Cheap Homes for Rent in Penn Fallsway Neighborhood of Baltimore, MD from $400 (120 Rentals)

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Search the lowest-cost Homes available for rent right now in the Penn Fallsway area of Baltimore.

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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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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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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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.

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property at 1620 N Calvert St

$850

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1620 N Calvert St

BaltimoreMD21202

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.

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Penn Fallsway, Baltimore, MD Local Guide

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 Penn Square priced from $600. Oak Hill Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Penn Fallsway apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square1 bdr1BR,1BA$600
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
22 LightOne Bedroom1BR,1BA$915
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933

Best Value Apartments for Rent in Penn Fallsway, MD

As of February 02, 2026 the best value apartment in the Penn Fallsway area is the $1.03 price per square foot 836 Park Ave Model at 836 Park Ave, Unit #A in the in the Inner Harbor neighborhood starting from $3,050. The second greatest value Penn Fallsway apartment is the 30 E Preston St Model at 30 E Preston St, Unit B starting at $2,790 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
836 Park Ave, Unit #A836 Park Ave2BR,2.5BA$1.03
30 E Preston St, Unit B30 E Preston St3BR,3BA$1.07
2026 Druid Hill Ave, Unit 22026 Druid Hill Ave3BR,3BA$0.85
Barclay Greenmount4 Bedroom4BR,1.5BA$0.98
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.64
1720 McCulloh St, Unit 41720 McCulloh St1BR,1BA$0.85
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80
Queen Esther Apartments2 bedroom townhome2BR,1BA$1.05
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74

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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The 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.

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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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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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Pet Friendly Lifestyle
Penn Fallsway, Baltimore, MD

Ranked #12

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Penn Fallsway

What type of rentals are currently available in Penn Fallsway?

There are currently 1573 Apartments for Rent in Penn Fallsway, MD with pricing that ranges from $595 to $7,872. There are also 613 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Fallsway ranging from $450 to $12,500.

What is the current price range for Rental Homes in Penn Fallsway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Fallsway ranges from $450 to $12,500 with an average monthly rent of $3,418.

How much are larger Three and Four Bedroom Rentals in Penn Fallsway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Fallsway range from $1,040 to $5,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,800. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $595.

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

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

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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.

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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.

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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.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.