Cheap Homes for Rent in Inner Harbor Neighborhood of Baltimore, MD from $400 (117 Rentals)

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

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

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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.

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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 $563. 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$563
Penn Square1 bdr1BR,1BA$600
Avon0 Beds, 1 BathsStudio,1BA$675
Columbus School1 bdr1BR,1BA$720
Wheelhouse Co-Living4B1BR,1BA$822
EastView on the AvenueOne Bedroom1BR,1BA$880
Vivo Living BaltimoreThe Petite StudioStudio,1BA$891
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
Linden Park Apartments (Seniors 62+)StudioStudio,1BA$983

Best Value Apartments for Rent in Inner Harbor, MD

As of August 14, 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 2 Bedroom 2.5 Bath Model at The Railway Express Loft Apartments starting at $2,250 with a $1.18 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
The Railway Express Loft Apartments2 Bedroom 2.5 Bath2BR,2.5BA$1.18
Prosper On FayetteThe Belvedere4BR,4BA$0.88
Calvert Property1BR/1.0BA1BR,1BA$1.00
2314 Eutaw Pl, Unit 32314 Eutaw Pl3BR,1BA$1.08
Ashland CommonsTwo-Bedroom2BR,2BA$1.14
Penn Square2 bdr2BR,1BA$0.80
Printers Square Apartments1 Bedroom1BR,1BA$1.16
Columbus School1 bdr1BR,1BA$0.92
Mary Harvin House1 bdr1BR,1BA$0.81

Quick Rent Budget Calculator

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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.

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Frequently Asked Questions about Inner Harbor

What type of rentals are currently available in Inner Harbor?

There are currently 1389 Apartments for Rent in Inner Harbor, MD with pricing that ranges from $745 to $9,090. There are also 539 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inner Harbor ranging from $475 to $35,000.

What is the current price range for Rental Homes in Inner Harbor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Inner Harbor ranges from $475 to $35,000 with an average monthly rent of $6,202.

How much are larger Three and Four Bedroom Rentals in Inner Harbor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Inner Harbor range from $975 to $5,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $7,000. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $1,175.

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 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.