
Cheap Apartments for Rent in the Panway Neighborhood of Baltimore, MD from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Panway area of Baltimore.


2311 Anoka Ave

3320 Auchentoroly Terrace

1706 N Bentalou St

Midtown at Coppin Heights
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.

2136 N Fulton Ave

Elgin Townhomes

1432 N Fulton Ave

Penn Square

Metro Heights at Mondawmin
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.

North Avenue Gateway II

North Avenue Gateway

3320 Presstman St

Pangea Oaks

3302 Clifton Ave
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.

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 Studio Apartments | $1,099 | $1,099 | $1,099 |
| Panway 1 Bedroom Apartments | $1,047 | $650 | $1,500 |
| Panway 2 Bedroom Apartments | $1,240 | $990 | $2,000 |
| Panway 3 Bedroom Apartments | $1,407 | $1,396 | $1,418 |
| Panway 4 Bedroom Apartments | $1,186 | $983 | $1,390 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Panway Neighborhood of Baltimore, MD.
See all Apartments in BaltimoreExplore Baltimore
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 Penn Square priced from $600. North Avenue Gateway II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Panway apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penn Square | 1 bdr | 1BR,1BA | $600 |
| North Avenue Gateway II | 1 bdr | 1BR,1BA | $745 |
| North Avenue Gateway | 2 bdr | 2BR,1BA | $749 |
| Midtown at Coppin Heights | 4 Bed 2 Bath | 4BR,2BA | $983 |
| Ashburton | 1bl | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Panway, MD
As of January 26, 2026 the best value apartment in the Panway area is the $1.12 price per square foot 2735 W North Ave Model at 2735 W North Ave, Unit #2 in the in the Burleith-Leighton neighborhood starting from $1,325. The second greatest value Panway apartment is the 3b Model at Ashburton starting at $1,300 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. |
|---|---|---|---|
| 2735 W North Ave, Unit #2 | 2735 W North Ave | 1BR,1BA | $1.12 |
| Ashburton | 3b | 3BR,1BA | $1.27 |
| Northwest Townhomes | The Axis | 2BR,1BA | $1.27 |
| North Avenue Gateway | 2 bdr | 2BR,1BA | $0.75 |
| Penn Square | 2 bdr | 2BR,1BA | $0.80 |
| Walbrook Mill Apartments | 2 Bedroom | 2BR,1BA | $1.45 |
| Midtown at Coppin Heights | 2 Bed 1 Bath | 2BR,1BA | $1.31 |
| 3609 W Forest Park Ave, Unit #2 | 3609 W Forest Park Ave | 1BR,1BA | $2.22 |
| North Avenue Gateway II | 1 bdr | 1BR,1BA | $1.22 |
| The Eleanor | 1BR/1.0BA | 1BR,1BA | $4.44 |
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 $1,407.
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 17 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
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.

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.

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

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.

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.

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.

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.