Cheap Apartments for Rent in the Homewood Neighborhood of Baltimore, MD from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Homewood area of Baltimore.

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.

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Ambassador Apartments
Studio to 2 Bedroom Apartments

Ambassador Apartments

3811 Canterbury RdBaltimore, MD 21218
  • Utilities Included
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University West
1 to 4 Bedroom Apartments

University West

104-106 W University PkyBaltimore, MD 21210
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The Allston
Studio to 3 Bedroom Apartments

The Allston

3111 N Charles StBaltimore, MD 21218
  • Utilities Included

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.

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3002 Saint Paul St
Studio to 2 Bedroom Apartments

3002 Saint Paul St

3002 Saint Paul StBaltimore, MD 21218
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Eden Hall
2 Bedroom Apartments

Eden Hall

3401 GreenwayBaltimore, MD 21218

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Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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2929 N Charles St
1 Bedroom Apartments

2929 N Charles St

2929 N Charles StBaltimore, MD 21218
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Moon Palace
Studio to 2 Bedroom Apartments

Moon Palace

4-6 E 30th StBaltimore, MD 21218
  • Utilities Included

Homewood, Baltimore, MD Local Guide

Cheapest Available Homewood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Wyman Towers1BR/1.0BA1BR,1BA$1,440
Carolina Apartments1BR/1.0BA1BR,1BA$1,525

Best Value Apartments for Rent in Homewood, MD

As of September 10, 2025 the best value apartment in the Homewood area is the $1.44 price per square foot D1 Model at The Academy on Charles in the in the Mid-Govans neighborhood starting from $1,560. The second greatest value Homewood apartment is the 2BR/1.0BA Model at Wyman Towers starting at $1,775 with a $1.69 price per square foot in the Morgan State University neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Academy on CharlesD14BR,4BA$1.44
Wyman Towers2BR/1.0BA2BR,1BA$1.69
Nine East 33rd2x22BR,2BA$3.40
Carolina Apartments1BR/1.0BA1BR,1BA$2.54
314 W 31st St, Unit B314 W 31st StStudio ,1BA$1.98

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Pet Friendly Lifestyle

Ranked #

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Getting Around the Homewood Neighborhood in Baltimore, MD

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Homewood Apartments

How much is rent for a Cheap One Bedroom Homewood Apartment?

The lowest price for a Cheap One Bedroom Homewood Apartment is $1,440 at Wyman Towers.

What is the lowest price for a Cheap Two Bedroom Homewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Homewood is starting from $1,740 at Wyman Towers.

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.

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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.