Cheap Homes for Rent in Locust Point Neighborhood of Baltimore, MD from $500 (35 Rentals)

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Search the lowest-cost Homes 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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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 1722 Eastern Ave

$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1722 Eastern Ave

BaltimoreMD21231
property at 1646 E Pratt St

$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1646 E Pratt St

BaltimoreMD21231
property at 911 S Charles St

$1,300

Studio, 1 Bath Condo for Rent

Available Jan 31

911 S Charles 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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property at 1646 E Pratt St

$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1646 E Pratt St

BaltimoreMD21231
Showing Results 1-35, Page 1 of 1

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
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
Middle Branch Manor1 Bedroom Back1BR,1BA$1,059
St James PlaceNoraStudio,1BA$1,080

Best Value Apartments for Rent in Locust Point, MD

As of January 25, 2026 the best value apartment in the Locust Point area is the $1.22 price per square foot 1404 E Baltimore St Model at 1404 E Baltimore St, Unit 300 in the in the Inner Harbor neighborhood starting from $1,740. 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 $1,895 with a $1.48 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.
1404 E Baltimore St, Unit 3001404 E Baltimore St3BR,2.5BA$1.22
For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits!2BR/2.0BA2BR,2BA$1.48
Patterson Park ApartmentsTwo Bedroom2BR,2BA$1.60
222 SaratogaMarylander1BR,1BA$1.37
19 E Fayette StOne Bedroom1BR,1BA$1.33
Mulberry at ParkThree Bedroom3BR,2BA$1.46
500 W Fayette St.4BR/2.0BA4BR,2BA$1.46
3129 Eastern Ave, Unit Basement3129 Eastern Ave1BR,1BA$1.54
Howard Row0BR/1.0BAStudio ,1BA$1.65
22 LightOne Bedroom1BR,1BA$1.44

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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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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Best Local Schools in
Locust Point, Baltimore, MD

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 454 Apartments for Rent in Locust Point, MD with pricing that ranges from $700 to $9,134. There are also 291 Single Family Homes for rent, Condos, and Townhome rentals currently available in Locust Point ranging from $550 to $12,500.

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 $12,500 with an average monthly rent of $3,752.

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 $1,175 to $5,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $8,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,160.

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.

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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.

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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

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.