Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (115 Rentals)

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

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property at 319 W Franklin St

319 W Franklin St

BaltimoreMD21201

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property at 600 N Howard St

600 N Howard St

BaltimoreMD21201
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Locust Point, Baltimore, MD Local Guide

Cheapest Available Locust Point Apartments for Rent

 

The cheapest available apartment rental in the Locust Point area of Baltimore, MD is a 1 Bed unit found at Wheelhouse Co-Living priced from $772. Vivo Living Baltimore has the second lowest priced unit, which is a Studio apartment currently listed from $878. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Wheelhouse Co-Living3A1BR,1BA$772
Vivo Living BaltimoreThe Petite StudioStudio,1BA$878
22 LightOne Bedroom1BR,1BA$915
Live 501SLS / 296Studio,1BA$970
Mulberry at ParkOne Bedroom1BR,1BA$1,009
500 W - Located on the UMB Campus!Lexington7BR,4BA$1,032
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$1,065
611 Park AvenueStudio StandardStudio,1BA$1,095
8 Howard and The 305A401BR,1BA$1,100

Best Value Apartments for Rent in Locust Point, MD

As of September 07, 2025 the best value apartment in the Locust Point area is the $0.73 price per square foot The Hall Model at The Hamlet Lofts in the in the Canton neighborhood starting from $2,850. The second greatest value Locust Point apartment is the 2 bedroom, 2.5 bathroom Model at 1118 S Charles St starting at $2,100 with a $1.05 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Locust Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Hamlet LoftsThe Hall3BR,2BA$0.73
1118 S Charles St2 bedroom, 2.5 bathroom2BR,2.5BA$1.05
Prosper On FayetteThe Belvedere4BR,4BA$0.88
1019 S Charles St, Unit 10191019 S Charles St1BR,1BA$1.23
The Brown's LoftUnit 5012BR,2BA$1.33
326 Park Ave, Unit 2326 Park Ave2BR,2BA$1.41
Mulberry at ParkThree Bedroom3BR,2BA$1.46
514 Arsan Ave, Unit 1514 Arsan Ave1BR,1BA$0.90
Guardian House1 Bed/1 Bath - F1BR,1BA$1.30
22 LightOne Bedroom1BR,1BA$1.44

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
Locust Point, Baltimore, MD

Ranked #22

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
Locust Point, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Baltimore. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Locust Point Neighborhood in Baltimore, MD

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Locust Point Apartments

What is a cheap apartment in Locust Point?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Locust Point is under $1,100.

What is the price of a cheap apartment in Locust Point?

The cheapest apartment in Locust Point is Wheelhouse Co-Living which is listed at $772, while the average apartment in Locust Point costs $3,658.

What types of apartments are the cheapest in Locust Point?

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 217 regular apartments in Locust Point 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 Locust Point?

Cheap apartments in Locust Point have an average cost of $675 which is $2,983 cheaper than the average rent for all rentals in Locust Point.

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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.