Cheap Apartments for Rent in the Lexington Neighborhood of Baltimore, MD from $400 (147 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

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property at 2572 McCulloh St

$995 - $1,350

1 To 4 Bedroom Rentals

Available Now

2572 McCulloh St

BaltimoreMD21217

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 Greens at Irvington Mews 2 - Senior Apartments 62+ priced from $533. Penn Square 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
Greens at Irvington Mews 2 - Senior Apartments 62+1 Bedroom1BR,1BA$533
Penn Square1 bdr1BR,1BA$600
North Avenue Gateway II1 bdr1BR,1BA$745
North Avenue Gateway2 bdr2BR,1BA$749
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
Saint Paul RegencyStudio apartmentStudio,1BA$925
Vivo Living BaltimorePETITES - The Petite Studio - SStudio,1BA$939

Best Value Apartments for Rent in Lexington, MD

As of January 27, 2026 the best value apartment in the Lexington area is the $1.03 price per square foot 836 Park Ave Model at 836 Park Ave, Unit #A in the in the Inner Harbor neighborhood starting from $3,050. The second greatest value Lexington apartment is the 30 E Preston St Model at 30 E Preston St, Unit B starting at $2,790 with a $1.07 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.
836 Park Ave, Unit #A836 Park Ave2BR,2.5BA$1.03
30 E Preston St, Unit B30 E Preston St3BR,3BA$1.07
2026 Druid Hill Ave, Unit 22026 Druid Hill Ave3BR,3BA$0.85
414 S Augusta Ave, Unit 414414 S Augusta Ave3BR,1.5BA$0.91
3404 Alto Rd, Unit 2nd floor3404 Alto Rd2BR,1BA$1.00
2735 W North Ave, Unit #22735 W North Ave1BR,1BA$1.12
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80
North Avenue Gateway1 bdr1BR,1BA$1.05

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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 $939.

What is the price of a cheap apartment in Lexington?

The cheapest apartment in Lexington is Greens at Irvington Mews 2 - Senior Apartments 62+ which is listed at $533, while the average apartment in Lexington costs $1,730.

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 321 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 $905 which is $825 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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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.

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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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.