Cheap Apartments for Rent in the Historic Baltimore Neighborhood of Baltimore, MD from $600 (110 Rentals)

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

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property at 319 W Franklin St

319 W Franklin St

BaltimoreMD21201

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Historic Baltimore, Baltimore, MD Local Guide

Cheapest Available Historic Baltimore Apartments for Rent

 

The cheapest available apartment rental in the Historic Baltimore area of Baltimore, MD is a 1 Bed unit found at 22 Light priced from $915. Saint Paul Regency has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Historic Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
22 LightOne Bedroom1BR,1BA$915
Saint Paul RegencyStudio apartmentStudio,1BA$925
1015 N Calvert St1 Bedroom1BR,1BA$950
Live 501SLS / 296Studio,1BA$970
611 Park AvenueStudio StandardStudio,1BA$999
Howard Row0BR/1.0BAStudio,1BA$999
Mulberry at ParkOne Bedroom1BR,1BA$1,009
500 W - Located on the UMB Campus!Lexington7BR,4BA$1,032
St Paul St 8172BR/1.0BA2BR,1BA$1,049

Best Value Apartments for Rent in Historic Baltimore, MD

As of November 02, 2025 the best value apartment in the Historic Baltimore area is the $1.06 price per square foot Unit 6 Model at 407 N Charles St in the in the Inner Harbor neighborhood starting from $2,200. The second greatest value Historic Baltimore apartment is the 2BR/2.0BA Model at Multi-Family Lofts Units starting at $2,000 with a $1.00 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Historic Baltimore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
407 N Charles StUnit 64BR,3.5BA$1.06
Multi-Family Lofts Units2BR/2.0BA2BR,2BA$1.00
800 Cathedral St2BR/2BA Apt2BR,2BA$1.60
1015 N Calvert St1 Bedroom1BR,1BA$0.95
500 W - Located on the UMB Campus!4BR/2.0BA4BR,2BA$1.57
920 N Calvert St1 bed, 1.5 bath1BR,1.5BA$1.59
St Paul St 8172BR/1.0BA2BR,1BA$1.31
816 E Baltimore St, Unit 2816 E Baltimore StStudio ,1BA$1.06
Howard Row0BR/1.0BAStudio ,1BA$1.47
22 LightOne Bedroom1BR,1BA$1.44

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

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Quick Rent Budget Calculator

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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Historic Baltimore, Baltimore, and the greater Baltimore area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Historic Baltimore Neighborhood in Baltimore, MD

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

100 / 100

Rider’s Paradise

World-class public transportation

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 Historic Baltimore Apartments

What is a cheap apartment in Historic Baltimore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Baltimore is under $1,049.

What is the price of a cheap apartment in Historic Baltimore?

The cheapest apartment in Historic Baltimore is 22 Light which is listed at $915, while the average apartment in Historic Baltimore costs $2,287.

What types of apartments are the cheapest in Historic Baltimore?

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 191 regular apartments in Historic Baltimore 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 Historic Baltimore?

Cheap apartments in Historic Baltimore have an average cost of $1,153 which is $1,134 cheaper than the average rent for all rentals in Historic Baltimore.

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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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.