Cheap Apartments for Rent in Cambridge, MD from $300 (58 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

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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour

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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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
  • Utilities Included
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Caroline Apartments
1 to 2 Bedroom Apartments

Caroline Apartments

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

Golden Meadows

40 Golden LnDelmar, DE 19940
Senior Living

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.

Cambridge, MD Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MD

Pricing Updated: 04/28/2026

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$1,300$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+A3 - One Bedroom1BR,1BA$975
Bradford House1 Bed 1 Bath1BR,1BA$1,176
St. Marys Landing Apartments and TownhomesStudio - 275 sqftStudio,1BA$1,215
Spring Valley Apartments2BR/2BA2BR,2BA$1,246
Woods Crossing Apartments1x11BR,1BA$1,300
Oak Hill1 Bedroom Renovated Apartment1BR,1BA$1,339

Best Value Apartments for Rent in Cambridge, MD

As of April 28, 2026 the best value apartment in the Cambridge area is the $1.64 price per square foot 3 Bedroom 2.5 Bath - Renovated Model at Villas at Greenview West in the in the Westbury Single Family neighborhood starting from $2,375. The second greatest value Cambridge apartment is the The Douglas Model at Lakeside Run at Trappe starting at $2,300 with a $1.68 price per square foot . 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.
Villas at Greenview West3 Bedroom 2.5 Bath - Renovated3BR,2.5BA$1.64
Lakeside Run at TrappeThe Douglas2BR,2BA$1.68
Mill Pond Village3CGn3BR,2BA$1.37
Towns at Pax River, A Linden CommunityTopsail Renovated3BR,2BA$1.36
The Reserve at Ponds Edge2 Bedroom2BR,2BA$1.35
Spring Valley Apartments3BR/2BA3BR,2BA$1.32
Ponds EdgeADA 2bd/2ba2BR,2BA$1.32
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

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Frequently Asked Questions about Cheap Cambridge Apartments

What is a cheap apartment in Cambridge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cambridge is under $1,339.

What is the price of a cheap apartment in Cambridge?

The cheapest apartment in Cambridge is Riverview Gardens which is listed at $670, while the average apartment in Cambridge costs $1,300.

What types of apartments are the cheapest in Cambridge?

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 2 regular apartments in Cambridge 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 Cambridge?

Cheap apartments in Cambridge have an average cost of $404 which is $896 cheaper than the average rent for all rentals in Cambridge.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.