Cheap Apartments for Rent in the Panway Neighborhood of Baltimore, MD from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Panway area of Baltimore.

2817 Presstman St

1706 N Bentalou St

1432 N Fulton Ave

3320 Auchentoroly Terrace
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Panway, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Panway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Panway Studio Apartments | $1,582 | $1,320 | $1,935 |
Panway 1 Bedroom Apartments | $1,462 | $600 | $2,250 |
Panway 2 Bedroom Apartments | $1,300 | $768 | $2,400 |
Panway 3 Bedroom Apartments | $1,401 | $915 | $1,850 |
Panway 4 Bedroom Apartments | $2,385 | $1,800 | $2,971 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Panway Neighborhood of Baltimore, MD.
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Panway, Baltimore, MD Local Guide
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Cheapest Available Panway Apartments for Rent
 The cheapest available apartment rental in the Panway area of Baltimore, MD is a 2 Beds unit found at North Avenue Gateway II priced from $729. Penn Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $768. Here are the most affordable Panway apartments for rent in Baltimore, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
North Avenue Gateway II | 2 bdr | 2BR,1BA | $729 |
Penn Square | 2 bdr | 2BR,1BA | $768 |
North Avenue Gateway | 2 bdr | 2BR,1BA | $857 |
Sequoia Manor Apartments | 2BR/1BA Plus | 2BR,1BA | $1,175 |
Greens At Forest Park Apartments | 2 Bed 1 Bath | Classic DLX | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Panway, MD
As of May 30, 2025 the best value apartment in the Panway area is the $1.11 price per square foot 2735 W North Ave Model at 2735 W North Ave, Unit #3 in the in the Burleith-Leighton neighborhood starting from $1,325. The second greatest value Panway apartment is the The Axis Model at Northwest Townhomes starting at $1,335 with a $1.33 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2735 W North Ave, Unit #3 | 2735 W North Ave | 2BR,1BA | $1.11 |
Northwest Townhomes | The Axis | 2BR,1BA | $1.33 |
North Avenue Gateway II | 2 bdr | 2BR,1BA | $0.73 |
Penn Square | 2 bdr | 2BR,1BA | $0.80 |
North Avenue Gateway | 2 bdr | 2BR,1BA | $0.90 |
Sail Cloth Factory Apartments | 1BR/1.0BA | 1BR,1BA | $1.82 |
Walbrook Mill Apartments | 2 Bedroom | 2BR,1BA | $1.45 |
The Hills at Lakeview | Amethyst | 2BR,1BA | $1.73 |
Greens At Forest Park Apartments | 2 Bed 1 Bath | Renovated | 2BR,1BA | $1.96 |
Cold Spring Lane | One Bedroom | 1BR,1BA | $1.91 |
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Frequently Asked Questions about Cheap Panway Apartments
What is a cheap apartment in Panway?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Panway is under $1,320.
What is the price of a cheap apartment in Panway?
The cheapest apartment in Panway is Sequoia Manor Apartments which is listed at $1,175, while the average apartment in Panway costs $2,385.
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 19 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 $795 which is $1,590 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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.