Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (136 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Locust Point 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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property at 1709 Fleet St

1709 Fleet St

BaltimoreMD21231

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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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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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 Highlandtown Plaza Co-op Apartments 62+ priced from $845. 22 Light has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Highlandtown Plaza Co-op Apartments 62+Standard1BR,1BA$845
22 LightOne Bedroom1BR,1BA$915
Vivo Living BaltimorePETITES - The Petite Studio - SStudio,1BA$939
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$968
Live 501S1AStudio,1BA$970
Mulberry at ParkOne Bedroom1BR,1BA$1,009
500 W Fayette St.Lexington7BR,4BA$1,032
Vision on LombardA1Studio,1BA$1,050
Middle Branch Manor1 Bedroom Back1BR,1BA$1,059
611 Park AvenueStudio StandardStudio,1BA$1,095

Best Value Apartments for Rent in Locust Point, MD

As of December 13, 2025 the best value apartment in the Locust Point area is the $1.50 price per square foot 526 St Paul St Model at 526 St Paul St, Unit 3 in the in the Inner Harbor neighborhood starting from $2,395. The second greatest value Locust Point apartment is the 2BR/2.0BA Model at For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits! starting at $1,995 with a $1.56 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.
526 St Paul St, Unit 3526 St Paul St3BR,2.5BA$1.50
For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits!2BR/2.0BA2BR,2BA$1.56
222 SaratogaMount Vernon1BR,1BA$1.33
Mulberry at ParkThree Bedroom3BR,2BA$1.46
500 W Fayette St.4BR/2.0BA4BR,2BA$1.57
Southwood2 TOWN2BR,1BA$1.74
Howard Row0BR/1.0BAStudio ,1BA$1.45
Distillery Apartments1 bedroom1BR,1BA$1.80
22 LightOne Bedroom1BR,1BA$1.44
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$1.76

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
Locust Point, Baltimore, MD

Ranked #36

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 $1,095.

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 $845, while the average apartment in Locust Point costs $2,499.

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 343 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 $888 which is $1,611 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.

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!