Cheap Homes for Rent in Forest Park Neighborhood of Baltimore, MD from $500 (45 Rentals)

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

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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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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property at 3817 Cottage Ave

$650

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3817 Cottage Ave

BaltimoreMD21215

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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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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property at 4024 Hilton Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

4024 Hilton Rd, Unit Apt 2

4024 Hilton Rd
BaltimoreMD21215

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.

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Showing Results 1-45, Page 1 of 1

Forest Park, Baltimore, MD Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in the Forest Park area of Baltimore, MD is a 1 Bed unit found at North Avenue Gateway II priced from $745. Penn Square I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $797. Here are the most affordable Forest Park apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
North Avenue Gateway II1 Bedroom/1 Bath C1BR,1BA$745
Penn Square I2 Bedroom/1 Bath B2BR,1BA$797
Ashburton Woods ApartmentsOne Bedroom/1 Bath1BR,1BA$855
Palmer Court2/1.002BR,1BA$950
2210 Roslyn Ave1BR/1.0BA1BR,1BA$975
Greenspring Overlook1 Bedroom1BR,1BA$1,002
Wabash Manor Apartments2BR/1BA Standard2BR,1BA$1,100
The Village at Jones FallsThe Bogie2BR,1BA$1,100

Best Value Apartments for Rent in Forest Park, MD

As of June 22, 2026 the best value apartment in the Forest Park area is the $0.61 price per square foot 5023 Queensberry Ave Model at 5023 Queensberry Ave, Unit Senior Shared home in the in the Northwest Baltimore neighborhood starting from $850. The second greatest value Forest Park apartment is the Two Bedroom/1 Bath Model at Ashburton Woods Apartments starting at $1,050 with a $1.00 price per square foot in the Burleith-Leighton neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5023 Queensberry Ave, Unit Senior Shared home5023 Queensberry Ave4BR,2BA$0.61
Ashburton Woods ApartmentsTwo Bedroom/1 Bath2BR,1BA$1.00
Fairway Ridge Apartments and TownhomesThe Greenview Renovated2BR,2BA$1.35
Northwest TownhomesThe Axis2BR,1BA$1.29
Elgin Townhomes2BR/1.0BA2BR,1BA$1.25
3003 Presstman St, Unit 13003 Presstman St2BR,2BA$1.40
5312 Gwynn Oak Ave, Unit Apt. 35312 Gwynn Oak Ave2BR,1BA$1.22
The Village at Jones FallsThe Bogie2BR,1BA$1.28
4130 Woodhaven Ave, Unit 1 Bedroom Apartment4130 Woodhaven Ave1BR,1BA$1.38
Penn Square I1 Bedroom/1 Bath A1BR,1BA$1.09

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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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
Forest Park, Baltimore, MD

Ranked #213

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Forest Park, Baltimore, MD

School data provided by Great Schools

Frequently Asked Questions about Forest Park

What type of rentals are currently available in Forest Park?

There are currently 345 Apartments for Rent in Forest Park, MD with pricing that ranges from $550 to $3,300. There are also 192 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Park ranging from $500 to $4,000.

What is the current price range for Rental Homes in Forest Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Park ranges from $500 to $4,000 with an average monthly rent of $1,763.

How much are larger Three and Four Bedroom Rentals in Forest Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Park range from $814 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $2,800. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $850.

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.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

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.