Cheap Homes for Rent in Federal Hill Neighborhood of Baltimore, MD from $800 (10 Rentals)

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

property at 1218 William St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

4 Bedroom, 4 Bath Home for Rent

Available Now

1218 William St

BaltimoreMD21230

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.

property at 121 Bloomsberry St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 2 Bath Home for Rent

Available Jun 1

121 Bloomsberry St

BaltimoreMD21230
property at 1136 S Charles St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 1

1136 S Charles St

BaltimoreMD21230

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.

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 The Quill by Alta priced from $1,551. 101 Cross Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,718. Here are the most affordable Federal Hill apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
The Quill by AltaS3Studio,1BA$1,551
101 Cross StreetAStudio,1BA$1,718
250 Mission0A - StudioStudio,1BA$1,777

Best Value Apartments for Rent in Federal Hill, MD

As of May 07, 2026 the best value apartment in the Federal Hill area is the $2.15 price per square foot B8 Model at Harbor Hill Apartments in the in the Inner Harbor neighborhood starting from $2,723. The second greatest value Federal Hill apartment is the B8BD Model at Allied Harbor Point starting at $3,807 with a $3.07 price per square foot in the Fells Point 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.
Harbor Hill ApartmentsB82BR,2BA$2.15
Allied Harbor PointB8BD2BR,2.5BA$3.07
Heath Street Lofts2BR/1BA2BR,1BA$1.97
1111 Light StreetThe Clement2BR,2BA$2.28
1110 Key Federal Hill1AB1BR,1.5BA$2.83
1312 S Hanover St, Unit 1312 S Hanover St APT3, Baltimore, MD 212301312 S Hanover St2BR,1BA$3.08
Porter StreetA1TR1BR,1BA$3.18
McHenry RowBaldwin1BR,1BA$2.94
101 Cross StreetAStudio ,1BA$3.08
1016 S Charles St1016 S Charles St1BR,1BA$1.75

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 Article
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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.

Read Article
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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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Quick 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.

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Federal Hill

What type of rentals are currently available in Federal Hill?

There are currently 71 Apartments for Rent in Federal Hill, MD with pricing that ranges from $868 to $6,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Hill ranging from $850 to $11,000.

What is the current price range for Rental Homes in Federal Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Hill ranges from $850 to $11,000 with an average monthly rent of $2,946.

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

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

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.

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

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.