Cheap Apartments for Rent in the Pen Lucy Neighborhood of Baltimore, MD from $500 (161 Rentals)

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

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.

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property at 2317 Barclay St

$700 - $850

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $850
Total Monthly Price
$700 - $850

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2317 Barclay St

BaltimoreMD21218

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.

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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.

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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.

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property at 307 Whitridge Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 2 Bath Townhome for Rent

Available Aug 1

307 Whitridge Ave

BaltimoreMD21218

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.

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Showing Results 1-50, Page 1 of 4

Pen Lucy, Baltimore, MD Local Guide

Cheapest Available Pen Lucy Apartments for Rent

 

The cheapest available apartment rental in the Pen Lucy area of Baltimore, MD is a 1 Bed unit found at Columbus School Limited Partnership priced from $720. Oak Hill Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Pen Lucy apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$720
Oak Hill Townhomes0BR/1.0BAStudio,1BA$850
Willow Apartment Homes1BR/1.0BA1BR,1BA$850
Mayflower0x1Studio,1BA$865
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Winston Court Apartments1BR/1.0BA1BR,1BA$950
2629 N Charles St0 Beds, 1 BathsStudio,1BA$970

Best Value Apartments for Rent in Pen Lucy, MD

As of June 08, 2026 the best value apartment in the Pen Lucy area is the $0.67 price per square foot 4 Bedroom / 2 Bathrooms (leased per bedroom) Model at HH Cresmont in the in the Burleith-Leighton neighborhood starting from $1,079. The second greatest value Pen Lucy apartment is the Riviera - Two Bedroom Model at The Chateau and The Riviera starting at $1,350 with a $1.13 price per square foot in the Central Baltimore neighborhood. Here is today’s list of the best values for Pen Lucy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.67
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
Whitelock Apartments1 Bedroom 1 Bath1BR,1BA$1.20
Barclay Square Apartments2 Bedroom 1 Bath2BR,1BA$1.27
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$1.15
Winston Court Apartments1BR/1.0BA1BR,1BA$1.20
Columbus School Limited Partnership1 Bedroom/1 Bath J1BR,1BA$0.92
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15
2503 N Calvert St, Unit 12503 N Calvert St1BR,1BA$1.20
Willow Apartment Homes1BR/1.0BA1BR,1BA$1.15

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Pen Lucy, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Baltimore, Maryland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Pen Lucy Apartments

What is a cheap apartment in Pen Lucy?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pen Lucy is under $970.

What is the price of a cheap apartment in Pen Lucy?

The cheapest apartment in Pen Lucy is Columbus School Limited Partnership which is listed at $720, while the average apartment in Pen Lucy costs $2,700.

What types of apartments are the cheapest in Pen Lucy?

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 154 regular apartments in Pen Lucy 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 Pen Lucy?

Cheap apartments in Pen Lucy have an average cost of $991 which is $1,709 cheaper than the average rent for all rentals in Pen Lucy.

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

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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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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.

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Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Written by: Sarah Bregel

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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.

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Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.