Cheap Apartments for Rent in the Inner Harbor Neighborhood of Baltimore, MD from $400 (300 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 817 St Paul St

817 St Paul St

BaltimoreMD21202

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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 $575. 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$575
Penn Square1 bdr1BR,1BA$600
Columbus School1 bdr1BR,1BA$662
St Paul St 8170BR/1.0BAStudio,1BA$745
Wheelhouse Co-Living4B1BR,1BA$822
Cathedral St 300Studio ApartmentStudio,1BA$849
Avon1 Beds, 1 Baths1BR,1BA$875

Best Value Apartments for Rent in Inner Harbor, MD

As of June 13, 2025 the best value apartment in the Inner Harbor area is the $0.92 price per square foot 1038 S Charles St Model at 1038 S Charles St, Unit 1 in the in the Inner Harbor neighborhood starting from $1,650. The second greatest value Inner Harbor apartment is the Camden Model at 500 W - Located on the UMB Campus! starting at $1,104 with a $0.76 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.
1038 S Charles St, Unit 11038 S Charles St2BR,2BA$0.92
500 W - Located on the UMB Campus!Camden4BR,2BA$0.76
2254 Annapolis Rd, Unit 22254 Annapolis Rd1BR,1BA$0.67
1721 McCulloh St, Unit 31721 McCulloh St1BR,1BA$0.85
832 N Carey St, Unit 2832 N Carey St1BR,1BA$0.88
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80
Columbus School1 bdr1BR,1BA$0.84
Mary Harvin House1 bdr1BR,1BA$0.83

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Inner Harbor, Baltimore, MD

Ranked #21

Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

Frequently Asked Questions about Cheap Inner Harbor Apartments

What is the Cheapest Studio apartment in Inner Harbor?

Currently the most affordable Cheap Studio Apartment in Inner Harbor is at St Paul St 817 listed at $745.

How much is rent for a Cheap One Bedroom Inner Harbor Apartment?

The lowest price for a Cheap One Bedroom Inner Harbor Apartment is $575 at Mary Harvin House.

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

Today's best deal for a Cheap Two Bedroom Apartment in Inner Harbor is starting from $768 at Penn Square.

What is the most affordable Inner Harbor Three Bedroom Apartment?

The best deal on a cheap Inner Harbor Three Bedroom Apartment rental is at Penn Square and starts from $915.

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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.