Cheap Homes for Rent in Lexington Neighborhood of Baltimore, MD from $400 (85 Rentals)

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Search the lowest-cost Homes 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

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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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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property at 31 N Paca St

$850

Studio Rentals

Available Now

31 N Paca St

BaltimoreMD21201

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 Greens at Irvington Mews 2 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 21 Bedroom1BR,1BA$533
Penn Square1 bdr1BR,1BA$600
North Avenue Gateway II1 bdr1BR,1BA$647
North Avenue Gateway2 bdr2BR,1BA$749
Mt. Vernon PropertiesStudioStudio,1BA$800
Midtown at Coppin Heights3 Bed 1.5 Bath3BR,1BA$848
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 December 17, 2025 the best value apartment in the Lexington area is the $1.04 price per square foot 246 W Lanvale St Model at 246 W Lanvale St, Unit 3 in the in the Inner Harbor neighborhood starting from $1,450. The second greatest value Lexington apartment is the 3404 Alto Rd Model at 3404 Alto Rd, Unit 2nd floor starting at $1,400 with a $1.00 price per square foot in the Burleith-Leighton 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.
246 W Lanvale St, Unit 3246 W Lanvale St2BR,1BA$1.04
3404 Alto Rd, Unit 2nd floor3404 Alto Rd2BR,1BA$1.00
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
2124 Bolton St, Unit 22124 Bolton St1BR,1BA$1.14
North Avenue Gateway2 bdr2BR,1BA$0.75
Penn Square2 bdr2BR,1BA$0.80
225 W Mulberry St, Unit 3225 W Mulberry StStudio ,1BA$1.18
Midtown at Coppin Heights1 Bed 1 Bath1BR,1BA$1.26
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15
North Avenue Gateway II1 bdr1BR,1BA$1.06

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Lexington, Baltimore, MD

Ranked #65

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lexington, Baltimore, MD

School data provided by Great Schools

Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 1071 Apartments for Rent in Lexington, MD with pricing that ranges from $533 to $5,384. There are also 394 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $475 to $8,500.

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 $475 to $8,500 with an average monthly rent of $1,519.

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 $848 to $3,535, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $8,500. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $983.

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.

Articles, How-To's, and Tips

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!