
Cheap Homes for Rent in Pen Lucy Neighborhood of Baltimore, MD from $500 (61 Rentals)
Search the lowest-cost Homes available for rent right now in the Pen Lucy area of Baltimore.


2800 The Alameda

3445 Juneway

5324 Ready Ave

716 E 23rd St

2001 Boone St

2501 Linden Ave

1212 Sherwood Ave

1614 E 28th St, Unit I, Unit I

2322 Aiken St
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.

507 E Cold Spring Ln, Unit Room 2

2103 Belair Rd

507 E Cold Spring Ln, Unit Room 3

2800 The Alameda

1012 E 36th St, Unit 3, Unit 3

2123 Sinclair Ln

518 Tunbridge Rd

617 Glenwood Ave

2878 Harford Rd

6106 Maylane Dr
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.

902 Gorsuch Ave

2720 Maryland Ave

1903 Lydonlea Way

404 Venable Ave

3712 Parkside Dr, Unit Unit 1C

1014 Dartmouth Rd

116 W 25th St

1511 Woodbourne Ave

1511 Woodbourne Ave

516 Beaumont Ave
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.

2426 St Paul St

5626 Midwood Ave

600 E 38th St

2906 Grindon Ave

105 W 39th St, Unit SI FL3-ID1061321P

1315 W 37th St, Unit Basement

2839 N Calvert St, Unit 3, Unit 3

2938 St Paul St

2348 Eutaw Pl

700 Woodbourne Ave, Unit 5
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.

3902 Erdman Ave

3317 Lyndale Ave

1109 Meridene Dr

6103 Chinquapin Pkwy

3221 The Alameda

1628 E 25th St

2339 Eutaw Pl, Unit Unit 1

2544 Druid Hill Ave

1121 Whitelock St

5515 Hillen Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Pen Lucy, Baltimore, MD Local Guide

How much does it cost to rent a home in Pen Lucy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pen Lucy 2 Bedroom Homes for Rent | $1,651 | $1,100 | $2,500 |
| Pen Lucy 3 Bedroom Homes for Rent | $2,005 | $1,245 | $3,250 |
| Pen Lucy 4 Bedroom Homes for Rent | $2,510 | $500 | $3,995 |
| Pen Lucy 5 Bedroom Homes for Rent | $3,555 | $2,595 | $6,000 |
| Pen Lucy 6 Bedroom Homes for Rent | $2,600 | $500 | $4,750 |
Browse Homes for Rent in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the Pen Lucy Neighborhood of Baltimore, MD.
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Pen Lucy, Baltimore, MD Local Guide
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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 $825. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Hill Townhomes | 0BR/1.0BA | Studio,1BA | $825 |
| Renaissance at Reservoir Hill | One Bedroom | 1BR,1BA | $880 |
| Peabody Apartments | 1 Bedroom | 1BR,1BA | $950 |
| Winston Estates | 1BR/1.0BA | 1BR,1BA | $950 |
| Yorkewood Apartments | The Squire | 2BR,1BA | $1,000 |
| The Marylander Apartment Homes | Studio | Studio,1BA | $1,025 |
| Campus Square | Studio | Studio,1BA | $1,030 |
| Wyman Towers | 0BR/1.0BA | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Pen Lucy, MD
As of April 16, 2026 the best value apartment in the Pen Lucy area is the $1.36 price per square foot 3 BED / 2 BATH Model at Melrose Apartments in the in the Mid-Govans neighborhood starting from $2,595. The second greatest value Pen Lucy apartment is the 4 Bedroom / 2 Bathrooms (leased per bedroom) Model at HH Cresmont starting at $1,079 with a $0.67 price per square foot in the Burleith-Leighton neighborhood. Here is today’s list of the best values for Pen Lucy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Melrose Apartments | 3 BED / 2 BATH | 3BR,2BA | $1.36 |
| HH Cresmont | 4 Bedroom / 2 Bathrooms (leased per bedroom) | 4BR,2BA | $0.67 |
| The Chateau and The Riviera | Riviera - Two Bedroom | 2BR,1BA | $1.13 |
| 803 Druid Park Lake Dr, Unit B | 803 Druid Park Lake Dr | 2BR,2BA | $1.33 |
| 2920 E Cold Spring Ln, Unit Room for rent | 2920 E Cold Spring Ln | 4BR,1BA | $0.63 |
| 4608 York Rd, Unit 2 | 4608 York Rd | 2BR,1BA | $1.25 |
| Whitelock Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.20 |
| 4654 York Rd, Unit Unit 2 | 4654 York Rd | 1BR,1BA | $1.17 |
| Winston Estates | 1BR/1.0BA | 1BR,1BA | $1.20 |
| Renaissance at Reservoir Hill | One Bedroom | 1BR,1BA | $1.15 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleBeyond 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.
Read ArticleQuick 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.
Best Local Schools in Pen Lucy, Baltimore, MD
Walter P. Carter Elementary School
School data provided by Great Schools
Frequently Asked Questions about Pen Lucy
What type of rentals are currently available in Pen Lucy?
There are currently 523 Apartments for Rent in Pen Lucy, MD with pricing that ranges from $700 to $4,725. There are also 225 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pen Lucy ranging from $500 to $6,000.
What is the current price range for Rental Homes in Pen Lucy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pen Lucy ranges from $500 to $6,000 with an average monthly rent of $2,214.
How much are larger Three and Four Bedroom Rentals in Pen Lucy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pen Lucy range from $1,089 to $4,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,245 to $3,250. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $700.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.