843 Hollins St
BaltimoreMD21201
Cheap Homes for Rent in Penn Fallsway Neighborhood of Baltimore, MD from $400 (98 Rentals)
Search the lowest-cost Homes available for rent right now in the Penn Fallsway area of Baltimore.
3009 Federal St
BaltimoreMD21213
716 E 23rd St
BaltimoreMD21218
2001 Boone St
BaltimoreMD21218
1607 Division St
BaltimoreMD21217
2103 Belair Rd
BaltimoreMD21213
710 N Fulton Ave
BaltimoreMD21217
837 N Fulton Ave
BaltimoreMD21217
2501 Linden Ave
BaltimoreMD21217
833 N Fulton Ave
BaltimoreMD21217
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.
1233 N Luzerne Ave
BaltimoreMD21213
428 N Lakewood Ave
BaltimoreMD21224
428 N Lakewood Ave
BaltimoreMD21224
1614 E 28th St, Unit I, Unit I
1614 E 28th St
BaltimoreMD21218
1627 N Milton Ave
BaltimoreMD21213
833 Ramsay St
BaltimoreMD21230
1255 Sargeant St
BaltimoreMD21223
2322 Aiken St
BaltimoreMD21218
219 Penn St, Unit 2nd Floor Shared Bathroom, Unit 2nd Floor Shared Bathroom
219 Penn St
BaltimoreMD21230
219 Penn Street - 2nd Floor + Private Bathroom
BaltimoreMD21230
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.
428 N Lakewood Ave
BaltimoreMD21224
428 N Lakewood Ave
BaltimoreMD21224
2926 E Fayette St
BaltimoreMD21224
646 W Conway St
BaltimoreMD21230
833 N Fulton Ave
BaltimoreMD21217
2123 Sinclair Ln
BaltimoreMD21213
1025 N Carey St
BaltimoreMD21217
1255 Sargeant St
BaltimoreMD21223
210 N Mount St
BaltimoreMD21223
1607 Division St
BaltimoreMD21217
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.
1627 N Milton Ave
BaltimoreMD21213
2103 Belair Rd
BaltimoreMD21213
1729 N Caroline St
BaltimoreMD21213
710 N Fulton Ave
BaltimoreMD21217
1216 W Lafayette Ave
BaltimoreMD21217
825 N Fulton Ave
BaltimoreMD21217
123 Parkin St
BaltimoreMD21201
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$8001 Bedroom Apartments Available Now
1421 S Carey St, Unit C2
1421 S Carey StBaltimore, MD 21230
815 N Caroline St
BaltimoreMD21205
110 W Hamburg St
BaltimoreMD21230
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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$8501 Bedroom Apartments Available Now
1021 W Baltimore St, Unit C
1021 W Baltimore StBaltimore, MD 21223
833 Ramsay St
BaltimoreMD21230
2326 McCulloh St
BaltimoreMD21217
127 N Patterson Park Ave
BaltimoreMD21231
1232 W Lombard St
BaltimoreMD21223
1334 Druid Hill Ave
BaltimoreMD21217
2045 E 31st St
BaltimoreMD21218
1712 W Lombard St
BaltimoreMD21223
833 Ramsay St
BaltimoreMD21230
214 S Regester St
BaltimoreMD21231
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.
Penn Fallsway, Baltimore, MD Local Guide
How much does it cost to rent a home in Penn Fallsway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Fallsway 2 Bedroom Homes for Rent | $1,857 | $1,150 | $4,000 |
| Penn Fallsway 3 Bedroom Homes for Rent | $2,155 | $720 | $8,500 |
| Penn Fallsway 4 Bedroom Homes for Rent | $2,643 | $550 | $10,000+ |
| Penn Fallsway 5 Bedroom Homes for Rent | $2,535 | $895 | $3,980 |
| Penn Fallsway 6 Bedroom Homes for Rent | $1,625 | $750 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 98 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 Columbus School Limited Partnership priced from $720. Penn Square I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $797. Here are the most affordable Penn Fallsway apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Columbus School Limited Partnership | 1 Bedroom/1 Bath J | 1BR,1BA | $720 |
| Penn Square I | 2 Bedroom/1 Bath B | 2BR,1BA | $797 |
| Oak Hill Townhomes | 0BR/1.0BA | Studio,1BA | $825 |
| Renaissance at Reservoir Hill | One Bedroom | 1BR,1BA | $880 |
| Campus Square | Studio | Studio,1BA | $890 |
| Hampton Court Apartments | One Bedroom | 1BR,1BA | $900 |
| HI-1001 W Lafayette Ave | 1/1 | 1BR,1BA | $900 |
Best Value Apartments for Rent in Penn Fallsway, MD
As of May 07, 2026 the best value apartment in the Penn Fallsway area is the $1.10 price per square foot 836 Park Ave Model at 836 Park Ave, Unit Penthousew-Roof-TopDeck in the in the Inner Harbor neighborhood starting from $3,250. The second greatest value Penn Fallsway 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 Penn Fallsway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 836 Park Ave, Unit Penthousew-Roof-TopDeck | 836 Park Ave | 2BR,2.5BA | $1.10 |
| 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 |
| 1718 McCulloh St, Unit 1 | 1718 McCulloh St | 1BR,1BA | $0.95 |
| 1716 McCulloh St, Unit 2 | 1716 McCulloh St | Studio ,1BA | $0.88 |
| 1720 McCulloh St, Unit 4 | 1720 McCulloh St | 2BR,1BA | $1.00 |
| Queen Esther Apartments | 2 bedroom townhome | 2BR,1BA | $1.05 |
| HI-1001 W Lafayette Ave | 1/1 | 1BR,1BA | $1.13 |
| Columbus School Limited Partnership | 1 Bedroom/1 Bath J | 1BR,1BA | $0.92 |
| Penn Square I | 1 Bedroom/1 Bath A | 1BR,1BA | $1.09 |
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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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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 LifestylePenn Fallsway, Baltimore, MD
Ranked #11
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Penn Fallsway
What type of rentals are currently available in Penn Fallsway?
There are currently 1580 Apartments for Rent in Penn Fallsway, MD with pricing that ranges from $775 to $18,000. There are also 526 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Fallsway ranging from $475 to $11,000.
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 $475 to $11,000 with an average monthly rent of $1,892.
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 $5,611, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $8,500. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $1,079.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.