Sharp Leadenhall Apartments which is listed at $968, while the average apartment in Federal Hill costs $2,689.

What types of apartments are the cheapest in Federal Hill?

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 74 regular apartments in Federal Hill 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 Federal Hill?

Cheap apartments in Federal Hill have an average cost of $453 which is $2,236 cheaper than the average rent for all rentals in Federal Hill.

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

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!