Cheap Homes for Rent in Baltimore, MD from $400 (372 Rentals)

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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

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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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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Baltimore, MD Local Guide

Cheapest Neighborhoods for Apartments in Baltimore, MD

Pricing Updated: 01/22/2026

Current apartment rentals in the Baltimore, MD area range in price from $489 to $19,040 with an overall median price of $2,699. The three Baltimore neighborhoods with the lowest median rent pricing are Brooklyn at $550, Keniworth Park at $850, and Panway at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Baltimore Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Brooklyn$1,300$55039
Keniworth Park$1,360$850115
Panway$1,407$65038
Bridgeview$1,418$60036
Graceland Park$1,450$90023
Cedmont$1,452$69591
Moores Run Park$1,452$69581
Rosemont Avenue$1,459$751101
Cedonia$1,471$69571
Rosemont East$1,472$751110

Cheapest Available Baltimore Apartments for Rent

 

The cheapest available apartment rental in Baltimore, MD is a 1 Bed unit found at Greens at Irvington Mews 2 in the Violetville neighborhood priced from $533. Park Heights Place in the Northwest Baltimore neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $579. Here is today’s list of the most affordable Baltimore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greens at Irvington Mews 21 Bedroom1BR,1BA$533
Park Heights PlaceOne Bedroom1BR,1BA$579
Penn Square1 bdr1BR,1BA$600
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$695
Park TerraceStudioStudio,1BA$700
Maiden Choice ApartmentsStudioStudio,1BA$700
North Avenue Gateway II1 bdr1BR,1BA$745
North Avenue Gateway2 bdr2BR,1BA$749
Oak Hill TownhomesStudio ApartmentStudio,1BA$750

Best Value Apartments for Rent in Baltimore, MD

As of January 23, 2026 the best value apartment in the Baltimore area is the $1.03 price per square foot 836 Park Ave Model at 836 Park Ave, Unit Unit #A in the in the Inner Harbor neighborhood starting from $3,050. The second greatest value Baltimore apartment is the 2026 Druid Hill Ave Model at 2026 Druid Hill Ave, Unit Unit 2 starting at $2,100 with a $0.91 price per square foot in the Inner Harbor 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.
836 Park Ave, Unit Unit #A836 Park Ave2BR,2.5BA$1.03
2026 Druid Hill Ave, Unit Unit 22026 Druid Hill Ave3BR,3BA$0.91
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
North Avenue Gateway2 bdr2BR,1BA$0.75
1015 N Calvert St1 Bedroom1BR,1BA$0.95
Penn Square2 bdr2BR,1BA$0.80
Maiden Choice ApartmentsStudioStudio ,1BA$0.74
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74
Park Heights PlaceOne Bedroom1BR,1BA$1.00

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

Explore Baltimore, MD Rentals by Map

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See the most popular apartments and homes in Baltimore, MD

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Frequently Asked Questions about Baltimore

What type of rentals are currently available in Baltimore?

There are currently 2890 Apartments for Rent in Baltimore, MD with pricing that ranges from $533 to $7,500. There are also 1510 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baltimore ranging from $450 to $12,500.

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 $450 to $12,500 with an average monthly rent of $2,794.

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 $6,660, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $8,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $595.

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.

Articles, How-To's, and Tips

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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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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.