Cheap Apartments for Rent in the Federal Hill Neighborhood of Baltimore, MD from $900 (42 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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1340 S Hanover St, Unit D
$1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395
1 Bedroom Apartment Available Jul 18

1340 S Hanover St, Unit D

1340 S Hanover StBaltimore, MD 21230
Affordability
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The Quill by Alta
Rent Specials
$1,581 - $3,931
Total Monthly Price

Total Monthly Price

Base Rent
$1,581 - $3,931

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Quill by Alta

1900 S Hanover StBaltimore, MD 21230
Student Housing
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Porter Street
$1,695 - $2,847
Total Monthly Price

Total Monthly Price

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$1,695 - $2,847

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Studio to 2 Bedroom Apartments Available Jul 1

Porter Street

1401 Porter StBaltimore, MD 21230
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McHenry Row
$1,702 - $2,964
Total Monthly Price

Total Monthly Price

Base Rent
$1,702 - $2,964

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Jun 21

McHenry Row

1700 Whetstone WayBaltimore, MD 21230
Eco-Friendly
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101 Cross Street
Rent Specials
$1,799 - $5,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $5,580

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

101 Cross Street

101 W Cross StBaltimore, MD 21230
Student Housing
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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.

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The Frank
Rent Specials
$1,876 - $4,786
Total Monthly Price

Total Monthly Price

Base Rent
$1,876 - $4,786

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Studio to 3 Bedroom Apartments Available Now

The Frank

2500 Insulator DrBaltimore, MD 21230
Student Housing
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49 E Montgomery St, Unit 2
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900
2 Bedroom Apartment Available Jun 20

49 E Montgomery St, Unit 2

49 E Montgomery StBaltimore, MD 21230
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250 Mission
Rent Specials
$1,901 - $3,406
Total Monthly Price

Total Monthly Price

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$1,901 - $3,406

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Studio to 2 Bedroom Apartments Available Now

250 Mission

250 Mission BlvdBaltimore, MD 21230
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Alta Federal Hill
Rent Specials
$1,951 - $3,694
Total Monthly Price

Total Monthly Price

Base Rent
$1,951 - $3,694

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Alta Federal Hill

1800 S Hanover StBaltimore, MD 21230
Luxury
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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 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
  • Utilities Included

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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A2 by Anthem House
Studio to 2 Bedroom Apartments

A2 by Anthem House

1430 Lawrence StBaltimore, MD 21230
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Rye House
Studio to 3 Bedroom Apartments

Rye House

2450 Rye StBaltimore, MD 21230

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.

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 Studio unit found at Heath Street Lofts priced from $1,610. The Frank has the second lowest priced unit, which is a Studio apartment currently listed from $1,876. Here are the most affordable Federal Hill apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Heath Street LoftsStudioStudio,1BA$1,610
The FrankS4Studio,1BA$1,876
250 Mission0A - StudioStudio,1BA$1,901
101 Cross StreetE1BR,1BA$1,902
Harbor Hill ApartmentsA51BR,1BA$1,913
The Quill by AltaJ51BR,1BA$1,921
Rye HouseSTStudio,1BA$1,927
Alta Federal HillJ11BR,1BA$1,951
1110 Key Federal Hill1E1BR,1BA$1,961
1111 Light StreetThe Lofts at 1111 LightStudio,1BA$1,975

Best Value Apartments for Rent in Federal Hill, MD

As of June 13, 2026 the best value apartment in the Federal Hill area is the $3.15 price per square foot 2D Model at 1110 Key Federal Hill in the in the Inner Harbor neighborhood starting from $3,521. The second greatest value Federal Hill apartment is the 2BR/2.0BA Model at 1201 S Charles starting at $2,200 with a $2.09 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.
1110 Key Federal Hill2D2BR,2BA$3.15
1201 S Charles2BR/2.0BA2BR,2BA$2.09
Harbor Hill ApartmentsA51BR,1BA$2.06
1111 Light StreetThe Federal1BR,1BA$2.73
Heath Street LoftsStudioStudio ,1BA$2.04
101 Cross StreetD1BR,1BA$2.70
2460 TerrapinOne Bedroom A1BR,1BA$3.43
Alta Federal HillJ11BR,1BA$3.46
The Quill by AltaJ51BR,1BA$3.52
Rye HouseSTStudio ,1BA$3.55

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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Real 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.

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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 $1,975.

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

The cheapest apartment in Federal Hill is 101 Cross Street which is listed at $1,902, while the average apartment in Federal Hill costs $4,521.

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 226 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 $1,971 which is $2,550 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.

Helpful Local Expert Guides

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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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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.

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Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

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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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.