
Cheap Homes for Rent in Homestead Neighborhood of Baltimore, MD from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Homestead area of Baltimore.


2001 Boone St

2103 Belair Rd

1614 E 28th St, Unit I, Unit I

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.

2322 Aiken St

2123 Sinclair Ln

1729 N Caroline St

1627 N Milton Ave

2103 Belair Rd
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.

902 Gorsuch Ave

2045 E 31st St

404 Venable Ave

3305 Westerwald Ave

1756 E North Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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600 E 38th St
Homestead, Baltimore, MD Local Guide

How much does it cost to rent a home in Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead 2 Bedroom Homes for Rent | $1,684 | $1,185 | $2,400 |
| Homestead 3 Bedroom Homes for Rent | $1,867 | $1,275 | $3,300 |
| Homestead 4 Bedroom Homes for Rent | $2,243 | $1,800 | $2,800 |
| Homestead 5 Bedroom Homes for Rent | $2,793 | $895 | $3,980 |
| Homestead 6 Bedroom Homes for Rent | $3,150 | $2,500 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 1 Bed unit found at Columbus School Limited Partnership priced from $720. Oak Hill Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Homestead apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Columbus School Limited Partnership | 1 Bedroom/1 Bath J | 1BR,1BA | $720 |
| 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 |
Best Value Apartments for Rent in Homestead, MD
As of May 08, 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 |
| Columbus School Limited Partnership | 1 Bedroom/1 Bath J | 1BR,1BA | $0.92 |
| 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 |
| Oak Hill Townhomes | 0BR/1.0BA | Studio ,1BA | $2.06 |
| 2323 Barclay St, Unit 3 | 2323 Barclay St | 1BR,1BA | $5.33 |
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.
Read ArticleBeyond 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.
Read ArticleReal 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.
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 Homestead
What type of rentals are currently available in Homestead?
There are currently 114 Apartments for Rent in Homestead, MD with pricing that ranges from $800 to $3,600. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead ranging from $550 to $3,980.
What is the current price range for Rental Homes in Homestead?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homestead ranges from $550 to $3,980 with an average monthly rent of $2,108.
How much are larger Three and Four Bedroom Rentals in Homestead?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homestead range from $1,100 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,300.
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
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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.

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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 is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.