
Cheap Homes for Rent in the Federal Hill Neighborhood of Baltimore, MD from $850 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Federal Hill area of Baltimore.


110 W Hamburg St

1510 Light St

1423 William St

1700 S Charles St, Unit 1F
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1305 Light St

1453 Woodall St

23 Pierside Dr, Unit 234

1600 Light St

1455 Hull St
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Federal Hill, Baltimore, MD Local Guide

How much does it cost to rent a home in Federal Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Hill 2 Bedroom Homes for Rent | $2,467 | $1,595 | $3,500 |
| Federal Hill 3 Bedroom Homes for Rent | $2,908 | $2,100 | $3,900 |
| Federal Hill 4 Bedroom Homes for Rent | $5,059 | $3,000 | $10,000+ |
| Federal Hill 5 Bedroom Homes for Rent | $4,900 | $3,800 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Homes for Rent
 The cheapest available rental home in the Federal Hill area of Baltimore, MD is a 2 Beds home found at 1423 William St priced from $1,595. 1305 Light St has the second lowest priced home, which is a 1 Bed rental home currently listed from $1,700. Here are the most affordable Federal Hill homes for rent in Baltimore, MD:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1423 William St | 1423 William St | 2BR, 1BA | $1,595 |
| 1305 Light St | 1305 Light St | 1BR, 1BA | $1,700 |
| 1305 Light St | 1305 Light St | 2BR, 3BA | $2,350 |
Best Value Homes for Rent in Federal Hill, MD
As of September 20, 2026 the best value rental home in the Federal Hill area is the $1.19 price per square foot 840 S Bond St Model at 840 S Bond St in the Fells Point neighborhood starting from $6,000. The second greatest value Federal Hill rental home is the 1140 S Hanover St Model at 1140 S Hanover St in the Inner Harbor neighborhood starting at $2,425 with a $1.28 price per square foot. Here is today’s list of the best values for Federal Hill homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 840 S Bond St | 840 S Bond St | 5BR, 4BA | $1.19 |
| 1140 S Hanover St | 1140 S Hanover St | 3BR, 2.5BA | $1.28 |
| 1714 Patapsco St | 1714 Patapsco St | 4BR, 5BA | $1.89 |
| 1423 William St | 1423 William St | 2BR, 1BA | $0.92 |
| 1305 Light St | 1305 Light St | 2BR, 3BA | $1.71 |
| 130 E Gittings St | 130 E Gittings St | 2BR, 2BA | $2.23 |
| 1106 William St | 1106 William St | 3BR, 2BA | $2.21 |
| 1014 Patapsco St | 1014 Patapsco St | 2BR, 1BA | $2.33 |
| 1418 Decatur St | 1418 Decatur St | 2BR, 1.5BA | $2.51 |
| 1211 Light St, Unit 108 | 1211 Light St | 2BR, 2BA | $2.47 |
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 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
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Frequently Asked Questions about Federal Hill
What type of rentals are currently available in Federal Hill?
There are currently 76 Apartments for Rent in Federal Hill, MD with pricing that ranges from $897 to $12,500. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Hill ranging from $850 to $10,000.
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 $10,000 with an average monthly rent of $3,265.
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

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.

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.

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.
Articles, How-To's, and Tips

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.