Cheap Apartments for Rent in Cambridge, MD from $300 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cambridge.

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Cambridge Commons
2 to 3 Bedroom Apartments

Cambridge Commons

1220 Chestnut PlCambridge, MD 21613
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Harrison Ferry
1 to 2 Bedroom Apartments

Harrison Ferry

43 Delaware AveHurlock, MD 21643
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Federal Manor
1 to 2 Bedroom Apartments

Federal Manor

101 Routzahn LnFederalsburg, MD 21632
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Caroline Apartments
1 to 2 Bedroom Apartments

Caroline Apartments

205 S 8th StDenton, MD 21629
Senior Living
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Golden Meadows
1 Bedroom Apartments

Golden Meadows

40 Golden LnDelmar, DE 19940
Senior Living
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Mulberry Estates
1 to 2 Bedroom Apartments

Mulberry Estates

1020-1070 N Washington StEaston, MD 21601
  • Utilities Included

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.

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Cambridge, MD Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MD

Pricing Updated: 07/29/2026

Current apartment rentals in the Cambridge, MD area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Blackwater Landing$1,400$6265

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in Cambridge, MD is a 2 Beds unit found at Hudson Townhomes in the Blackwater Landing neighborhood priced from $626. Riverview Gardens in the Savannah Overlook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hudson Townhomes2 bed / 2 bath2BR,2BA$626
Riverview Gardens1 Bed, 1 bath1BR,1BA$670
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$790
Stone Grove Crossing1 Bedroom1BR,1BA$878
The Village at Slippery Hill Senior Apartments- 62+A5 - One Bedroom1BR,1BA$1,080
Prospect Heights Apartments3BR 1.5BA3BR,1BA$1,132
Bradford House1 Bed 1 Bath1BR,1BA$1,176
Oak Hill1 Bedroom1BR,1BA$1,199
Spring Valley Apartments2BR/2BA2BR,2BA$1,246
Chatham Village ApartmentsI Bedroom Delux1BR,1BA$1,330

Best Value Apartments for Rent in Cambridge, MD

As of July 30, 2026 the best value apartment in the Cambridge area is the $0.92 price per square foot 4 bd x 3.5 ba Townhome Model at The Reserve at Ponds Edge in the starting from $2,395. The second greatest value Cambridge apartment is the Three Bedroom Model at The Reserves At Belle Ayre starting at $1,779 with a $1.16 price per square foot in the Mearfield neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Ponds Edge4 bd x 3.5 ba Townhome4BR,3.5BA$0.92
The Reserves At Belle AyreThree Bedroom3BR,2.5BA$1.16
Towns at Pax River, A Linden CommunityTopsail Renovated3BR,2BA$1.36
Parkside Village Apartments4 Beds, 2 baths4BR,2BA$1.10
Spring Valley Apartments3BR/2BA3BR,2BA$1.32
Ponds EdgeADA 2bd/2ba2BR,2BA$1.34
Addison Court2B2BR,2BA$1.60
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$0.80
Stone Grove Crossing1 Bedroom1BR,1BA$1.14
Riverview Gardens1 Bed, 1 bath1BR,1BA$0.87

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.

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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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Best Local Schools in
Cambridge, MD

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cambridge, MD Rentals by Map

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Frequently Asked Questions about Cheap Cambridge Apartments

How much is rent for a Cheap One Bedroom Cambridge Apartment?

The lowest price for a Cheap One Bedroom Cambridge Apartment is $670 at Riverview Gardens.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $626 at Hudson Townhomes.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Prospect Heights Apartments and starts from $1,132.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.