Cheap Apartments for Rent in the Penn North Neighborhood of Baltimore, MD from $490 (337 Rentals)

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

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834 N Carey St, Unit 3
$850

Total Monthly Price

Base Rent$850
Total Monthly Price$850
1 Bedroom Apartment Available Oct 1

834 N Carey St, Unit 3

834 N Carey StBaltimore, MD 21217
Cost Per Sq.Ft.

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property at 105 W 39th St
$998

Total Monthly Price

Base Rent$998
Total Monthly Price$998
Studio, 1 Bath Home for Rent
Available Dec 31
Furnished

105 W 39th St

BaltimoreMD21210

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2314 Bryant Ave, Unit 1
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
1 Bedroom Apartment Available Now

2314 Bryant Ave, Unit 1

2314 Bryant AveBaltimore, MD 21217
Affordability
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1720 McCulloh St, Unit 4
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom Apartment Available Oct 1

1720 McCulloh St, Unit 4

1720 McCulloh StBaltimore, MD 21217
Cost Per Sq.Ft.

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property at 606 Cathedral St
$1,000 - $1,400
Studio To 1 Bedroom Rentals
Available Sep 19

606 Cathedral St

BaltimoreMD21201
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2526 Maryland Ave, Unit 2
$1,049

Total Monthly Price

Base Rent$1,049
Total Monthly Price$1,049
1 Bedroom Apartment Available Now

2526 Maryland Ave, Unit 2

2526 Maryland AveBaltimore, MD 21218
Cost Per Sq.Ft.
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Penn North, Baltimore, MD Local Guide

Cheapest Available Penn North Apartments for Rent

 

The cheapest available apartment rental in the Penn North area of Baltimore, MD is a 1 Bed unit found at Penn Square I priced from $600. 837 North Fulton Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Penn North apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square I1 Bedroom/1 Bath C1BR, 1BA$600
837 North Fulton Avenue1BR/0.5BA1BR, $600
1015 St Paul Street0BR/1.0BAStudio, 1BA$675
North Avenue Gateway II1 Bedroom/1 Bath C1BR, 1BA$745
Oak Hill Townhomes0BR/1.0BAStudio, 1BA$850
Renaissance at Reservoir HillOne Bedroom1BR, 1BA$880
Campus SquareStudioStudio, 1BA$890
1224 St Paul St0 Beds, 1 BathsStudio, 1BA$895
Midtown at Coppin Heights1 Bed 1 Bath1BR, 1BA$899

Best Value Apartments for Rent in Penn North, MD

As of September 18, 2026 the best value apartment in the Penn North area is the $0.40 price per square foot 0BR/1.0BA Model at 3007 N Calvert St in the Morgan State University neighborhood starting from $950. The second greatest value Penn North apartment is the 33 W North Ave Model at 33 W North Ave in the Inner Harbor neighborhood starting at $2,200 with a $1.10 price per square foot. Here is today’s list of the best values for Penn North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3007 N Calvert St0BR/1.0BAStudio, 1BA$0.40
33 W North Ave33 W North Ave3BR, 3BA$1.10
2920 Auchentoroly Ter, Unit A22920 Auchentoroly Ter2BR, 1BA$1.04
The Brown's LoftUnit 4012BR, 1.5BA$1.04
Union Rowe3 Bedroom3BR, 1BA$1.04
1017 Hollins St1017 Hollins St1BR, 1BA$1.04
The Chateau and The RivieraRiviera - Two Bedroom2BR, 1BA$1.13
Ashburton Woods ApartmentsTwo Bedroom/1 Bath2BR, 1BA$1.00
3306 Auchentoroly Ter, Unit Unit33306 Auchentoroly Ter2BR, 1BA$0.96
Penn Square I1 Bedroom/1 Bath A1BR, 1BA$1.09

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Real 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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Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Maryland including Penn North, Baltimore, and the greater Baltimore area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, apartment communities for the kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Penn North Apartments

What is a cheap apartment in Penn North?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn North is under $899.

What is the price of a cheap apartment in Penn North?

The cheapest apartment in Penn North is Penn Square I which is listed at $600, while the average apartment in Penn North costs $1,550.

What types of apartments are the cheapest in Penn North?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 363 regular apartments in Penn North that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penn North?

Cheap apartments in Penn North have an average cost of $909 which is $641 cheaper than the average rent for all rentals in Penn North.

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.

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