Cheap Homes for Rent in Lakeland Neighborhood of Baltimore, MD from $500 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2236 Cedley St

2236 Cedley St

BaltimoreMD21230
property at 2308 Sidney Ave

2308 Sidney Ave

BaltimoreMD21230
Showing Results 1-32, Page 1 of 1

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

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

Best Local Schools in
Lakeland, Baltimore, MD

School data provided by Great Schools

Frequently Asked Questions about Lakeland

What type of rentals are currently available in Lakeland?

There are currently 132 Apartments for Rent in Lakeland, MD with pricing that ranges from $550 to $8,000. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $550 to $4,600.

What is the current price range for Rental Homes in Lakeland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeland ranges from $550 to $4,600 with an average monthly rent of $1,551.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.