Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (148 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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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 $822. Cathedral St 300 has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Wheelhouse Co-Living4B1BR,1BA$822
Cathedral St 300Studio ApartmentStudio,1BA$849
Vivo Living BaltimoreThe Petite StudioStudio,1BA$886
The Tobee - Cathedral St 3112 Bedroom2BR,1BA$895
500 W - Located on the UMB Campus!Eddy7BR,3BA$920
Live 501SLS / 296Studio,1BA$970
St James PlaceNoraStudio,1BA$1,080
611 Park AvenueStudio StandardStudio,1BA$1,095

Best Value Apartments for Rent in Locust Point, MD

As of June 14, 2025 the best value apartment in the Locust Point area is the $0.57 price per square foot Three Bedroom Model at Riverfront in the in the South Baltimore neighborhood starting from $1,167. The second greatest value Locust Point apartment is the 1118 S Charles St Model at 1118 S Charles St, Unit 3 starting at $2,500 with a $1.25 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.
RiverfrontThree Bedroom3BR,2BA$0.57
1118 S Charles St, Unit 31118 S Charles St3BR,2.5BA$1.25
1038 S Charles St, Unit 11038 S Charles St2BR,2BA$0.92
500 W - Located on the UMB Campus!Camden4BR,2BA$0.76
The Brown's LoftUnit 5012BR,2BA$1.33
Howard Row2BR/1.0BA2BR,1BA$1.39
1018 S Charles St, Unit 21018 S Charles St1BR,1BA$1.30
Guardian House1 Bed/1 Bath - F1BR,1BA$1.30
816 E Baltimore St, Unit 2816 E Baltimore StStudio ,1BA$1.13
The Tobee - Cathedral St 3112 Bedroom2BR,1BA$1.19

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 #9

Among neighborhoods in Baltimore, MD 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 Wheelhouse Co-Living which is listed at $822, while the average apartment in Locust Point costs $2,702.

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 150 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 $549 which is $2,153 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.