Cheap Homes for Rent in Lakeland Neighborhood of Baltimore, MD from $500 (34 Rentals)

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Search the lowest-cost Homes 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

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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

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.

property at 414 Furrow 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 Jun 30

414 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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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

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 1 Bed apartment currently listed from $949. Here are the most affordable Lakeland apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Lansdowne Gardens2 Bedroom2BR,1BA$655
Riverview Townhomes1 bedroom 1 bath1BR,1BA$949
Arbuta Arms Apartments*1 Bedroom 1 Bath - Brighton Floor Plan1BR,1BA$1,145
Middle Branch Manor2 Bedroom Back2BR,1BA$1,169
Waters Edge Townhomes2 Bedroom Oak UG2BR,1BA$1,324
Southwood2 TOWN2BR,1BA$1,454
The Quill by AltaS2Studio,1BA$1,636

Best Value Apartments for Rent in Lakeland, MD

As of June 06, 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 For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits! starting at $2,050 with a $1.95 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
For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits!2BR/2.0BA2BR,2BA$1.95
Lansdowne Gardens3 Bedroom3BR,1BA$1.45
812 Mangold St, Unit North bedroom812 Mangold St1BR,1.5BA$0.86
Riverview Townhomes2 bedroom 1bath2BR,1BA$1.34
Southwood2 TOWN2BR,1BA$1.82
Arbuta Arms Apartments*1 Bedroom 1 Bath - Brighton Floor Plan1BR,1BA$1.50
Waters Edge Townhomes2 Bedroom Oak UG2BR,1BA$1.75
42 Talbott St, Unit Apartment #142 Talbott St2BR,1BA$1.73
1016 S Charles St1016 S Charles St1BR,1BA$1.75

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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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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Frequently Asked Questions about Lakeland

What type of rentals are currently available in Lakeland?

There are currently 131 Apartments for Rent in Lakeland, MD with pricing that ranges from $500 to $7,197. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $500 to $4,500.

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 $500 to $4,500 with an average monthly rent of $1,849.

How much are larger Three and Four Bedroom Rentals in Lakeland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeland range from $1,349 to $4,786, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,700. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $3,195.

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

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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.

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

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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.

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.