Cheap Homes for Rent in Penn North Neighborhood of Baltimore, MD from $500 (128 Rentals)

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

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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

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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 priced from $600. North Avenue Gateway II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Penn North apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Penn Square1 bdr1BR,1BA$600
North Avenue Gateway II1 bdr1BR,1BA$745
North Avenue Gateway2 bdr2BR,1BA$749
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
22 LightOne Bedroom1BR,1BA$915

Best Value Apartments for Rent in Penn North, MD

As of February 06, 2026 the best value apartment in the Penn North 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 North apartment is the 3213 Dorchester Rd Model at 3213 Dorchester Rd, Unit 2 starting at $950 with a $0.35 price per square foot in the Burleith-Leighton neighborhood. 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.
836 Park Ave, Unit #A836 Park Ave2BR,2.5BA$1.03
3213 Dorchester Rd, Unit 23213 Dorchester Rd2BR,1BA$0.35
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
3404 Alto Rd, Unit 2nd floor3404 Alto Rd2BR,1BA$1.00
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
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74

Frequently Asked Questions about Penn North

What type of rentals are currently available in Penn North?

There are currently 1574 Apartments for Rent in Penn North, MD with pricing that ranges from $595 to $6,997. There are also 441 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn North ranging from $500 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn North ranges from $500 to $5,500 with an average monthly rent of $1,791.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn North range from $1,025 to $4,715, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $600 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

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Articles, How-To's, and Tips

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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.