Cheap Apartments for Rent in the Historic Baltimore Neighborhood of Baltimore, MD from $500 (97 Rentals)

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

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property at 301 W Franklin St

$1,300 - $1,650

Studio To 1 Bedroom Rentals

Available Now

301 W Franklin St

BaltimoreMD21201

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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Mulberry Court
Studio to 2 Bedroom Apartments

Mulberry Court

401 N Eutaw StBaltimore, MD 21201
  • Utilities Included
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East of Eager
Studio to 2 Bedroom Apartments

East of Eager

7 E Eager StBaltimore, MD 21202
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15 E Eager Street
Studio Apartments

15 E Eager Street

15 E Eager StBaltimore, MD 21202
  • Utilities Included
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912 Saint Paul St
1 to 2 Bedroom Apartments

912 Saint Paul St

912 Saint Paul StBaltimore, MD 21202
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Avon
Studio to 2 Bedroom Apartments

Avon

6 E Read StBaltimore, MD 21202
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Flats of Saint Paul
Studio to 2 Bedroom Apartments

Flats of Saint Paul

906 St Paul StBaltimore, MD 21202

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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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
Avon1 Beds, 1 Baths1BR,1BA$950
Live 501S1AStudio,1BA$970
Mulberry at ParkOne Bedroom1BR,1BA$1,009
500 W Fayette St.Lexington7BR,4BA$1,032
St James PlaceNoraStudio,1BA$1,080
611 Park AvenueStudio StandardStudio,1BA$1,095
300 W. Fayette Street0BR/1.0BAStudio,1BA$1,095

Best Value Apartments for Rent in Historic Baltimore, MD

As of February 15, 2026 the best value apartment in the Historic Baltimore area is the $1.08 price per square foot 836 Park Ave Model at 836 Park Ave, Unit #A in the in the Inner Harbor neighborhood starting from $3,200. The second greatest value Historic Baltimore apartment is the Sycamore Model at The Redwood Apartments starting at $2,051 with a $1.82 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.
836 Park Ave, Unit #A836 Park Ave2BR,2.5BA$1.08
The Redwood ApartmentsSycamore2BR,2BA$1.82
222 SaratogaMarylander1BR,1BA$1.40
19 E Fayette StOne Bedroom1BR,1BA$1.33
Mulberry at ParkThree Bedroom3BR,2BA$1.46
Chesapeake Commons1x11BR,1BA$1.84
The Atrium1Bedroom 1Bathroom1BR,1BA$1.72
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74
Marlboro Classic Apt & Redwood SquareRedwood - StudioStudio ,1BA$1.82
22 LightOne Bedroom1BR,1BA$1.44

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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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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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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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!

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 $1,095.

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 $3,712.

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 189 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 $1,244 which is $2,468 cheaper than the average rent for all rentals in Historic Baltimore.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.