Cheap Apartments for Rent in the University Of Maryland Neighborhood of Baltimore, MD from $400 (133 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Of Maryland area of Baltimore.

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Parsonage Place Apartments
Rent Specials
$1,100 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,565
Required Monthly Fees
$35
Total Monthly Price
$1,100 - $1,600
Studio to 2 Bedroom Apartments Available Now

Parsonage Place Apartments

502 Cathedral StBaltimore, MD 21201
Affordability
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University Of Maryland, Baltimore, MD Local Guide

Cheapest Available University Of Maryland Apartments for Rent

 

The cheapest available apartment rental in the University Of Maryland area of Baltimore, MD is a 1 Bed unit found at 22 Light priced from $915. Avon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable University Of Maryland apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
22 LightOne Bedroom1BR,1BA$915
Avon1 Beds, 1 Baths1BR,1BA$925
Saint Paul RegencyStudio apartmentStudio,1BA$925
Sharp Leadenhall ApartmentsThe Caroline1BR,1BA$968
Live 501S1AStudio,1BA$970
Westview on the AvenueFranklin1BR,1BA$1,020
500 W Fayette St.Lexington7BR,4BA$1,032
Union Rowe1 Bedroom1BR,1BA$1,032

Best Value Apartments for Rent in University Of Maryland, MD

As of February 26, 2026 the best value apartment in the University Of Maryland area is the $1.47 price per square foot 1625 Edmondson Ave Model at 1625 Edmondson Ave, Unit Unit 1 in the in the Inner Harbor neighborhood starting from $2,200. The second greatest value University Of Maryland apartment is the 2BR/2.0BA Model at Calvert Property starting at $1,695 with a $1.26 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for University Of Maryland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1625 Edmondson Ave, Unit Unit 11625 Edmondson Ave4BR,3BA$1.47
Calvert Property2BR/2.0BA2BR,2BA$1.26
For Rent: Modern Luxury Living at 1201 S. Charles St– Your City Oasis Awaits!2BR/2.0BA2BR,2BA$1.48
1017 Hollins St1017 Hollins St1BR,1BA$1.13
222 SaratogaMarylander1BR,1BA$1.40
19 E Fayette StOne Bedroom1BR,1BA$1.33
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
Westview on the AvenueCalvert3BR,2BA$1.43
Union Rowe1 Bedroom1BR,1BA$1.44
22 LightOne Bedroom1BR,1BA$1.44

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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.

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Quick Rent Budget Calculator

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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 Lifestyle
University Of Maryland, Baltimore, MD

Ranked #57

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Maryland, including Baltimore. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. 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 more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Of Maryland Apartments

What is a cheap apartment in University Of Maryland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Of Maryland is under $1,032.

What is the price of a cheap apartment in University Of Maryland?

The cheapest apartment in University Of Maryland is 22 Light which is listed at $915, while the average apartment in University Of Maryland costs $1,867.

What types of apartments are the cheapest in University Of Maryland?

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 280 regular apartments in University Of Maryland 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 University Of Maryland?

Cheap apartments in University Of Maryland have an average cost of $1,051 which is $816 cheaper than the average rent for all rentals in University Of Maryland.

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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Written by: Sarah Bregel

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Written by: Bob Mallory

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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