
Cheap Apartments for Rent in the Homestead Neighborhood of Baltimore, MD from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homestead area of Baltimore.


2001 Boone St

1614 E 28th St, Unit I, Unit I

1627 N Milton Ave

2322 Aiken St

1729 N Caroline St

1627 N Milton Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2123 Sinclair Ln

Total Monthly Price
2323 Barclay St, Unit 3, Unit 3

Oak Hill Townhomes

902 Gorsuch Ave

Queen Esther Apartments

404 Venable Ave

307 E 25th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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2706 Federal St

Ednor Apartments I

600 E 38th St

2449 Barclay St

1700 N Gay St

Mary Harvin House

Columbus School Limited Partnership
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2103 Belair Rd

Oakridge Apartments

Tiffany Estates

Barclay Greenmount

North Barclay Green

1756 E North Ave

Bretton Terrace Apartments
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2821 N Calvert St
Homestead, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead Studio Apartments | $1,008 | $825 | $1,191 |
| Homestead 1 Bedroom Apartments | $1,240 | $800 | $1,600 |
| Homestead 2 Bedroom Apartments | $1,697 | $950 | $2,150 |
| Homestead 3 Bedroom Apartments | $2,795 | $1,100 | $3,500 |
| Homestead 4 Bedroom Apartments | $2,850 | $1,300 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of Baltimore, MD.
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Homestead, Baltimore, MD Local Guide
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Cheapest Available Homestead Apartments for Rent
 The cheapest available apartment rental in the Homestead area of Baltimore, MD is a Studio unit found at Oak Hill Townhomes priced from $825. Queen Esther Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Homestead apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Hill Townhomes | 0BR/1.0BA | Studio,1BA | $825 |
| Queen Esther Apartments | 2 bedroom townhome | 2BR,1BA | $950 |
| Ednor Apartments I | One Bedroom | 1BR,1BA | $1,068 |
| Clare Court | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,160 |
| City Arts 2 | Studio | Studio,1BA | $1,191 |
| Woodrow On 30th | 2BD 1BA | 2BR,1BA | $1,395 |
| 1504 Upshire Road - 8219 | 2BR/1.0BA | 2BR,1BA | $1,400 |
| Guilford Row | 3bed/3Bath | 3BR,3BA | $2,750 |
Best Value Apartments for Rent in Homestead, MD
As of May 03, 2026 the best value apartment in the Homestead area is the $1.82 price per square foot 3Bed/3Bath Outer Model at Guilford Row in the in the Inner Harbor neighborhood starting from $3,500. The second greatest value Homestead apartment is the 4BD 2BA Model at Woodrow On 30th starting at $3,600 with a $2.30 price per square foot in the Morgan State University neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Guilford Row | 3Bed/3Bath Outer | 3BR,3.5BA | $1.82 |
| Woodrow On 30th | 4BD 2BA | 4BR,2BA | $2.30 |
| 1504 Upshire Road - 8219 | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Queen Esther Apartments | 2 bedroom townhome | 2BR,1BA | $1.05 |
| City Arts 2 | Studio | Studio ,1BA | $1.75 |
| Ednor Apartments I | One Bedroom | 1BR,1BA | $1.64 |
| Clare Court | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.88 |
| 124 E Trenton St, Unit 105 | 124 E Trenton St | 1BR,1BA | $2.03 |
| Oak Hill Townhomes | 0BR/1.0BA | Studio ,1BA | $2.06 |
| 2323 Barclay St, Unit 3 | 2323 Barclay St | 1BR,1BA | $5.33 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleBeyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods
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Read ArticleQuick 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.
Best Local Schools in Homestead, Baltimore, MD
School data provided by Great Schools
Frequently Asked Questions about Cheap Homestead Apartments
What is the price of a cheap apartment in Homestead?
The cheapest apartment in Homestead is Ednor Apartments I which is listed at $1,068, while the average apartment in Homestead costs $3,600.
What types of apartments are the cheapest in Homestead?
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 20 regular apartments in Homestead 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 Homestead?
Cheap apartments in Homestead have an average cost of $1,076 which is $2,524 cheaper than the average rent for all rentals in Homestead.
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

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.

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.

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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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