Cheap Apartments for Rent in the Pen Lucy Neighborhood of Baltimore, MD from $600 (108 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 2572 McCulloh St

$995 - $1,350

1 To 4 Bedroom Rentals

Available Now

2572 McCulloh St

BaltimoreMD21217

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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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 Studio unit found at Oak Hill Townhomes priced from $750. Renaissance at Reservoir Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Pen Lucy apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Wyman Hills0BR/1.0BAStudio,1BA$899
Winston Estates1BR/1.0BA1BR,1BA$950
Peabody Apartments1 Bedroom1BR,1BA$950
Columbus School1 bdr1BR,1BA$951
Winston ApartmentsStudio 1 Bath - The AlamedaStudio,1BA$985
Yorkewood ApartmentsThe Williamsburg2BR,1BA$1,000
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1,034

Best Value Apartments for Rent in Pen Lucy, MD

As of January 25, 2026 the best value apartment in the Pen Lucy area is the $1.21 price per square foot 2100 Homewood Ave Model at 2100 Homewood Ave, Unit #2 in the in the Inner Harbor neighborhood starting from $1,500. 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.
2100 Homewood Ave, Unit #22100 Homewood Ave3BR,1BA$1.21
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
818 Whitelock St, Unit Apt. 4818 Whitelock St2BR,1.5BA$1.36
Whitelock Apartments1 Bedroom 1 Bath1BR,1BA$1.20
1504 Upshire Road - 82192BR/1.0BA2BR,1BA$1.40
4608 York Rd, Unit 24608 York Rd2BR,1BA$1.25
3501 N Charles St, Unit 3A3501 N Charles St1BR,1BA$1.31
4654 York Rd, Unit 24654 York Rd1BR,1BA$1.17
Winston Estates1BR/1.0BA1BR,1BA$1.20
Renaissance at Reservoir HillOne Bedroom1BR,1BA$1.15

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

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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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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 $1,034.

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

The cheapest apartment in Pen Lucy is Oak Hill Townhomes which is listed at $845, while the average apartment in Pen Lucy costs $4,250.

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 166 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 $1,242 which is $3,008 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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Articles, How-To's, and Tips

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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