Cheap Apartments for Rent in the Panway Neighborhood of Baltimore, MD from $600 (4 Rentals)

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

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Penn Square
1 to 3 Bedroom Apartments

Penn Square

2632 Pennsylvania AveBaltimore, MD 21217

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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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North Avenue Gateway
1 to 2 Bedroom Apartments

North Avenue Gateway

3003 W North AveBaltimore, MD 21216
  • Utilities Included

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.

Panway, Baltimore, MD Local Guide

Best Value Apartments for Rent in Panway, MD

As of September 09, 2025 the best value apartment in the Panway area is the $0.56 price per square foot 3213 Dorchester Rd Model at 3213 Dorchester Rd, Unit 2 in the in the Burleith-Leighton neighborhood starting from $1,500. The second greatest value Panway apartment is the 3 Bedroom Model at Walbrook Mill Apartments starting at $1,396 with a $1.25 price per square foot in the Burleith-Leighton neighborhood. Here is today’s list of the best values for Panway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3213 Dorchester Rd, Unit 23213 Dorchester Rd2BR,1BA$0.56
Walbrook Mill Apartments3 Bedroom3BR,2BA$1.25
Northwest TownhomesThe Axis2BR,1BA$1.27
North Avenue Gateway2 bdr2BR,1BA$0.75
Penn Square2 bdr2BR,1BA$0.80
Ashburton2b2BR,1BA$1.39
Sequoia Manor Apartments2BR/1BA Plus2BR,1BA$1.67
Burlieth Ridge Apartments2 Bedrooms2BR,1BA$1.57
Midtown at Coppin HeightsOne Bed1BR,1BA$1.53
North Avenue Gateway II1 bdr1BR,1BA$1.46

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Pet Friendly Lifestyle
Panway, Baltimore, MD

Ranked #253

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Panway Apartments

What is the price of a cheap apartment in Panway?

The cheapest apartment in Panway is Penn Square which is listed at $600, while the average apartment in Panway costs $1,565.

What types of apartments are the cheapest in Panway?

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 7 regular apartments in Panway 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 Panway?

Cheap apartments in Panway have an average cost of $746 which is $819 cheaper than the average rent for all rentals in Panway.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.