Cheap Homes for Rent in Baltimore, MD from $400 (320 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Baltimore.

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
property at 713 Biddle Rd

713 Biddle Rd

Glen BurnieMD21060

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

Read Article
Showing Results 1-50, Page 1 of 7

Baltimore, MD Local Guide

Cheapest Neighborhoods for Apartments in Baltimore, MD

Pricing Updated: 07/24/2025

Current apartment rentals in the Baltimore, MD area range in price from $360 to $12,823 with an overall median price of $2,678. The three Baltimore neighborhoods with the lowest median rent pricing are Panway at $650, Powder Mill Park at $995, and Parkside 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
Panway$1,250$65022
Powder Mill Park$1,389$9959
Parkside$1,473$69592
Wilson Heights$1,481$695136
Herring Run Park$1,484$695117
Belair Parkside$1,485$695149
East Baltimore$1,485$84532
Arcadia$1,500$695147
Cedmont$1,514$695113
Rosemont East$1,516$700137

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
Columbus School1 bdr1BR,1BA$680
Portside Apartments1A1BR,1BA$683
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$695
Midtown at Coppin HeightsTwo Bed2BR,1BA$697
Avon0 Beds, 1 BathsStudio,1BA$725
Gardenvillage Apartments & Townhouses1 bedroom Junior1BR,1BA$751
North Avenue Gateway II2 bdr2BR,1BA$751
Goodnow Hill and Franconia Apartments1 bedroom Junior apartment1BR,1BA$765

Best Value Apartments for Rent in Baltimore, MD

As of July 24, 2025 the best value apartment in the Baltimore area is the $0.55 price per square foot 2030 Park Ave Model at 2030 Park Ave, Unit #1 in the in the Inner Harbor neighborhood starting from $1,900. The second greatest value Baltimore apartment is the 1723 Hall Ave Model at 1723 Hall Ave, Unit B starting at $1,249 with a $0.59 price per square foot in the South Baltimore 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.
2030 Park Ave, Unit #12030 Park Ave2BR,1BA$0.55
1723 Hall Ave, Unit B1723 Hall Ave2BR,1BA$0.59
RiverfrontThree Bedroom3BR,2BA$0.57
4217 Audrey Ave, Unit 14217 Audrey Ave1BR,1BA$0.77
2254 Annapolis Rd, Unit 22254 Annapolis Rd1BR,1BA$0.67
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80
North Avenue Gateway II2 bdr2BR,1BA$0.81
Mary Harvin House1 bdr1BR,1BA$0.83

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Baltimore

What type of rentals are currently available in Baltimore?

There are currently 2882 Apartments for Rent in Baltimore, MD with pricing that ranges from $650 to $7,500. There are also 1283 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baltimore ranging from $450 to $35,000.

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 $35,000 with an average monthly rent of $2,923.

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 $806 to $6,110, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $7,900. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $983.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.