Cheap Apartments for Rent in the Oldtown Neighborhood of Baltimore, MD from $400 (296 Rentals)

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

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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834 N Carey St, Unit 3
$850
Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850
1 Bedroom Apartment Available Now

834 N Carey St, Unit 3

834 N Carey StBaltimore, MD 21217
Cost Per Sq.Ft.

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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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 1108 N Bond St

$950 - $1,150

1 To 2 Bedroom Rentals

Available Now

1108 N Bond St

BaltimoreMD21213
property at 2572 McCulloh St

$995 - $1,350

1 To 4 Bedroom Rentals

Available Now

2572 McCulloh St

BaltimoreMD21217

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 2213 Belair Rd

$1,000 - $1,100

1 To 2 Bedroom Rentals

Available Now

2213 Belair Rd

BaltimoreMD21213

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 6

Oldtown, Baltimore, MD Local Guide

Cheapest Available Oldtown Apartments for Rent

 

The cheapest available apartment rental in the Oldtown area of Baltimore, MD is a 1 Bed unit found at Columbus School Limited Partnership priced from $720. Mulberry at Park has the second lowest priced unit, which is a 3 Beds apartment currently listed from $739. Here are the most affordable Oldtown apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$720
Mulberry at ParkThree Bedroom3BR,2BA$739
1224 St Paul St0 Beds, 1 BathsStudio,1BA$795
1908 Aliceanna St.0BR/1.0BAStudio,1BA$800
221-223 E Preston St0 Beds, 1 BathsStudio,1BA$850
Oak Hill Townhomes0BR/1.0BAStudio,1BA$850
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
2629 N Charles St0 Beds, 1 BathsStudio,1BA$899
Avon1 Beds, 1 Baths1BR,1BA$899

Best Value Apartments for Rent in Oldtown, MD

As of July 15, 2026 the best value apartment in the Oldtown area is the $1.04 price per square foot Unit 401 Model at The Brown's Loft in the in the Inner Harbor neighborhood starting from $1,590. The second greatest value Oldtown apartment is the 1016 S Charles St Model at 1016 S Charles St, Unit 2 starting at $1,599 with a $1.07 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Oldtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Brown's LoftUnit 4012BR,1.5BA$1.04
1016 S Charles St, Unit 21016 S Charles St3BR,1BA$1.07
446 N Linwood Ave446 N Linwood Ave1BR,1BA$1.08
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
1017 Hollins St1017 Hollins St1BR,1BA$1.04
Ashland CommonsTwo-Bedroom2BR,2BA$1.15
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
Printers Square Apartments1 Bedroom1BR,1BA$1.13
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15

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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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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Real 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.

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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Maryland and customized analysis for Central Baltimore, MD. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Oldtown Apartments

What is a cheap apartment in Oldtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oldtown is under $899.

What is the price of a cheap apartment in Oldtown?

The cheapest apartment in Oldtown is Columbus School Limited Partnership which is listed at $720, while the average apartment in Oldtown costs $3,790.

What types of apartments are the cheapest in Oldtown?

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 470 regular apartments in Oldtown 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 Oldtown?

Cheap apartments in Oldtown have an average cost of $952 which is $2,838 cheaper than the average rent for all rentals in Oldtown.

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.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.

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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.