Cheap Homes for Rent in Lexington Neighborhood of Baltimore, MD from $400 (99 Rentals)

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

property at 2206 Penrose Ave

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

5 Bedroom, 2.5 Bath Townhome for Rent

Available Now

2206 Penrose Ave

BaltimoreMD21223

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property at 646 W Conway St

$750 - $765

1 Bedroom, 1 Bath Townhome for Rent

Available Now

646 W Conway St

BaltimoreMD21230

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

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property at 1216 W Lafayette Ave

$800 - $860

Total Monthly Price

Total Monthly Price

Base Rent
$800 - $860
Total Monthly Price
$800 - $860

1 Bedroom, 1 Bath Condo for Rent

Available Now

1216 W Lafayette Ave

BaltimoreMD21217

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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
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Saint Paul RegencyStudio apartmentStudio,1BA$925

Best Value Apartments for Rent in Lexington, MD

As of March 14, 2026 the best value apartment in the Lexington area is the $0.96 price per square foot 1005 N Arlington Ave Model at 1005 N Arlington Ave, Unit Arlington A in the in the Inner Harbor neighborhood starting from $2,400. The second greatest value Lexington apartment is the 2026 Druid Hill Ave Model at 2026 Druid Hill Ave, Unit Unit 2 starting at $1,950 with a $0.85 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.
1005 N Arlington Ave, Unit Arlington A1005 N Arlington Ave4BR,3BA$0.96
2026 Druid Hill Ave, Unit 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$1.10
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
314 N Calhoun St, Unit 1314 N Calhoun St1BR,1BA$0.90
Penn Square2 bdr2BR,1BA$0.80

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 $500 to $7,534. There are also 385 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $475 to $4,500.

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 $4,500 with an average monthly rent of $1,610.

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 $4,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,450. 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.

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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Written by: Sarah Bregel

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Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington

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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.