Cheap Homes for Rent in Penn North Neighborhood of Baltimore, MD from $400 (101 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 31 N Paca St

$850

Studio Rentals

Available Now

31 N Paca St

BaltimoreMD21201
property at 3500 Beech Ave

$875 - $1,099

Studio To 1 Bedroom Rentals

Available Now

3500 Beech Ave

BaltimoreMD21211

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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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 $647. 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$647
North Avenue Gateway2 bdr2BR,1BA$749
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Mt. Vernon PropertiesStudioStudio,1BA$800
Midtown at Coppin Heights3 Bed 1.5 Bath3BR,1BA$848
Wyman Hills0BR/1.0BAStudio,1BA$875
Renaissance at Reservoir HillOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Penn North, MD

As of December 19, 2025 the best value apartment in the Penn North area is the $0.54 price per square foot 927 N Calvert St Model at 927 N Calvert St, Unit 1F in the in the Inner Harbor neighborhood starting from $975. The second greatest value Penn North apartment is the 246 W Lanvale St Model at 246 W Lanvale St, Unit 3 starting at $1,450 with a $1.04 price per square foot in the Inner Harbor 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.
927 N Calvert St, Unit 1F927 N Calvert St3BR,2BA$0.54
246 W Lanvale St, Unit 3246 W Lanvale St2BR,1BA$1.04
3404 Alto Rd, Unit 2nd floor3404 Alto Rd2BR,1BA$1.00
The Chateau and The RivieraRiviera - Two Bedroom2BR,1BA$1.13
North Avenue Gateway2 bdr2BR,1BA$0.75
1015 N Calvert St1 Bedroom1BR,1BA$0.95
Penn Square2 bdr2BR,1BA$0.80
Ashburton Woods ApartmentsOne Bedroom/1 Bath1BR,1BA$1.05
1013 St Paul St, Unit 41013 St Paul St4BR,2BA$0.74
North Avenue Gateway II1 bdr1BR,1BA$1.06

Frequently Asked Questions about Penn North

What type of rentals are currently available in Penn North?

There are currently 1571 Apartments for Rent in Penn North, MD with pricing that ranges from $595 to $4,941. There are also 426 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn North ranging from $475 to $6,500.

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 $475 to $6,500 with an average monthly rent of $1,759.

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 $848 to $4,715, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,200. 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.

Articles, How-To's, and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!