Cheap Apartments for Rent in the Lakeland Neighborhood of Baltimore, MD from $500 (35 Rentals)

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

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Cherrydale Apartments
Studio to 3 Bedroom Apartments

Cherrydale Apartments

1100-1210 Cherry Hill RdBaltimore, MD 21225
  • Utilities Included
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The Flats
Studio to 2 Bedroom Apartments

The Flats

2 E Wells StBaltimore, MD 21230
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Southwood
2 Bedroom Apartments

Southwood

2869 Potee StBaltimore, MD 21225
  • Utilities Included
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The Darcy
Studio to 2 Bedroom Apartments

The Darcy

1702 Light StBaltimore, MD 21230
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101 Wells
1 to 3 Bedroom Apartments

101 Wells

101 E Wells StBaltimore, MD 21230
  • Utilities Included
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Hollinswood Townhouses
3 Bedroom Apartments

Hollinswood Townhouses

2200 W Patapsco AveBaltimore, MD 21230
Corporate Housing
  • Utilities Included

Lakeland, Baltimore, MD Local Guide

Cheapest Available Lakeland Apartments for Rent

 

The cheapest available apartment rental in the Lakeland area of Baltimore, MD is a 1 Bed unit found at Riverview Townhomes priced from $949. Sharp Leadenhall Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Lakeland apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Riverview Townhomes1 bedroom 1 bath1BR,1BA$949
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$1,065
Waters Edge Townhomes2 Bedroom Classic Townhome2BR,1BA$1,099
Middle Branch Manor2 Bedroom Back2BR,1BA$1,099
The FlatsThe DempseyStudio,1BA$1,446
Southwood2 TOWN2BR,1BA$1,469
The Quill by AltaS2Studio,1BA$1,540
ReNew Federal Hill East & WestFlorenceStudio,1BA$1,568

Best Value Apartments for Rent in Lakeland, MD

As of November 10, 2025 the best value apartment in the Lakeland area is the $1.56 price per square foot 2BR/2.0BA Model at For Rent: Modern Luxury Living at 1201 S. Charles in the in the Inner Harbor neighborhood starting from $1,995. The second greatest value Lakeland apartment is the The Charles Model at 1111 Light Street starting at $2,199 with a $2.35 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
For Rent: Modern Luxury Living at 1201 S. Charles2BR/2.0BA2BR,2BA$1.56
1111 Light StreetThe Charles2BR,2BA$2.35
Riverview Townhomes3 bedroom 1 bath3BR,1BA$1.48
Southwood2 TOWN2BR,1BA$1.84
Heath Street LoftsStudioStudio ,1BA$2.04
Waters Edge Townhomes2 Bedroom UG DLX + Washer/Dryer2BR,1BA$1.99
4028 Belle Grove Rd, Unit B4028 Belle Grove Rd1BR,1BA$2.14
Middle Branch Manor1 Bedroom1BR,1BA$1.97
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$1.85
4107 Frederick Ave, Unit 14107 Frederick AveStudio ,1BA$2.00

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Pet Friendly Lifestyle
Lakeland, Baltimore, MD

Ranked #208

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Lakeland Neighborhood in Baltimore, MD

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

56 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Lakeland Apartments

What is a cheap apartment in Lakeland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeland is under $1,568.

What is the price of a cheap apartment in Lakeland?

The cheapest apartment in Lakeland is Riverview Townhomes which is listed at $949, while the average apartment in Lakeland costs $3,589.

What types of apartments are the cheapest in Lakeland?

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 56 regular apartments in Lakeland 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 Lakeland?

Cheap apartments in Lakeland have an average cost of $331 which is $3,258 cheaper than the average rent for all rentals in Lakeland.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.