Cheap Apartments for Rent in the Lexington Neighborhood of Baltimore, MD from $400 (178 Rentals)

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

property at 3236 Lohrs Ln

$600 - $850

1 Bedroom Rentals

Available Now

3236 Lohrs Ln

BaltimoreMD21229

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property at 210 N Mount St

$800 - $1,350

1 To 2 Bedroom Rentals

Available Now

210 N Mount St

BaltimoreMD21223
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834 N Carey St, Unit 3
$850
Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850
1 Bedroom Apartment Available Now

834 N Carey St, Unit 3

834 N Carey StBaltimore, MD 21217
Cost Per Sq.Ft.

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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Lexington, Baltimore, MD Local Guide

Cheapest Available Lexington Apartments for Rent

 

The cheapest available apartment rental in the Lexington area of Baltimore, MD is a 1 Bed unit found at Penn Square I priced from $600. 837 North Fulton Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Lexington apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square I1 Bedroom/1 Bath C1BR,1BA$600
837 North Fulton Avenue1BR/0.5BA1BR,$600
Mulberry at ParkThree Bedroom3BR,2BA$739
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
North Avenue Gateway II1 Bedroom/1 Bath D1BR,1BA$890
Avon1 Beds, 1 Baths1BR,1BA$925
Saint Paul RegencyStudio apartmentStudio,1BA$925
St James PlaceStellaStudio,1BA$952
9 East Read Street - 80980BR/1.0BAStudio,1BA$975

Best Value Apartments for Rent in Lexington, MD

As of August 17, 2026 the best value apartment in the Lexington area is the $1.17 price per square foot 33 W North Ave Model at 33 W North Ave, Unit 3B in the in the Inner Harbor neighborhood starting from $2,400. The second greatest value Lexington apartment is the 33 W North Ave Model at 33 W North Ave, Unit 3B starting at $2,400 with a $1.17 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
33 W North Ave, Unit 3B33 W North Ave3BR,2BA$1.17
33 W North Ave, Unit 3B33 W North Ave3BR,2BA$1.17
The Brown's LoftUnit 4012BR,1.5BA$1.04
Union Rowe3 Bedroom3BR,1BA$1.04
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
1017 Hollins St1017 Hollins St1BR,1BA$1.04
2735 W North Ave, Unit #32735 W North Ave2BR,1BA$1.05
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15
Penn Square I1 Bedroom/1 Bath A1BR,1BA$1.09

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Baltimore. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lexington Apartments

What is a cheap apartment in Lexington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington is under $975.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is Penn Square I which is listed at $600, while the average apartment in Lexington costs $1,510.

What types of apartments are the cheapest in Lexington?

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 281 regular apartments in Lexington 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 Lexington?

Cheap apartments in Lexington have an average cost of $894 which is $616 cheaper than the average rent for all rentals in Lexington.

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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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.

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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.

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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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