Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (162 Rentals)

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

property at 428 N Lakewood Ave

$650 - $725

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Total Monthly Price

Base Rent
$650 - $725
Total Monthly Price
$650 - $725

1 Bedroom, 1 Bath Townhome for Rent

Available Now

428 N Lakewood Ave

BaltimoreMD21224
property at 2926 E Fayette St

$750 - $2,650

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Total Monthly Price

Base Rent
$750 - $2,650
Total Monthly Price
$750 - $2,650

1 To 5 Bedroom Townhomes for Rent

Available Now

2926 E Fayette St

BaltimoreMD21224
property at 646 W Conway St

$750 - $765

1 Bedroom, 1 Bath Townhome for Rent

Available Now

646 W Conway St

BaltimoreMD21230

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 214 S Regester St

$950 - $1,000

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Total Monthly Price

Base Rent
$950 - $1,000
Total Monthly Price
$950 - $1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

214 S Regester St

BaltimoreMD21231
property at 315 S Newkirk St

$950

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Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 26

315 S Newkirk St

BaltimoreMD21224

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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property at 500 N Rose St

$1,100

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$1,100
Total Monthly Price
$1,100

3 Bedroom, 2 Bath Townhome for Rent

Available Now

500 N Rose St

BaltimoreMD21205
property at 628 Portland St

$1,100

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Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

628 Portland St

BaltimoreMD21230

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.

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property at 1218 William St

$1,200

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Base Rent
$1,200
Total Monthly Price
$1,200

4 Bedroom, 4 Bath Home for Rent

Available May 1

1218 William St

BaltimoreMD21230

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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Showing Results 1-50, Page 1 of 4

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 22 Light priced from $915. Highlandtown Plaza Co-op Apartments 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $923. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
22 LightOne Bedroom1BR,1BA$915
Highlandtown Plaza Co-op Apartments 62+Standard1BR,1BA$923
Live 501S1AStudio,1BA$970
Vision on LombardA1Studio,1BA$1,025
611 Park AvenueStudio StandardStudio,1BA$1,095
VIVO Living BaltimoreThe Petite Studio - SStudio,1BA$1,099
Parsonage Place Apartments001 Studio - FurnishedStudio,1BA$1,100

Best Value Apartments for Rent in Locust Point, MD

As of April 28, 2026 the best value apartment in the Locust Point area is the $1.09 price per square foot 1034 S Charles St Model at 1034 S Charles St, Unit 1034 in the in the Inner Harbor neighborhood starting from $1,750. The second greatest value Locust Point apartment is the Two Bedroom Model at Patterson Park Apartments starting at $2,000 with a $1.60 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.
1034 S Charles St, Unit 10341034 S Charles St2BR,2BA$1.09
Patterson Park ApartmentsTwo Bedroom2BR,2BA$1.60
3428 6th St, Unit A3428 6th St2BR,1BA$1.02
19 E Fayette StOne Bedroom1BR,1BA$1.33
15 E West St, Unit 115 E West StStudio ,1BA$1.16
500 W Fayette St.2BR/2.0BA2BR,2BA$1.57
Howard Row0BR/1.0BAStudio ,1BA$1.33
Chesapeake Commons1x11BR,1BA$1.56
729 Oldham St, Unit Basement729 Oldham St1BR,1BA$1.50
22 LightOne Bedroom1BR,1BA$1.44

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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!

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 22 Light which is listed at $915, while the average apartment in Locust Point costs $3,931.

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 409 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 $1,416 which is $2,515 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

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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.

decorative image for Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

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.

decorative image for Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers article

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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.