
Cheap Apartments for Rent in the Federal Hill Neighborhood of Baltimore, MD from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Federal Hill area of Baltimore.


1420 Light St

1037 Light St

32 W Montgomery St, Unit A

The Quill by Alta
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.

1015 S Charles St, Unit 1015

1700 S Charles St

ReNew Federal Hill East & West

McHenry Row

101 Cross Street
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.

Porter Street

2460 Terrapin

1436 Light St
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.

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 | $1,943 | $1,440 | $8,000 |
| Federal Hill 1 Bedroom Apartments | $1,994 | $747 | $4,750 |
| Federal Hill 2 Bedroom Apartments | $2,712 | $1,119 | $3,817 |
| Federal Hill 3 Bedroom Apartments | $2,623 | $1,240 | $5,720 |
Browse Apartments in this Neighborhood
There are currently 16 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sharp Leadenhall Apartments | The Caroline | 1BR,1BA | $968 |
| The Quill by Alta | S3 | Studio,1BA | $1,445 |
| ReNew Federal Hill East & West | Franklin | Studio,1BA | $1,509 |
| 101 Cross Street | A | Studio,1BA | $1,543 |
| McHenry Row | Baldwin | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits! | 2BR/2.0BA | 2BR,2BA | $1.56 |
| Harbor Hill Apartments | A5 | 1BR,1BA | $2.02 |
| 1111 Light Street | The Key | 2BR,2BA | $2.54 |
| Heath Street Lofts | Studio | Studio ,1BA | $2.04 |
| 1110 Key Federal Hill | 1N | 1BR,1BA | $3.14 |
| Porter Street | A1TR | 1BR,1BA | $2.86 |
| McHenry Row | Baldwin | 1BR,1BA | $2.47 |
| Alta Federal Hill | J1 | 1BR,1BA | $2.89 |
| 101 Cross Street | A | Studio ,1BA | $2.77 |
| Sharp Leadenhall Apartments | The Caroline | 1BR,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.
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
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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.
Pet Friendly Lifestyle
Ranked #
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
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

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.

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.

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!

