Cheap Apartments for Rent in the Lakeland Neighborhood of Baltimore, MD from $500 (56 Rentals)

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

property at 646 W Conway St

$750 - $765

1 Bedroom, 1 Bath Townhome for Rent

Available Now

646 W Conway St

BaltimoreMD21230

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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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

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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property at 428 Furrow St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Now

428 Furrow St

BaltimoreMD21223
property at 314 Otterbein St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

2 Bedroom, 1 Bath Townhome for Rent

Available Now

314 Otterbein St

BaltimoreMD21230
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1340 S Hanover St, Unit D
$1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395
1 Bedroom Apartment Available Jul 18

1340 S Hanover St, Unit D

1340 S Hanover StBaltimore, MD 21230
Affordability
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property at 519 Cherry Hill Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

519 Cherry Hill Rd

BaltimoreMD21225
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Cherrydale Apartments
Studio to 3 Bedroom Apartments

Cherrydale Apartments

1100-1210 Cherry Hill RdBaltimore, MD 21225
  • Utilities Included

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at Lansdowne Gardens priced from $655. Riverview Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here are the most affordable Lakeland apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Lansdowne Gardens2 Bedroom2BR,1BA$655
Riverview Townhomes2 bedroom 1bath2BR,1BA$1,099
Arbuta Arms Apartments*1 Bedroom 1 Bath - Brighton Floor Plan1BR,1BA$1,130
Middle Branch Manor2 Bedroom Back2BR,1BA$1,189
RiverfrontFour Bedroom4BR,2BA$1,239
Southwood2 TOWN2BR,1BA$1,484
Heath Street LoftsStudioStudio,1BA$1,610
101 Cross StreetC1BR,1BA$1,832

Best Value Apartments for Rent in Lakeland, MD

As of June 12, 2026 the best value apartment in the Lakeland area is the $0.85 price per square foot Four Bedroom Model at Riverfront in the in the South Baltimore neighborhood starting from $2,036. The second greatest value Lakeland apartment is the 2BR/2.0BA Model at 1201 S Charles starting at $2,200 with a $2.09 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.
RiverfrontFour Bedroom4BR,3BA$0.85
1201 S Charles2BR/2.0BA2BR,2BA$2.09
Riverview Townhomes3 bedroom 1 bath3BR,1BA$1.48
Lansdowne Gardens3 Bedroom3BR,1BA$1.45
812 Mangold St, Unit North bedroom812 Mangold St1BR,1.5BA$0.86
Southwood2 TOWN2BR,1BA$1.86
Heath Street LoftsStudioStudio ,1BA$2.04
Arbuta Arms Apartments*1 Bedroom 1 Bath - Brighton Floor Plan1BR,1BA$1.48
42 Talbott St, Unit Apartment #142 Talbott St2BR,1BA$1.73
Middle Branch Manor1 Bedroom Back Deluxe1BR,1BA$2.05

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
Lakeland, Baltimore, MD

School data provided by Great Schools

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 $1,832.

What is the price of a cheap apartment in Lakeland?

The cheapest apartment in Lakeland is Lansdowne Gardens which is listed at $959, while the average apartment in Lakeland costs $3,896.

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 222 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 $1,822 which is $2,074 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.

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.

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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.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.