Cheap Homes for Rent in Baltimore, MD from $550 (336 Rentals)

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

property at 503 N Lakewood Ave
$550 - $800

Total Monthly Price

Base Rent$550 - $800

Total Monthly Price$550 - $800
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

503 N Lakewood Ave

BaltimoreMD21205
property at 509 Mosher St
$550 - $1,300

Total Monthly Price

Base Rent$550 - $1,300

Total Monthly Price$550 - $1,300
1 To 3 Bedroom Homes for Rent
Available Now
Affordability

509 Mosher St

BaltimoreMD21217
  • Smoke Free
property at 427 S Augusta Ave
$600 - $850
1 Bedroom Rentals
Available Now
Affordability

427 S Augusta Ave

BaltimoreMD21229
  • Smoke Free

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

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property at 1614 E 28th St
$650 - $795

Total Monthly Price

Base Rent$650 - $795

Total Monthly Price$650 - $795
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

1614 E 28th St

BaltimoreMD21218
  • Smoke Free
property at 511 N Pulaski St
$650 - $900
1 Bedroom Rentals
Available Now
Affordability

511 N Pulaski St

BaltimoreMD21223
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 708 N Madeira St
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

708 N Madeira St

BaltimoreMD21205
property at 219 Penn St
$720 - $850

Total Monthly Price

Base Rent$720 - $850

Total Monthly Price$720 - $850
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

219 Penn St

BaltimoreMD21230
  • Smoke Free

Baltimore's Best Affordable Neighborhoods

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

property at 646 W Conway St
$750 - $765

Total Monthly Price

Base Rent$750 - $765

Total Monthly Price$750 - $765
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

646 W Conway St

BaltimoreMD21230
  • Smoke Free
property at 2926 E Fayette St
$750 - $2,650

Total Monthly Price

Base Rent$750 - $2,650

Total Monthly Price$750 - $2,650
1 To 5 Bedroom Townhomes for Rent
Available Now
Cost Per Sq.Ft.

2926 E Fayette St

BaltimoreMD21224

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.

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.

Baltimore, MD Local Guide

Cheapest Neighborhoods for Apartments in Baltimore, MD

Pricing Updated: 09/07/2026

Current apartment rentals in the Baltimore, MD area range in price from $550 to $13,808 with an overall median price of $1,762. The three Baltimore neighborhoods with the lowest median rent pricing are Brooklyn at $1,000, Upton at $1,065, and Bridgeview at $1,075. 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$1,000$55012
Upton$1,065$65015
Bridgeview$1,075$55058
Panway$1,135$70046
Dolfield$1,200$55036
Northwest Baltimore$1,200$55033
Jacobsville Bayside Beach$1,200$1,2001
Keniworth Park$1,225$80054
Parkside$1,225$55085
Gwynns Falls$1,233$550171

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. 837 North Fulton Avenue 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 Bedroom/1 Bath A1BR,1BA$575
837 North Fulton Avenue1BR/0.5BA1BR,$600
Penn Square I1 Bedroom/1 Bath C1BR,1BA$600
Park View at WoodlawnOne-Bedroom1BR,1BA$605
The Hammond at Greenmount Park1 Bedroom1BR,1BA$634
Lansdowne Gardens2 Bedroom2BR,1BA$655
Parkside Gardens Apartments and TownhousesStudio apartmentStudio,1BA$695
Maiden Choice ApartmentsStudioStudio,1BA$700
North Avenue Gateway II1 Bedroom/1 Bath C1BR,1BA$745

Best Value Apartments for Rent in Baltimore, MD

As of September 07, 2026 the best value apartment in the Baltimore area is the $0.57 price per square foot Three Bedroom Model at Riverfront in the in the South Baltimore neighborhood starting from $1,167. The second greatest value Baltimore apartment is the 1038 S Charles St Model at 1038 S Charles St, Unit 1038 starting at $1,600 with a $0.89 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.
RiverfrontThree Bedroom3BR,2BA$0.57
1038 S Charles St, Unit 10381038 S Charles St2BR,2BA$0.89
3001 Lawina Rd, Unit 13001 Lawina Rd2BR,1BA$0.97
300 S Gilmor St, Unit 2300 S Gilmor St3BR,2BA$0.95
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Maiden Choice ApartmentsStudioStudio ,1BA$0.74
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$0.87
3306 Auchentoroly Ter, Unit 33306 Auchentoroly Ter2BR,1BA$0.96
Mary Harvin House1 Bedroom/1 Bath A1BR,1BA$0.83
Park View at WoodlawnOne-Bedroom1BR,1BA$0.99

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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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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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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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 2987 Apartments for Rent in Baltimore, MD with pricing that ranges from $550 to $9,491. There are also 1352 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baltimore ranging from $550 to $10,000.

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 $550 to $10,000 with an average monthly rent of $2,077.

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 $9,491, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $5,300. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $909.

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.

decorative image for Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

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.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.