
Cheap Apartments for Rent in the Homewood Neighborhood of Baltimore, MD from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homewood area of Baltimore.


The Broadview Apartments

Saint Paul Courts

The Baltimorean Apartments

Guilford Manor

Jefferson House Apartments
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.

Carolina Apartments

3501 N Charles St, Unit 3A

3026 Saint Paul St

3002 Saint Paul St

Eden Hall

2929 N Charles St
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.

Charles Commons Residence Hall

2936 Saint Paul St

University West

Ambassador Apartments

100 West University Apartments

The Allston
Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers
Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

The Charles Apartments

Moon Palace
Homewood, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Homewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood Studio Apartments | $1,313 | $895 | $2,693 |
| Homewood 1 Bedroom Apartments | $1,582 | $995 | $2,449 |
| Homewood 2 Bedroom Apartments | $1,976 | $1,300 | $2,516 |
| Homewood 3 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Homewood Neighborhood of Baltimore, MD.
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Cheapest Available Homewood Apartments for Rent
 The cheapest available apartment rental in the Homewood area of Baltimore, MD is a Studio unit found at The Baltimorean Apartments priced from $1,150. Jefferson House Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,155. Here are the most affordable Homewood apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Baltimorean Apartments | Studio | Studio,1BA | $1,150 |
| Jefferson House Apartments | Efficiency Renovated 1 | Studio,1BA | $1,155 |
| Wyman Towers | 1BR/1.0BA | 1BR,1BA | $1,450 |
| Carolina Apartments | 1BR/1.0BA | 1BR,1BA | $1,525 |
| University West | 3bd/2ba Main Level FP 14 | 3BR,2BA | $3,439 |
Best Value Apartments for Rent in Homewood, MD
As of January 26, 2026 the best value apartment in the Homewood area is the $3.14 price per square foot 3bd/2ba Main Level FP 14 Model at University West in the in the Mid-Govans neighborhood starting from $3,439. The second greatest value Homewood apartment is the D1 Model at The Academy on Charles starting at $1,560 with a $1.44 price per square foot in the Mid-Govans neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University West | 3bd/2ba Main Level FP 14 | 3BR,2BA | $3.14 |
| The Academy on Charles | D1 | 4BR,4BA | $1.44 |
| Wyman Towers | 2BR/1.0BA | 2BR,1BA | $1.93 |
| 3501 N Charles St, Unit 3A | 3501 N Charles St | 1BR,1BA | $1.31 |
| Carolina Apartments | 1BR/1.0BA | 1BR,1BA | $2.54 |
| The Baltimorean Apartments | Studio | Studio ,1BA | $3.94 |
| Jefferson House Apartments | Efficiency Renovated 1 | Studio ,1BA | $4.44 |
Frequently Asked Questions about Cheap Homewood Apartments
What is a cheap apartment in Homewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homewood is under $3,439.
What is the price of a cheap apartment in Homewood?
The cheapest apartment in Homewood is Wyman Towers which is listed at $1,450, while the average apartment in Homewood costs $2,500.
What types of apartments are the cheapest in Homewood?
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 13 regular apartments in Homewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.