Cheap Apartments for Rent in Charlestown, MD from $500 (43 Rentals)

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

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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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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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.

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North Creek Run
1 to 3 Bedroom Apartments

North Creek Run

200 Stoney Run Creek RdNorth East, MD 21901

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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Lehigh Flats
1 to 2 Bedroom Apartments

Lehigh Flats

650 Lehigh RdNewark, DE 19711
Corporate Housing

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.

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723 N Adams St
1 Bedroom Apartments

723 N Adams St

723 N Adams StHavre De Grace, MD 21078
Corporate Housing
Showing Results 1-43, Page 1 of 1

Charlestown, MD Local Guide

Cheapest Available Charlestown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Charlestown, MD is a 4 Beds unit found at Rittenhouse Station priced from $849. Elkton Terrace in the Patriots Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,189. Here is today’s list of the most affordable Charlestown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rittenhouse Station4 TOWN B4BR,2BA$849
Elkton Terrace1BR Town1BR,1BA$1,189
Maple Heights2BR/1BA2BR,1BA$1,275
Pine Hill Apartments1 Bedroom - Remodeled1BR,1BA$1,335
Elk Meadows1 bedroom1BR,1BA$1,375
Spring CrossingSoho1BR,1BA$1,375
West Creek Village1B1WC1BR,1BA$1,390
Fairbrooke Senior ApartmentsA11BR,1BA$1,400
Meadows at Elk CreekSassafras2BR,1BA$1,450
Lehigh Flats1 Bed Jr | 1 Bath1BR,1BA$1,454

Best Value Apartments for Rent in Charlestown, MD and Nearby

As of April 24, 2026 the best value apartment in the Charlestown area is the $1.53 price per square foot FA3x2.5BE Model at Fields of Aberdeen in the in the Holly Woods - Woodfield/Wyngate neighborhood starting from $2,699. The second greatest value Charlestown apartment is the $1.52/sq.ft. - The Arbor Model at Residences of Summerlin starting at $1,889 with a $1.52 price per square foot in the Holly Woods - Woodfield/Wyngate neighborhood. Here is today’s list of the best values for Charlestown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fields of AberdeenFA3x2.5BE3BR,2BA$1.53
Residences of Summerlin$1.52/sq.ft. - The Arbor2BR,2BA$1.52
Holly Oaks2 Bed 2 Bath2BR,2BA$1.58
Hillside Terrace Apartments2 bedroom2BR,2BA$1.34
Rittenhouse Station2x22BR,2BA$0.71
Cranberry Run2 Bedroom2BR,1BA$1.50
Meadows at Elk CreekSusquehanna2BR,2BA$1.63
Maple Heights2BR/1BA2BR,1BA$1.39
The OspreySycamore2BR,1BA$1.64
Elkton Terrace1BR Town1BR,1BA$1.70

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

Explore Charlestown, MD Rentals by Map

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Frequently Asked Questions about Cheap Charlestown Apartments

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

The lowest price for a Cheap One Bedroom Charlestown Apartment is $1,189 at Elkton Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Charlestown is starting from $1,275 at Maple Heights.

What is the most affordable Charlestown Three Bedroom Apartment?

The best deal on a cheap Charlestown Three Bedroom Apartment rental is at Maple Heights and starts from $1,500.

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.