Cheap Apartments for Rent in the Federal Hill Neighborhood of Baltimore, MD from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Federal Hill area of Baltimore.

Sharp Leadenhall Apartments

12 W Montgomery St

1412 Light St

1037 Light St
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.

906 S Charles St

The Quill by Alta

1125 Light St

1015 S Charles St, Unit 1015

1510 Light St
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.

128 W Fort Ave

1458 Riverside Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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1445 William St

1427 S Hanover St
Federal Hill, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Federal Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Hill Studio Apartments | $2,021 | $1,445 | $8,000 |
| Federal Hill 1 Bedroom Apartments | $2,099 | $747 | $6,500 |
| Federal Hill 2 Bedroom Apartments | $2,842 | $1,231 | $4,135 |
| Federal Hill 3 Bedroom Apartments | $4,177 | $1,364 | $5,720 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Federal Hill Neighborhood of Baltimore, MD.
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Federal Hill, Baltimore, MD Local Guide
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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 $1,065. The Flats has the second lowest priced unit, which is a Studio apartment currently listed from $1,446. Here are the most affordable Federal Hill apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sharp Leadenhall Apartments | The Caroline | 1BR,1BA | $1,065 |
| The Flats | The Dempsey | Studio,1BA | $1,446 |
| The Quill by Alta | S2 | Studio,1BA | $1,540 |
| ReNew Federal Hill East & West | Florence | Studio,1BA | $1,568 |
| Heath Street Lofts | Studio | Studio,1BA | $1,605 |
Best Value Apartments for Rent in Federal Hill, MD
As of November 01, 2025 the best value apartment in the Federal Hill area is the $2.61 price per square foot C1A Model at 1305 Dock Street in the in the Fells Point neighborhood starting from $3,873. The second greatest value Federal Hill apartment is the 2BR/2.0BA Model at For Rent: Modern Luxury Living at 1201 S. Charles starting at $1,995 with a $1.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1305 Dock Street | C1A | 3BR,2BA | $2.61 |
| For Rent: Modern Luxury Living at 1201 S. Charles | 2BR/2.0BA | 2BR,2BA | $1.56 |
| 1111 Light Street | The Charles | 2BR,2BA | $2.35 |
| Harbor Hill Apartments | A5 | 1BR,1BA | $2.10 |
| 1110 Key Federal Hill | 1AA | 1BR,2BA | $2.98 |
| Heath Street Lofts | Studio | Studio ,1BA | $2.04 |
| Rye House | 1B-3 | 1BR,1BA | $3.12 |
| McHenry Row | Baldwin | 1BR,1BA | $2.81 |
| Sharp Leadenhall Apartments | The Caroline | 1BR,1BA | $1.85 |
| The Flats | The Dempsey | Studio ,1BA | $2.60 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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 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 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 Lifestyle
Ranked #
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
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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 $1,835.
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 $1,065, while the average apartment in Federal Hill costs $4,520.
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 58 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 $317 which is $4,203 cheaper than the average rent for all rentals in Federal Hill.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



