Cheap Apartments for Rent in the Lake Walker Neighborhood of Baltimore, MD from $700 (64 Rentals)

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

property at 518 Tunbridge Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 2 Bath Home for Rent

Available Now

518 Tunbridge Rd

BaltimoreMD21212

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1511 Woodbourne Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

4 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

1511 Woodbourne Ave

BaltimoreMD21239

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Lothian Apartments
Studio to 2 Bedroom Apartments

Lothian Apartments

5543 Lothian RdBaltimore, MD 21212
Corporate Housing
  • Utilities Included
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Marble Hall Gardens
1 to 2 Bedroom Apartments

Marble Hall Gardens

4430 Marble Hall RdBaltimore, MD 21218
  • Utilities Included

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.

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Lake Walker, Baltimore, MD Local Guide

Cheapest Available Lake Walker Apartments for Rent

 

The cheapest available apartment rental in the Lake Walker area of Baltimore, MD is a Studio unit found at Winston Apartments priced from $1,014. Barclay Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,064. Here are the most affordable Lake Walker apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Winston ApartmentsStudio 1 Bath - The AlamedaStudio,1BA$1,014
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1,064
Kensington Gate ApartmentsStudioStudio,1BA$1,069
Hillendale Gate Apartments1BR/1BA Hillendale Gate1BR,1BA$1,106
Loch Raven Village ApartmentsLarge One Bedroom- Classic1BR,1BA$1,115
Falls Court Apartments1BR/1BA Plus1BR,1BA$1,145
Enclave at Mount Pleasant1 Bedroom 1 Bathroom R1BR,1BA$1,148

Best Value Apartments for Rent in Lake Walker, MD

As of May 13, 2026 the best value apartment in the Lake Walker area is the $1.45 price per square foot 2 BED / 2 BATH Model at Melrose Apartments in the in the Mid-Govans neighborhood starting from $2,545. The second greatest value Lake Walker apartment is the 3 Bed, 1 Bath Townhome Model at Pleasantview starting at $1,399 with a $1.38 price per square foot in the Lake Walker neighborhood. Here is today’s list of the best values for Lake Walker apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Melrose Apartments2 BED / 2 BATH2BR,2BA$1.45
Pleasantview3 Bed, 1 Bath Townhome3BR,1BA$1.38
Brooke Court Apartments2 Bedroom2BR,2BA$1.15
4608 York Rd, Unit 24608 York Rd2BR,1BA$1.25
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$1.36
4654 York Rd, Unit 24654 York Rd1BR,1BA$1.17
Winston Court Apartments2BR/1.0BA2BR,1BA$1.40
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1.48
1005 Cedarcroft Rd, Unit Cedarcroft Apt #21005 Cedarcroft Rd1BR,1BA$1.57
Lochwood ApartmentsThe Parkview1BR,1BA$1.63

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Lake Walker, Baltimore, MD

School data provided by Great Schools

Frequently Asked Questions about Cheap Lake Walker Apartments

What is a cheap apartment in Lake Walker?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Walker is under $1,148.

What is the price of a cheap apartment in Lake Walker?

The cheapest apartment in Lake Walker is Lochwood Apartments which is listed at $1,045, while the average apartment in Lake Walker costs $2,178.

What types of apartments are the cheapest in Lake Walker?

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 61 regular apartments in Lake Walker 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 Lake Walker?

Cheap apartments in Lake Walker have an average cost of $663 which is $1,515 cheaper than the average rent for all rentals in Lake Walker.

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

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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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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.

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Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Written by: Sarah Bregel

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.