
Cheap Homes for Rent in Panway Neighborhood of Baltimore, MD from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Panway area of Baltimore.


2933 Presstman St

1026 Poplar Grove St

1211 Poplar Grove St

3121 Windsor Ave
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.

2311 Anoka Ave

1211 Poplar Grove St

2933 Presstman St

1108 N Fulton

1633 N Payson St
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.

2018 N Monroe St

3403 Park Heights Ave, Unit 1

3116 Leighton Ave

3320 Auchentoroly Terrace, Unit 3

3308 Auchentoroly Terrace, Unit 3
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.

3436 Auchentoroly Terrace
Panway, Baltimore, MD Local Guide

How much does it cost to rent a home in Panway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panway 2 Bedroom Homes for Rent | $1,531 | $900 | $2,200 |
| Panway 3 Bedroom Homes for Rent | $1,777 | $1,199 | $2,500 |
| Panway 4 Bedroom Homes for Rent | $2,311 | $1,900 | $3,280 |
| Panway 5 Bedroom Homes for Rent | $1,525 | $800 | $1,975 |
| Panway 6 Bedroom Homes for Rent | $3,100 | $2,000 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Panway Neighborhood of Baltimore, MD.
Explore 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 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 |
| 2210 Roslyn Ave | 1BR/1.0BA | 1BR,1BA | $999 |
| The Eleanor | 1BR/1.0BA | 1BR,1BA | $1,199 |
| Elgin Townhomes | 2BR/1.0BA | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Panway, MD
As of June 12, 2026 the best value apartment in the Panway area is the $0.69 price per square foot 3213 Dorchester Rd Model at 3213 Dorchester Rd, Unit 2 in the in the Burleith-Leighton neighborhood starting from $1,850. The second greatest value Panway apartment is the 2920 Auchentoroly Ter Model at 2920 Auchentoroly Ter, Unit Unit A2 starting at $1,700 with a $0.89 price per square foot in the Druid Hill Park 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. |
|---|---|---|---|
| 3213 Dorchester Rd, Unit 2 | 3213 Dorchester Rd | 2BR,1BA | $0.69 |
| 2920 Auchentoroly Ter, Unit Unit A2 | 2920 Auchentoroly Ter | 2BR,1BA | $0.89 |
| Elgin Townhomes | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Walbrook Mill Apartments | 2 Bedroom | 2BR,1BA | $1.55 |
| 3407 Elgin Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.56 |
| Penn Square I | 1 Bedroom/1 Bath A | 1BR,1BA | $1.09 |
| North Avenue Gateway II | 1 Bedroom/1 Bath A | 1BR,1BA | $1.46 |
| 2210 Roslyn Ave | 1BR/1.0BA | 1BR,1BA | $1.67 |
| The Eleanor | 1BR/1.0BA | 1BR,1BA | $4.00 |
Frequently Asked Questions about Panway
What type of rentals are currently available in Panway?
There are currently 131 Apartments for Rent in Panway, MD with pricing that ranges from $550 to $2,250. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panway ranging from $500 to $4,200.
What is the current price range for Rental Homes in Panway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Panway ranges from $500 to $4,200 with an average monthly rent of $1,834.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.