Cheap Homes for Rent in Penn North Neighborhood of Baltimore, MD from $500 (98 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 424 E North Ave

424 E North Ave

BaltimoreMD21202
Showing Results 1-50, Page 1 of 2

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
Midtown at Coppin Heights2 Bed 1 Bath2BR,1BA$697
Oak Hill TownhomesStudio ApartmentStudio,1BA$750
Wyman Hills0BR/1.0BAStudio,1BA$875
Ashburton Woods ApartmentsOne Bedroom/1 Bath1BR,1BA$895
Hampton Court ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Penn North, MD

As of November 02, 2025 the best value apartment in the Penn North area is the $1.06 price per square foot Unit 6 Model at 407 N Charles St in the in the Inner Harbor neighborhood starting from $2,200. The second greatest value Penn North apartment is the 2BR/2.0BA Model at Multi-Family Lofts Units starting at $2,000 with a $1.00 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.
407 N Charles StUnit 64BR,3.5BA$1.06
Multi-Family Lofts Units2BR/2.0BA2BR,2BA$1.00
2920 Auchentoroly Ter, Unit A22920 Auchentoroly Ter2BR,1BA$0.95
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
1015 N Calvert St1 Bedroom1BR,1BA$0.95
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
Ashburton Woods ApartmentsOne Bedroom/1 Bath1BR,1BA$1.02
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 1576 Apartments for Rent in Penn North, MD with pricing that ranges from $550 to $4,889. There are also 413 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn North ranging from $200 to $4,875.

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 $200 to $4,875 with an average monthly rent of $1,951.

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 $3,000. Four Bedroom Single-Family rentals are also available starting from $200 and Four Bedroom Apartments start at $1,220.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.