Cheap Apartments for Rent in the Gay Street Neighborhood of Baltimore, MD from $400 (278 Rentals)

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

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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

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property at 1108 N Bond St

$975 - $1,175

1 To 2 Bedroom Rentals

Available Now

1108 N Bond St

BaltimoreMD21213
property at 1401 Madison Ave

$990 - $1,390

1 To 2 Bedroom Rentals

Available Now

1401 Madison Ave

BaltimoreMD21217

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

Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

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Showing Results 1-50, Page 1 of 6

Gay Street, Baltimore, MD Local Guide

Cheapest Available Gay Street Apartments for Rent

 

The cheapest available apartment rental in the Gay Street area of Baltimore, MD is a 2 Beds unit found at 1111 Light Street priced from $150. Mary Harvin House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $683. Here are the most affordable Gay Street apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
1111 Light StreetThe Cross2BR,2BA$150
Mary Harvin House1 Bedroom/1 Bath A1BR,1BA$683
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$720
Oak Hill Townhomes0BR/1.0BAStudio,1BA$850
Campus SquareStudioStudio,1BA$890
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
HI-1001 W Lafayette Ave1/11BR,1BA$900

Best Value Apartments for Rent in Gay Street, MD

As of May 18, 2026 the best value apartment in the Gay Street area is the $0.67 price per square foot 4 Bedroom / 2 Bathrooms (leased per bedroom) Model at HH Cresmont in the in the Burleith-Leighton neighborhood starting from $1,079. The second greatest value Gay Street apartment is the 1034 S Charles St Model at 1034 S Charles St, Unit 1034 starting at $1,695 with a $1.06 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Gay Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.67
1034 S Charles St, Unit 10341034 S Charles St2BR,2BA$1.06
Barclay Greenmount3 Bedroom3BR,1BA$0.99
1017 Hollins St1017 Hollins St1BR,1BA$1.04
1716 McCulloh St, Unit 21716 McCulloh StStudio ,1BA$0.88
1111 Light StreetThe Cross2BR,2BA$0.16
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
HI-1001 W Lafayette Ave1/11BR,1BA$1.13
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$0.92
Mary Harvin House1 Bedroom/1 Bath A1BR,1BA$0.98

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
Gay Street, Baltimore, MD

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including Gay Street, Baltimore, and the greater Baltimore area. 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, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Gay Street Apartments

What is a cheap apartment in Gay Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gay Street is under $900.

What is the price of a cheap apartment in Gay Street?

The cheapest apartment in Gay Street is Mary Harvin House which is listed at $683, while the average apartment in Gay Street costs $3,820.

What types of apartments are the cheapest in Gay Street?

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 240 regular apartments in Gay Street 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 Gay Street?

Cheap apartments in Gay Street have an average cost of $990 which is $2,830 cheaper than the average rent for all rentals in Gay Street.

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.

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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.

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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

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

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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.

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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.