Cheap Homes for Rent in Lexington Neighborhood of Baltimore, MD from $600 (96 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 priced from $600. North Avenue Gateway II has the second lowest priced unit, which is a 2 Beds apartment currently listed from $751. Here are the most affordable Lexington apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square1 bdr1BR,1BA$600
North Avenue Gateway II2 bdr2BR,1BA$751
North Avenue Gateway1 bdr1BR,1BA$767
Cathedral St 300Studio ApartmentStudio,1BA$849
Avon1 Beds, 1 Baths1BR,1BA$850
Vivo Living BaltimoreThe Petite StudioStudio,1BA$886
The Tobee - Cathedral St 3112 Bedroom2BR,1BA$895

Best Value Apartments for Rent in Lexington, MD

As of June 22, 2025 the best value apartment in the Lexington area is the $0.98 price per square foot 324 Park Ave Model at 324 Park Ave, Unit 324 in the in the South Baltimore neighborhood starting from $1,950. The second greatest value Lexington apartment is the 1038 S Charles St Model at 1038 S Charles St, Unit 1 starting at $1,650 with a $0.92 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.
324 Park Ave, Unit 324324 Park Ave4BR,2BA$0.98
1038 S Charles St, Unit 11038 S Charles St2BR,2BA$0.92
500 W - Located on the UMB Campus!Camden4BR,2BA$0.84
2254 Annapolis Rd, Unit 22254 Annapolis Rd1BR,1BA$0.67
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
North Avenue Gateway II2 bdr2BR,1BA$0.75
832 N Carey St, Unit 2832 N Carey St1BR,1BA$0.88
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

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Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 1067 Apartments for Rent in Lexington, MD with pricing that ranges from $500 to $7,010. There are also 346 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $600 to $6,600.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $600 to $6,600 with an average monthly rent of $1,770.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $1,094 to $4,894, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $600.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.