Cheap Apartments for Rent in the Historic Baltimore Neighborhood of Baltimore, MD from $600 (144 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 415 St Paul St

$1,200 - $1,400

1 To 2 Bedroom Rentals

Available Now

415 St Paul St

BaltimoreMD21202

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property at 414 Water St

$1,500 - $2,800

1 To 2 Bedroom Rentals

Available Now

414 Water St

BaltimoreMD21202

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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225 N Calvert
Rent Specials
$1,515 - $2,942
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $2,942
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

225 N Calvert

225 N Calvert StBaltimore, MD 21202
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L on Liberty
1 to 3 Bedroom Apartments

L on Liberty

216 N Liberty StBaltimore, MD 21201

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 3 Beds unit found at Mulberry at Park priced from $739. 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
Mulberry at ParkThree Bedroom3BR,2BA$739
Saint Paul RegencyStudio apartmentStudio,1BA$925
Avon1 Beds, 1 Baths1BR,1BA$925
St James PlaceStellaStudio,1BA$952
9 East Read Street - 80980BR/1.0BAStudio,1BA$975
Live 501S1AStudio,1BA$995
107 W Monument StStudioStudio,1BA$1,000
The Billiethe AprilStudio,1BA$1,000
Phoenix on ParkStudio + Den - OrioleStudio,1BA$1,050
811 Park Ave1 Beds, 1 Baths1BR,1BA$1,050

Best Value Apartments for Rent in Historic Baltimore, MD

As of August 20, 2026 the best value apartment in the Historic Baltimore area is the $1.04 price per square foot Unit 401 Model at The Brown's Loft in the in the Inner Harbor neighborhood starting from $1,590. The second greatest value Historic Baltimore apartment is the Willow Model at The Redwood Apartments starting at $2,001 with a $1.75 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.
The Brown's LoftUnit 4012BR,1.5BA$1.04
The Redwood ApartmentsWillow2BR,2BA$1.75
300 W Fayette St2BR/1.0BA2BR,1BA$1.65
226 W Monument St2 Beds, 1 Baths2BR,1BA$1.26
Landmark2 BEDROOM2BR,1BA$1.83
Franklin Lofts & Flats2 Bedroom, 2 Bathroom2BR,2BA$1.80
Chesapeake Commons1x11BR,1BA$1.56
Mulberry at ParkOne Bedroom1BR,1BA$1.19
107 W Monument StStudioStudio ,1BA$1.54
9 East Read Street - 80980BR/1.0BAStudio ,1BA$1.95

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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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 $1,050.

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

The cheapest apartment in Historic Baltimore is Avon which is listed at $925, while the average apartment in Historic Baltimore costs $1,464.

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 $977 which is $487 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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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.

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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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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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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