
Apartments for Rent with Specials in the Penn Fallsway Neighborhood of Baltimore, MD (38 Rentals)
Apartments in the Penn Fallsway area of Baltimore with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


VIVO Living Baltimore

500 Park Avenue

520 Park Avenue

Elms Fells Point

Allied Harbor Point

Avalon 555 President

9 E. Mount Royal

Luminary at One Light
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.

414 Light Street

1111 Light Street

Total Monthly Price
The Crescent at Fells Point

Spinnaker Bay at Harbor East

Total Monthly Price
Marketplace at Fells Point

Symphony Center Apartments

Arrive Inner Harbor

Sail Cloth Factory Apartments

Arrive Union Wharf
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.

The Fitzgerald

The Eden

500 W Fayette St.

222 Saratoga

Howard Row

Guilford Row

Parsonage Place Apartments

611 Park Avenue

Heath Street Lofts
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.

Harbor Hill Apartments

Live 501

The Severn

Beethoven Apartments

St James Place

405 W Redwood Apartments

Total Monthly Price
Wheelhouse Co-Living

824 N Calvert St

The Promenade at Harbor East
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.

The Chateau and The Riviera

Renaissance at Reservoir Hill
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 | $1,536 | $600 | $6,000 |
| Penn Fallsway 1 Bedroom Apartments | $1,832 | $500 | $4,990 |
| Penn Fallsway 2 Bedroom Apartments | $2,397 | $949 | $7,300 |
| Penn Fallsway 3 Bedroom Apartments | $2,660 | $1,040 | $5,720 |
| Penn Fallsway 4 Bedroom Apartments | $2,162 | $1,000 | $7,500 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Penn Fallsway Neighborhood of Baltimore, MD.
See all Apartments in BaltimoreExplore Baltimore
Penn Fallsway, Baltimore, MD Local Guide
- Nearby Baltimore neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Top Baltimore Apartments in the Penn Fallsway Area with Move-In Specials Ending Soon
Specials updated: 03-17-2026Take advantage of these move-in and rent specials that are ending soon for top Penn Fallsway, MD apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
1111 Light Street
Spring Forward into a New Home: ONE MONTH FREE! ?? *Select Apartments OnlyExpires 03-18-2026
The Crescent at Fells Point
Lease within 48 hours and receive up to 1 MONTH of base rent free. Move in by 4/15. * Base rent. Minimum lease terms apply. Other costs and fees excluded. New applicants only.Expires 03-18-2026
Wheelhouse Co-Living
Enjoy 2 Months of Free Base Rent When You Move in by 1/31/26!* *minimum lease terms apply. other costs and fees excluded.Expires 03-18-2026
Avalon 555 President
* Apply by 3/18 for 1.5 months free! * Terms and conditions apply.Expires 03-18-2026
405 W Redwood Apartments
Please note that Electric is always FREE when you are a resident at our community.Expires 03-18-2026
Spinnaker Bay at Harbor East
ONE MONTH FREE Move by 3/31/26! (base rent) Apply within 48 hours waived app fee & security deposit *Restrictions May ApplyExpires 03-18-2026
222 Saratoga
1.5 MONTHS FREE for move-ins completed by 3/31/26! Look & Lease within 48 hours to receive a waived application fee and reduced security deposit!Expires 03-18-2026
Arrive Union Wharf
Enjoy 6 weeks FREE rent when you apply by 3/31 and move-in by 4/30! Offer valid on 12+ month lease terms. Please see a Leasing Consultant for details and restrictions.Expires 03-18-2026
520 Park Avenue
?? “Lucky Lease” Special ?? Open House Event Saturday, March 14th ; Move in by March 31, 2026, and receive ONE MONTH FREE! - Open House Event Saturday, March 14th 12:00 PM – 4:00 PM Join us for a St. Patrick’s Day–themed celebration and tour our beautiful community! ? Apply onsite and spin our Prize Wheel for a chance to win exciting giveaways!Expires 03-18-2026
Arrive Inner Harbor
March Madness! Enjoy 6 weeks FREE rent when you apply by 3/31! Offer valid on 12+ month lease terms. Please see a Leasing Consultant for details and restrictions.Expires 03-18-2026
Newly Listed Move-In Specials offers for Apartments in Penn Fallsway, MD
Specials updated: 03-17-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Penn Fallsway, MD. Be sure to take advantage of some of the area’s top offers.
9 E. Mount Royal
Waived App fee (returned via rent credit). LOCATED DIRECTLY ACROSS FROM UB LAW SCHOOL & PENN STATIONExpires 02-29-2028
824 N Calvert St
Located near UB ,JHU & UMD!- Heart of Mt Vernon!Expires 02-04-2027
Live 501
Utilities are billed at a flat rate on a monthly bases so your cost NEVER change!!Expires 08-31-2026
Renaissance at Reservoir Hill
Waived Application FeeExpires 08-01-2030
500 W Fayette St.
Join 500 W and enjoy fully furnished apartments, all utilities included, and modern amenities in downtown Baltimore. Contact us today! * Rents and Leases are per bed!Expires 11-30-2026
Parsonage Place Apartments
Receive 1 month free with qualifying applications on a 13 month lease! Now-April 1st.Expires 04-01-2026
Guilford Row
$1000 off 1st Months Rent with qualifying applications!Expires 04-30-2026
HH Cresmont
Look and Lease Special: Waived admin ($150) and application fee's ($25) if a prospect signs a lease within 24 hrs of the tour.Expires 03-31-2027
The Chateau and The Riviera
WE HAVE REDUCED RENT SPECIALS. CONTACT US TODAY TO LEARN MORE.Expires 03-31-2026
Harbor Hill Apartments
LEASE BY 3/15/26 AND RECEIVE 1 MONTH FREE ON A 12 MONTH LEASExpires 03-18-2026
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.
Pet Friendly LifestylePenn Fallsway, Baltimore, MD
Ranked #15
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Rent Specials Penn Fallsway Apartments
What is the Cheapest Rent Specials apartment in Penn Fallsway?
Currently the most affordable Rent Specials Apartment in Penn Fallsway is at Renaissance at Reservoir Hill listed at $880.
How much is the average rent for a Rent Specials Penn Fallsway Apartment?
The average rent for a Rent Specials Apartment in Penn Fallsway is $2,322.
What is the largest Rent Specials Penn Fallsway Apartment for rent?
Today's Rent Specials apartment with the most square footage in Penn Fallsway is a 2,828 square feet unit starting from $2,175 at Symphony Center Apartments.
What is the average size for Penn Fallsway Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Penn Fallsway is currently at 609 sq ft.
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

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.

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.