Cheap Homes for Rent in Baltimore, MD from $500 (385 Rentals)

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property at 2226 Annapolis Rd

2226 Annapolis Rd

BaltimoreMD21230
Showing Results 1-50, Page 1 of 8

Baltimore, MD Local Guide

Cheapest Neighborhoods for Apartments in Baltimore, MD

Pricing Updated: 09/08/2025

Current apartment rentals in the Baltimore, MD area range in price from $360 to $8,371 with an overall median price of $2,733. The three Baltimore neighborhoods with the lowest median rent pricing are Powder Mill Park at $995, Panway at $700, and Lauraville at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Baltimore Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Powder Mill Park$1,349$9958
Panway$1,396$70029
Lauraville$1,460$695135
Coppin Heights$1,472$700203
Parkside$1,484$57589
Herring Run Park$1,485$575108
Keniworth Park$1,500$84352
Wilson Heights$1,500$695125
Morrell Park$1,510$750133
Shipley Hill$1,517$750180

Cheapest Available Baltimore Apartments for Rent

 

The cheapest available apartment rental in Baltimore, MD is a 1 Bed unit found at Mary Harvin House in the Inner Harbor neighborhood priced from $575. Penn Square in the Inner Harbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Baltimore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Harvin House1 bdr1BR,1BA$575
Penn Square1 bdr1BR,1BA$600
Portside Apartments1A1BR,1BA$683
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$695
Columbus School1 bdr1BR,1BA$701
North Avenue Gateway2 bdr2BR,1BA$749
Gardenvillage Apartments & Townhouses1 bedroom Junior1BR,1BA$751
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$765
Wheelhouse Co-Living3A1BR,1BA$772

Best Value Apartments for Rent in Baltimore, MD

As of September 08, 2025 the best value apartment in the Baltimore area is the $0.73 price per square foot The Hall Model at The Hamlet Lofts in the in the Canton neighborhood starting from $2,850. The second greatest value Baltimore apartment is the 3213 Dorchester Rd Model at 3213 Dorchester Rd, Unit 2 starting at $1,500 with a $0.56 price per square foot in the Burleith-Leighton neighborhood. Here is today’s list of the best values for Baltimore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Hamlet LoftsThe Hall3BR,2BA$0.73
3213 Dorchester Rd, Unit 23213 Dorchester Rd2BR,1BA$0.56
1723 Hall Ave, Unit B1723 Hall Ave2BR,1BA$0.59
4217 Audrey Ave, Unit 14217 Audrey Ave1BR,1BA$0.77
3907 8th St, Unit B3907 8th St2BR,1BA$0.83
5023 Queensberry Ave, Unit Shared home5023 Queensberry Ave4BR,2BA$0.61
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
North Avenue Gateway2 bdr2BR,1BA$0.75
Penn Square2 bdr2BR,1BA$0.80
Mary Harvin House1 bdr1BR,1BA$0.83

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Baltimore, MD
Population: 602,495

Ranked #30

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Baltimore

What type of rentals are currently available in Baltimore?

There are currently 2857 Apartments for Rent in Baltimore, MD with pricing that ranges from $575 to $8,000. There are also 1282 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baltimore ranging from $550 to $10,500.

What is the current price range for Rental Homes in Baltimore?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Baltimore ranges from $550 to $10,500 with an average monthly rent of $2,625.

How much are larger Three and Four Bedroom Rentals in Baltimore?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Baltimore range from $1,020 to $6,263, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $8,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $850.

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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.