
Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (169 Rentals)
Search the lowest-cost Apartments available for rent right now in the Locust Point area of Baltimore.


3627 Pulaski Hwy

3908 Claremont St

219 Penn St

219 Penn Street - 2nd Floor + Private Bathroom

646 W Conway St

2926 E Fayette St

503 N Lakewood Ave

503 N Lakewood Ave

3718 E Lombard St
Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers
Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

3718 E Lombard St

110 W Hamburg St

105 S Wolfe St

503 N Lakewood Ave

503 N Lakewood Ave

503 N Lakewood Ave

503 N Lakewood Ave

148 N East Ave

205 N Luzerne Ave

2407 Jefferson St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

137 W Hamburg St

1524 E Fairmount Ave

1809 E Pratt St

Highlandtown Plaza Co-op Apartments 62+

1732 Gough St

110 W Hamburg St

10 S Ann St

216 N Charles St

St James Place
Baltimore's Best Affordable Neighborhoods
Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

118 S Broadway

2214 E Pratt St, Unit 3rdFlRear

1732 Gough St

Mulberry at Park

520 Baltic Ave

Phoenix on Park

Total Monthly Price
645 Washington Blvd, Unit #4

22 Light

Vivo Living Baltimore

1911 E Pratt St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
1018 S Charles St

Vision on Lombard

8 Howard and The 305

The Apartments at Charles Plaza

1411 Patapsco St

University Place Apartments

Forrest Street

306 W Franklin

Middle Branch Manor

Redwood Place
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Locust Point, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Locust Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Locust Point Studio Apartments | $1,489 | $952 | $6,000 |
| Locust Point 1 Bedroom Apartments | $2,076 | $600 | $4,950 |
| Locust Point 2 Bedroom Apartments | $2,594 | $1,189 | $7,580 |
| Locust Point 3 Bedroom Apartments | $3,348 | $1,305 | $5,960 |
| Locust Point 4 Bedroom Apartments | $1,885 | $1,155 | $4,989 |
Browse Apartments in this Neighborhood
There are currently 169 rentals with your search options within a 2 mile radius of the Locust Point Neighborhood of Baltimore, MD.
See all Apartments in BaltimoreExplore Baltimore
Locust Point, Baltimore, MD Local Guide
- Nearby Baltimore neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Highlandtown Plaza Co-op Apartments 62+ priced from $923. Live 501 has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highlandtown Plaza Co-op Apartments 62+ | Standard | 1BR,1BA | $923 |
| Live 501 | SLS / 296 | Studio,1BA | $970 |
| SHARP LEADENHALL APARTMENTS | 1BD, 1BTH | 1BR,1BA | $988 |
| Mulberry at Park | One Bedroom | 1BR,1BA | $1,009 |
| Phoenix on Park | Studio + Den - Oriole | Studio,1BA | $1,050 |
| St James Place | Nora | Studio,1BA | $1,080 |
| Vivo Living Baltimore | The Petite Studio | Studio,1BA | $1,099 |
| The Apartments at Charles Plaza | Charles Towers Studio | Studio,1BA | $1,106 |
Best Value Apartments for Rent in Locust Point, MD
As of July 28, 2026 the best value apartment in the Locust Point area is the $1.04 price per square foot Unit 401 Model at The Brown's Loft in the in the Inner Harbor neighborhood starting from $1,590. The second greatest value Locust Point apartment is the 3BR/2.0BA Model at 300 W Fayette St starting at $1,975 with a $1.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Brown's Loft | Unit 401 | 2BR,1.5BA | $1.04 |
| 300 W Fayette St | 3BR/2.0BA | 3BR,2BA | $1.31 |
| 1016 S Charles St, Unit 2 | 1016 S Charles St | 3BR,1BA | $1.20 |
| 511 Rappolla St, Unit Bayview hospital | 511 Rappolla St | 2BR,1BA | $0.80 |
| 446 N Linwood Ave, Unit 2 | 446 N Linwood Ave | 2BR,1BA | $1.18 |
| Patterson Park Apartments | Two Bedroom | 2BR,2BA | $1.60 |
| Mulberry at Park | Three Bedroom | 3BR,2BA | $1.46 |
| Chesapeake Commons | 1x1 | 1BR,1BA | $1.56 |
| 1018 S Charles St | 1018 S Charles St | 1BR,1BA | $1.38 |
| 645 Washington Blvd, Unit #4 | 645 Washington Blvd | 1BR,1BA | $1.31 |
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.
Read ArticleBeyond 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Locust Point, Baltimore, MD
Thomas Johnson Elementary School
Federal Hill Preparatory School
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!
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 $1,106.
What is the price of a cheap apartment in Locust Point?
The cheapest apartment in Locust Point is Highlandtown Plaza Co-op Apartments 62+ which is listed at $923, while the average apartment in Locust Point costs $3,335.
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 605 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 $1,326 which is $2,009 cheaper than the average rent for all rentals in Locust Point.
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

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
