Cheap Apartments for Rent in the Franklin Square Neighborhood of Baltimore, MD from $400 (300 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin Square area of Baltimore.

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Franklin Square, Baltimore, MD Local Guide

Cheapest Available Franklin Square Apartments for Rent

 

The cheapest available apartment rental in the Franklin Square area of Baltimore, MD is a 1 Bed unit found at Penn Square priced from $600. St Paul St 817 has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Franklin Square apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square1 bdr1BR,1BA$600
St Paul St 8170BR/1.0BAStudio,1BA$745
North Avenue Gateway II2 bdr2BR,1BA$751
Wheelhouse Co-Living4B1BR,1BA$822
North Avenue Gateway2 bdr2BR,1BA$833
Cathedral St 300Studio ApartmentStudio,1BA$849

Best Value Apartments for Rent in Franklin Square, MD

As of June 11, 2025 the best value apartment in the Franklin Square area is the $0.92 price per square foot 1038 S Charles St Model at 1038 S Charles St, Unit 1 in the in the Inner Harbor neighborhood starting from $1,650. The second greatest value Franklin Square apartment is the Camden Model at 500 W - Located on the UMB Campus! starting at $1,104 with a $0.76 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Franklin Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1038 S Charles St, Unit 11038 S Charles St2BR,2BA$0.92
500 W - Located on the UMB Campus!Camden4BR,2BA$0.76
2254 Annapolis Rd, Unit 22254 Annapolis Rd1BR,1BA$0.67
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1721 McCulloh St, Unit 31721 McCulloh St1BR,1BA$0.85
832 N Carey St, Unit 2832 N Carey St1BR,1BA$0.88
North Avenue Gateway II2 bdr2BR,1BA$0.75
Penn Square2 bdr2BR,1BA$0.80
North Avenue Gateway2 bdr2BR,1BA$0.88

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Pet Friendly Lifestyle
Franklin Square, Baltimore, MD

Ranked #52

Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Franklin Square, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Baltimore. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Franklin Square Neighborhood in Baltimore, MD

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

81 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Franklin Square Apartments

What is a cheap apartment in Franklin Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Square is under $849.

What is the price of a cheap apartment in Franklin Square?

The cheapest apartment in Franklin Square is Penn Square which is listed at $600, while the average apartment in Franklin Square costs $2,000.

What types of apartments are the cheapest in Franklin Square?

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 181 regular apartments in Franklin Square 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 Franklin Square?

Cheap apartments in Franklin Square have an average cost of $546 which is $1,454 cheaper than the average rent for all rentals in Franklin Square.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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