Cheap Homes for Rent in University Of Maryland Neighborhood of Baltimore, MD from $400 (33 Rentals)

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

property at 219 Penn St

$695 - $720

Total Monthly Price

Total Monthly Price

Base Rent
$695 - $720

Total Monthly Price
$695 - $720

1 Bedroom, 1 Bath Townhome for Rent

Available Now

219 Penn St

BaltimoreMD21230

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 646 W Conway St

$750 - $765

1 Bedroom, 1 Bath Townhome for Rent

Available Now

646 W Conway St

BaltimoreMD21230
property at 1232 W Lafayette Ave

$780 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$780 - $1,100

Total Monthly Price
$780 - $1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

1232 W Lafayette Ave

BaltimoreMD21217

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 1433 W Lombard St

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1433 W Lombard St

BaltimoreMD21223

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 Studio unit found at 809 Park Ave priced from $825. Saint Paul Regency has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable University Of Maryland apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
809 Park Ave0 Beds, 1 BathsStudio,1BA$825
Saint Paul RegencyStudio apartmentStudio,1BA$925
Vision on LombardTower 2 - StudioStudio,1BA$965
Live 501S1AStudio,1BA$970
849 Park Ave1 Beds, 1 Baths1BR,1BA$999
107 W Monument StStudioStudio,1BA$1,000

Best Value Apartments for Rent in University Of Maryland, MD

As of June 06, 2026 the best value apartment in the University Of Maryland area is the $0.80 price per square foot Camden Model at 500 W Fayette St. in the in the Inner Harbor neighborhood starting from $1,160. The second greatest value University Of Maryland apartment is the Francis Scott Key I Model at 222 Saratoga starting at $1,532 with a $1.18 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.
500 W Fayette St.Camden4BR,2BA$0.80
222 SaratogaFrancis Scott Key I1BR,1BA$1.18
1017 Hollins St1017 Hollins St1BR,1BA$1.04
The Brown's LoftUnit 5012BR,2BA$1.33
19 E Fayette StOne Bedroom1BR,1BA$1.33
313 W Madison St, Unit DUPLEX313 W Madison St2BR,1BA$1.20
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
226 W Monument St2 Beds, 1 Baths2BR,1BA$1.32
812 Mangold St, Unit North bedroom812 Mangold St1BR,1.5BA$0.86
Westview on the AvenuePreston2BR,1BA$1.42

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
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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.

Read Article
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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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Quick Rent Budget Calculator

How much rent can you afford?

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 #63

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about University Of Maryland

What type of rentals are currently available in University Of Maryland?

There are currently 581 Apartments for Rent in University Of Maryland, MD with pricing that ranges from $650 to $7,197. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Of Maryland ranging from $475 to $5,000.

What is the current price range for Rental Homes in University Of Maryland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Of Maryland ranges from $475 to $5,000 with an average monthly rent of $1,691.

How much are larger Three and Four Bedroom Rentals in University Of Maryland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University Of Maryland range from $1,105 to $4,751, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $3,500. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $1,247.

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.

decorative image for Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers article

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Written by: Sarah Bregel

Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.