Cheap Apartments for Rent in the Franklin Square Neighborhood of Baltimore, MD from $400 (240 Rentals)

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

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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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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 2572 McCulloh St

2572 McCulloh St

BaltimoreMD21217
property at 307 Dolphin St

307 Dolphin St

BaltimoreMD21217

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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. North Avenue Gateway II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here are the most affordable Franklin Square apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square1 bdr1BR,1BA$600
North Avenue Gateway II1 bdr1BR,1BA$647
North Avenue Gateway2 bdr2BR,1BA$833
Midtown at Coppin Heights3 Bed 1.5 Bath3BR,1BA$848
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
22 LightOne Bedroom1BR,1BA$915

Best Value Apartments for Rent in Franklin Square, MD

As of December 12, 2025 the best value apartment in the Franklin Square area is the $1.11 price per square foot 246 W Lanvale St Model at 246 W Lanvale St, Unit 3 in the in the Inner Harbor neighborhood starting from $1,550. The second greatest value Franklin Square apartment is the 3404 Alto Rd Model at 3404 Alto Rd, Unit 2nd floor starting at $1,500 with a $1.07 price per square foot in the Burleith-Leighton 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.
246 W Lanvale St, Unit 3246 W Lanvale St2BR,1BA$1.11
3404 Alto Rd, Unit 2nd floor3404 Alto Rd2BR,1BA$1.07
106 E Chase St, Unit 2106 E Chase St1BR,1BA$0.83
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1015 N Calvert St1 Bedroom1BR,1BA$0.95
Penn Square2 bdr2BR,1BA$0.80
North Avenue Gateway2 bdr2BR,1BA$0.88
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74
North Avenue Gateway II1 bdr1BR,1BA$1.06

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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The 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.

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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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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
Franklin Square, Baltimore, MD

Ranked #43

Among cities in Maryland 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 the Cheapest Studio apartment in Franklin Square?

Currently the most affordable Cheap Studio Apartment in Franklin Square is at Saint Paul Regency listed at $925.

How much is rent for a Cheap One Bedroom Franklin Square Apartment?

The lowest price for a Cheap One Bedroom Franklin Square Apartment is $600 at Penn Square.

What is the lowest price for a Cheap Two Bedroom Franklin Square Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Square is starting from $768 at Penn Square.

What is the most affordable Franklin Square Three Bedroom Apartment?

The best deal on a cheap Franklin Square Three Bedroom Apartment rental is at Midtown at Coppin Heights and starts from $848.

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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!