Cheap Apartments for Rent in the Lakeland Neighborhood of Baltimore, MD from $500 (32 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 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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Southwood
2 Bedroom Apartments

Southwood

2869 Potee StBaltimore, MD 21225
  • Utilities Included
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Hollinswood Townhouses
3 Bedroom Apartments

Hollinswood Townhouses

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

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.

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 $968. 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$968
Arbuta Arms Apartments*1 Bedroom 1 Bath - Brighton Floor Plan1BR,1BA$1,096
Middle Branch Manor1 Bedroom1BR,1BA$1,099
The Quill by AltaS3Studio,1BA$1,445
ReNew Federal Hill East & WestFranklinStudio,1BA$1,509
Southwood2 TOWN2BR,1BA$1,514
101 Cross StreetAStudio,1BA$1,543
Heath Street LoftsStudioStudio,1BA$1,605
Alta Federal HillJ11BR,1BA$1,638

Best Value Apartments for Rent in Lakeland, MD

As of December 25, 2025 the best value apartment in the Lakeland area is the $1.52 price per square foot 3 Bed 1 Car Garage Model at Forge Overlook in the in the Violetville neighborhood starting from $3,115. The second greatest value Lakeland apartment is the 2BR/2.0BA Model at For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits! starting at $1,995 with a $1.56 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.
Forge Overlook3 Bed 1 Car Garage3BR,2.75BA$1.52
For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits!2BR/2.0BA2BR,2BA$1.56
Riverview Townhomes3 bedroom 1 bath3BR,1BA$1.48
1111 Light StreetThe Key2BR,2BA$2.54
Southwood2 TOWN2BR,1BA$1.89
Heath Street LoftsStudioStudio ,1BA$2.04
Arbuta Arms Apartments*1 Bedroom 1 Bath - Ashley Floor Plan1BR,1BA$1.59
Middle Branch Manor1 Bedroom1BR,1BA$1.83
101 Cross StreetAStudio ,1BA$2.77
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$1.76

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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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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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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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.

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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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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 $1,638.

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 $2,452.

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 65 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 $537 which is $1,915 cheaper than the average rent for all rentals in Lakeland.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.