
Cheap Apartments for Rent in the Panway Neighborhood of Baltimore, MD from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Panway area of Baltimore.


2933 Presstman St

2311 Anoka Ave

3113 Presbury St

2933 Presstman St

3412 Gwynns Falls Pkwy
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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3113 Presbury St

1615 N Ellamont St

2311 Anoka Ave

1211 Poplar Grove St

2207 Whittier Ave

2933 Presstman St
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1633 N Payson St

2311 Anoka Ave

Midtown at Coppin Heights

1432 N Fulton Ave

3512 Holmes Ave

Penn Square I
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North Avenue Gateway I

Metro Heights at Mondawmin

North Avenue Gateway II

3320 Presstman St

Pangea Oaks

3011 Garrison Blvd
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3302 Clifton Ave

3512 Clifton Ave

Parkway Overlook
Panway, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Panway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panway 1 Bedroom Apartments | $1,095 | $650 | $2,250 |
| Panway 2 Bedroom Apartments | $1,454 | $1,150 | $2,500 |
| Panway 3 Bedroom Apartments | $1,446 | $1,418 | $1,475 |
| Panway 4 Bedroom Apartments | $1,565 | $1,565 | $1,565 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Panway Neighborhood of Baltimore, MD.
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Cheapest Available Panway Apartments for Rent
 The cheapest available apartment rental in the Panway area of Baltimore, MD is a 1 Bed unit found at North Avenue Gateway II priced from $745. Penn Square I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $797. Here are the most affordable Panway apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Avenue Gateway II | 1 Bedroom/1 Bath C | 1BR,1BA | $745 |
| Penn Square I | 2 Bedroom/1 Bath B | 2BR,1BA | $797 |
| The Eleanor | 1BR/1.0BA | 1BR,1BA | $1,199 |
| Elgin Townhomes | 2BR/1.0BA | 2BR,1BA | $1,250 |
| Northwest Townhomes | The Axis | 2BR,1BA | $1,280 |
| Ashburton | 3b | 3BR,1BA | $1,300 |
| Walbrook Mill Apartments | 2 Bedroom | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Panway, MD
As of April 30, 2026 the best value apartment in the Panway area is the $1.37 price per square foot 3b_r Model at Ashburton in the in the Burleith-Leighton neighborhood starting from $1,399. The second greatest value Panway apartment is the The Axis Model at Northwest Townhomes starting at $1,280 with a $1.27 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. |
|---|---|---|---|
| Ashburton | 3b_r | 3BR,1BA | $1.37 |
| Northwest Townhomes | The Axis | 2BR,1BA | $1.27 |
| Elgin Townhomes | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Walbrook Mill Apartments | 2 Bedroom | 2BR,1BA | $1.55 |
| Penn Square I | 1 Bedroom/1 Bath A | 1BR,1BA | $1.09 |
| 3609 W Forest Park Ave, Unit #2 | 3609 W Forest Park Ave | 1BR,1BA | $1.63 |
| North Avenue Gateway II | 1 Bedroom/1 Bath D | 1BR,1BA | $1.36 |
| The Eleanor | 1BR/1.0BA | 1BR,1BA | $4.00 |
Frequently Asked Questions about Cheap Panway Apartments
What is the price of a cheap apartment in Panway?
The cheapest apartment in Panway is North Avenue Gateway II which is listed at $745, 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 3 regular apartments in Panway that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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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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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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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