
Cheap Homes for Rent in Locust Point Neighborhood of Baltimore, MD from $500 (39 Rentals)
Search the lowest-cost Homes available for rent right now in the Locust Point area of Baltimore.


219 Penn St

2500 Seamon Ave

219 Penn Street - 2nd Floor + Private Bathroom

646 W Conway St

2926 E Fayette St

3520 E Fayette St

146 N East Ave

1503 Byrd St
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.

1524 E Fairmount Ave

110 W Hamburg St

214 S Regester St, Unit Room 3

2324 Essex street - 3rd Floor

2214 E Pratt St, Unit 3rdFlRear

1732 Gough St

518 S Kenwood Ave, Unit A

400 N Rose St

2221 Choptank Ct
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.

500 N Rose St

518 S Kenwood Ave, Unit A

1411 Patapsco St

500 S Collington Ave

111 N Bethel St

102 S Janney St

2415 Jefferson St

3515 E Fairmount Ave

225 N Luzerne Ave
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.

1001 Light St

519 Cherry Hill Rd

657 Dover St

412 N Washington St

144 N Streeper St

666 Melvin Dr

241 S Exeter St

813 S Rose St

1042 Patapsco St
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.

653 Dover St

1502 S Charles St

422 W Franklin St, Unit 1B
Locust Point, Baltimore, MD Local Guide

How much does it cost to rent a home in Locust Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Locust Point 2 Bedroom Homes for Rent | $2,188 | $855 | $3,500 |
| Locust Point 3 Bedroom Homes for Rent | $2,466 | $720 | $5,200 |
| Locust Point 4 Bedroom Homes for Rent | $3,718 | $1,800 | $9,000 |
| Locust Point 5 Bedroom Homes for Rent | $2,850 | $1,900 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Locust Point Neighborhood of Baltimore, MD.
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Locust Point, Baltimore, MD Local Guide
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Cheapest Available Locust Point Apartments for Rent
 The cheapest available apartment rental in the Locust Point area of Baltimore, MD is a 3 Beds unit found at Mulberry at Park priced from $739. 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 |
|---|---|---|---|
| Mulberry at Park | Three Bedroom | 3BR,2BA | $739 |
| Live 501 | S1A | Studio,1BA | $970 |
| The Apartments at Charles Plaza | Charles Towers Studio | Studio,1BA | $1,025 |
| Phoenix on Park | Studio | Studio,1BA | $1,050 |
| St James Place | Nora | Studio,1BA | $1,080 |
| 611 Park Avenue | Studio Standard | Studio,1BA | $1,095 |
| 300 W Fayette St | 0BR/1.0BA | Studio,1BA | $1,095 |
| VIVO Living Baltimore | The Petite Studio | Studio,1BA | $1,099 |
| Vision on Lombard | A1 | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Locust Point, MD
As of June 22, 2026 the best value apartment in the Locust Point area is the $0.85 price per square foot Four Bedroom Model at Riverfront in the in the South Baltimore neighborhood starting from $2,036. The second greatest value Locust Point apartment is the 3001 Hudson St Model at 3001 Hudson St starting at $1,900 with a $1.23 price per square foot in the Canton 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. |
|---|---|---|---|
| Riverfront | Four Bedroom | 4BR,3BA | $0.85 |
| 3001 Hudson St | 3001 Hudson St | 2BR,2BA | $1.23 |
| 511 Rappolla St, Unit Bayview hospital | 511 Rappolla St | 2BR,1BA | $0.73 |
| 49 E Montgomery St, Unit 2 | 49 E Montgomery St | 2BR,1BA | $1.36 |
| Patterson Park Apartments | Two Bedroom | 2BR,2BA | $1.60 |
| The Brown's Loft | Unit 501 | 2BR,2BA | $1.33 |
| 19 E Fayette St | One Bedroom | 1BR,1BA | $1.57 |
| Marlboro Classic Apt & Redwood Square | Redwood - 1 Bedroom 1 Bath | 1BR,1BA | $1.53 |
| Chesapeake Commons | 1x1 | 1BR,1BA | $1.56 |
| Mulberry at Park | One Bedroom | 1BR,1BA | $1.19 |
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
Frequently Asked Questions about Locust Point
What type of rentals are currently available in Locust Point?
There are currently 453 Apartments for Rent in Locust Point, MD with pricing that ranges from $739 to $7,197. There are also 222 Single Family Homes for rent, Condos, and Townhome rentals currently available in Locust Point ranging from $550 to $9,000.
What is the current price range for Rental Homes in Locust Point?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Locust Point ranges from $550 to $9,000 with an average monthly rent of $2,295.
How much are larger Three and Four Bedroom Rentals in Locust Point?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Locust Point range from $739 to $5,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $5,200. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,247.
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

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.

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.

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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.