
Cheap Apartments for Rent in the Penn Fallsway Neighborhood of Baltimore, MD from $400 (322 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Fallsway area of Baltimore.


2103 Belair Rd

1607 Division St

833 Ramsay St

2800 The Alameda

2501 Linden Ave

837 N Fulton Ave

833 N Fulton Ave

1255 Sargeant St
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.

3009 Federal St

2509 N Charles St

1334 Druid Hill Ave

St Paul St 817

1233 N Luzerne Ave

123 Parkin St

428 N Lakewood Ave

1602 N Broadway

1602 N Broadway
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

832 N Eutaw St

428 N Lakewood Ave

837 N Fulton Ave

2103 Belair Rd

1233 N Luzerne Ave

146 N East Ave

1255 Sargeant St

Wheelhouse Co-Living

Oak Hill Townhomes
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Cathedral St 300

300 Cathedral St

1714 Park Ave

1721 McCulloh St, Unit 3

2018 N Charles St

710 N Fulton Ave

2726 Beryl Ave

215 S Mount St

Mt. Vernon Properties

2701 N Calvert St
Baltimore's Best Affordable Neighborhoods
Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

EastView on the Avenue

The Tobee - Cathedral St 311

1005 N Charles St

Hampton Court Apartments

833 N Fulton Ave

1604 LOCHWOOD Rd

Saint Paul Regency

St James Place

Vivo Living Baltimore
Penn Fallsway, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Penn Fallsway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penn Fallsway Studio Apartments | $1,432 | $740 | $2,605 |
Penn Fallsway 1 Bedroom Apartments | $1,897 | $700 | $5,038 |
Penn Fallsway 2 Bedroom Apartments | $2,490 | $895 | $10,000+ |
Penn Fallsway 3 Bedroom Apartments | $2,688 | $1,094 | $8,100 |
Penn Fallsway 4 Bedroom Apartments | $1,876 | $1,025 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 322 rentals with your search options within a 2 mile radius of the Penn Fallsway Neighborhood of Baltimore, MD.
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Penn Fallsway, Baltimore, MD Local Guide
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Cheapest Available Penn Fallsway Apartments for Rent
 The cheapest available apartment rental in the Penn Fallsway area of Baltimore, MD is a 1 Bed unit found at Mary Harvin House priced from $575. Columbus School has the second lowest priced unit, which is a 1 Bed apartment currently listed from $662. Here are the most affordable Penn Fallsway apartments for rent in Baltimore, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mary Harvin House | 1 bdr | 1BR,1BA | $575 |
Columbus School | 1 bdr | 1BR,1BA | $662 |
St Paul St 817 | 0BR/1.0BA | Studio,1BA | $745 |
Penn Square | 2 bdr | 2BR,1BA | $768 |
Wheelhouse Co-Living | 4B | 1BR,1BA | $822 |
Cathedral St 300 | Studio Apartment | Studio,1BA | $849 |
EastView on the Avenue | One Bedroom | 1BR,1BA | $880 |
Best Value Apartments for Rent in Penn Fallsway, MD
As of June 02, 2025 the best value apartment in the Penn Fallsway area is the $0.92 price per square foot 1038 S Charles St Model at 1038 S Charles St, Unit 1 in the in the Inner Harbor neighborhood starting from $1,650. The second greatest value Penn Fallsway apartment is the 615 N Calhoun St Model at 615 N Calhoun St, Unit 101 starting at $1,200 with a $0.94 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Penn Fallsway apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1038 S Charles St, Unit 1 | 1038 S Charles St | 2BR,2BA | $0.92 |
615 N Calhoun St, Unit 101 | 615 N Calhoun St | 2BR,1BA | $0.94 |
Renaissance at Reservoir Hill | Two Bedrooms One Bath | 2BR,1BA | $0.81 |
1718 McCulloh St, Unit 1 | 1718 McCulloh St | 1BR,1BA | $0.95 |
834 N Carey St, Unit 3 | 834 N Carey St | 1BR,1BA | $0.85 |
1721 McCulloh St, Unit 3 | 1721 McCulloh St | 1BR,1BA | $0.85 |
832 N Carey St, Unit 2 | 832 N Carey St | 1BR,1BA | $0.88 |
Penn Square | 2 bdr | 2BR,1BA | $0.80 |
Columbus School | 1 bdr | 1BR,1BA | $0.84 |
Mary Harvin House | 1 bdr | 1BR,1BA | $0.83 |
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.
Pet Friendly LifestylePenn Fallsway, Baltimore, MD
Ranked #24
Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Penn Fallsway, Baltimore, and the greater Baltimore area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Penn Fallsway Neighborhood in Baltimore, MD
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Penn Fallsway Apartments
What is the Cheapest Studio apartment in Penn Fallsway?
Currently the most affordable Cheap Studio Apartment in Penn Fallsway is at St Paul St 817 listed at $745.
How much is rent for a Cheap One Bedroom Penn Fallsway Apartment?
The lowest price for a Cheap One Bedroom Penn Fallsway Apartment is $575 at Mary Harvin House.
What is the lowest price for a Cheap Two Bedroom Penn Fallsway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penn Fallsway is starting from $768 at Penn Square.
What is the most affordable Penn Fallsway Three Bedroom Apartment?
The best deal on a cheap Penn Fallsway Three Bedroom Apartment rental is at Penn Square and starts from $915.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.