Cheap Homes for Rent in Lake Walker Neighborhood of Baltimore, MD from $500 (19 Rentals)

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

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.

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

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.

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

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.

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$1,141
Falls Court Apartments1BR/1BA Plus1BR,1BA$1,145

Best Value Apartments for Rent in Lake Walker, MD

As of May 07, 2026 the best value apartment in the Lake Walker area is the $1.36 price per square foot 3 BED / 2 BATH Model at Melrose Apartments in the in the Mid-Govans neighborhood starting from $2,595. The second greatest value Lake Walker apartment is the 2920 E Cold Spring Ln Model at 2920 E Cold Spring Ln, Unit Room for rent starting at $700 with a $0.63 price per square foot in the Mid-Govans 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 Apartments3 BED / 2 BATH3BR,2BA$1.36
2920 E Cold Spring Ln, Unit Room for rent2920 E Cold Spring Ln4BR,1BA$0.63
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
Pleasantview2 Bed, 1 Bath Townhome2BR,1BA$1.43
Willow Apartment Homes1BR/1.0BA1BR,1BA$1.68
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1.48
1005 Cedarcroft Rd, Unit Cedarcroft Apt #21005 Cedarcroft Rd1BR,1BA$1.57

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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Frequently Asked Questions about Lake Walker

What type of rentals are currently available in Lake Walker?

There are currently 159 Apartments for Rent in Lake Walker, MD with pricing that ranges from $700 to $4,789. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Walker ranging from $550 to $4,750.

What is the current price range for Rental Homes in Lake Walker?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Walker ranges from $550 to $4,750 with an average monthly rent of $1,941.

How much are larger Three and Four Bedroom Rentals in Lake Walker?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Walker range from $1,505 to $4,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $700.

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

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 Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

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.

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

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

Written by: Sarah Bregel

Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.