Cheap Apartments for Rent in the Inner Harbor Neighborhood of Baltimore, MD from $400 (248 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 7 N Carey St

7 N Carey St

BaltimoreMD21223

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Inner Harbor, Baltimore, MD Local Guide

Cheapest Available Inner Harbor Apartments for Rent

 

The cheapest available apartment rental in the Inner Harbor area of Baltimore, MD is a 1 Bed unit found at Mary Harvin House priced from $539. Penn Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Inner Harbor apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Mary Harvin House1 bdr1BR,1BA$539
Penn Square1 bdr1BR,1BA$600
Columbus School1 bdr1BR,1BA$680
Avon0 Beds, 1 BathsStudio,1BA$725
Wheelhouse Co-Living4B1BR,1BA$822
EastView on the AvenueOne Bedroom1BR,1BA$880
Vivo Living BaltimoreThe Petite StudioStudio,1BA$899

Best Value Apartments for Rent in Inner Harbor, MD

As of July 28, 2025 the best value apartment in the Inner Harbor area is the $0.55 price per square foot 2030 Park Ave Model at 2030 Park Ave, Unit #1 in the in the Inner Harbor neighborhood starting from $1,900. The second greatest value Inner Harbor apartment is the 1BR/1.0BA Model at Calvert Property starting at $1,299 with a $1.00 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Inner Harbor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2030 Park Ave, Unit #12030 Park Ave2BR,1BA$0.55
Calvert Property1BR/1.0BA1BR,1BA$1.00
2254 Annapolis Rd, Unit 22254 Annapolis Rd1BR,1BA$0.67
500 W - Located on the UMB Campus!Lombard3BR,2BA$1.13
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80
Bon Secours1 Bedroom1BR,1BA$1.11
Columbus School1 bdr1BR,1BA$0.87
Mary Harvin House1 bdr1BR,1BA$0.78

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Inner Harbor, Baltimore, MD

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Inner Harbor, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Baltimore. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Inner Harbor Neighborhood in Baltimore, MD

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

98 / 100

Rider’s Paradise

World-class public transportation

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Inner Harbor Apartments

What is a cheap apartment in Inner Harbor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Inner Harbor is under $899.

What is the price of a cheap apartment in Inner Harbor?

The cheapest apartment in Inner Harbor is Mary Harvin House which is listed at $539, while the average apartment in Inner Harbor costs $2,518.

What types of apartments are the cheapest in Inner Harbor?

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 149 regular apartments in Inner Harbor 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 Inner Harbor?

Cheap apartments in Inner Harbor have an average cost of $472 which is $2,046 cheaper than the average rent for all rentals in Inner Harbor.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.