Cheap Homes for Rent in Penn Fallsway Neighborhood of Baltimore, MD from $600 (131 Rentals)

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

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 1602 N Broadway

1602 N Broadway

BaltimoreMD21213

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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property at 2103 Belair Rd

2103 Belair Rd

BaltimoreMD21213

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.

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Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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property at 148 N East Ave

148 N East Ave

BaltimoreMD21224
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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 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 ListingModel NameBed/BathPriced From
Mary Harvin House1 bdr1BR,1BA$575
Columbus School1 bdr1BR,1BA$662
St Paul St 8170BR/1.0BAStudio,1BA$745
Penn Square2 bdr2BR,1BA$768
Wheelhouse Co-Living4B1BR,1BA$822
Cathedral St 300Studio ApartmentStudio,1BA$849
EastView on the AvenueOne Bedroom1BR,1BA$880

Best Value Apartments for Rent in Penn Fallsway, MD

As of June 01, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1038 S Charles St, Unit 11038 S Charles St2BR,2BA$0.92
615 N Calhoun St, Unit 101615 N Calhoun St2BR,1BA$0.94
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1721 McCulloh St, Unit 31721 McCulloh St1BR,1BA$0.85
832 N Carey St, Unit 2832 N Carey St1BR,1BA$0.88
Penn Square2 bdr2BR,1BA$0.80
Columbus School1 bdr1BR,1BA$0.84
Mary Harvin House1 bdr1BR,1BA$0.83

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Penn Fallsway

What type of rentals are currently available in Penn Fallsway?

There are currently 1592 Apartments for Rent in Penn Fallsway, MD with pricing that ranges from $700 to $16,900. There are also 448 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Fallsway ranging from $600 to $6,800.

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 $600 to $6,800 with an average monthly rent of $2,409.

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 $1,094 to $8,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,500. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $1,025.

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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.