Cheap Apartments for Rent in Hampstead, MD from $900 (32 Rentals)

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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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The Monkton Hotel
1 Bedroom Apartments

The Monkton Hotel

1900 Monkton RdMonkton, MD 21111
Corporate Housing
  • Utilities Included
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Richmar
1 to 3 Bedroom Apartments

Richmar

13 Richmar RdOwings Mills, MD 21117
  • Utilities Included

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.

Hampstead, MD Local Guide

Cheapest Available Hampstead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hampstead, MD is a 1 Bed unit found at Morningside Apartments and Townhomes in the The Estates/Fields of Sagamore neighborhood priced from $1,025. The Village of Chartleytowne Apartments and Townhomes in the The Estates/Fields of Sagamore neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here is today’s list of the most affordable Hampstead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morningside Apartments and TownhomesOne Bedroom - 700 sqft1BR,1BA$1,025
The Village of Chartleytowne Apartments and TownhomesOne Bedroom - 805 sqft1BR,1BA$1,180
The Preserve at Owings Crossing Apartment HomesOne Bedroom- 800 sqft1BR,1BA$1,190
Allyson Gardens1BR/1BA Standard1BR,1BA$1,265
Painters Mill Apartments1 Bedroom 1 Bath1BR,1BA$1,293
Butler Ridge1BR/1BA1BR,1BA$1,305
Richmar1 Bedroom Executive1BR,1BA$1,329
ReNew Owings MillsBristol2BR,1BA$1,329
ReNew Foundry CentreAuburn1BR,1BA$1,349
The Meadows of Reisterstown II1 Bedroom1BR,1BA$1,360

Best Value Apartments for Rent in Hampstead, MD and Nearby

As of June 03, 2026 the best value apartment in the Hampstead area is the $1.30 price per square foot 3 Bedroom 2 Bathroom L Model at Rowen Place Apartments in the starting from $1,995. The second greatest value Hampstead apartment is the C1 - 3 Bed 1.5 Bath Townhome Model at Mills Crossing Apartments and Townhomes starting at $2,188 with a $1.75 price per square foot in the The Estates/Fields of Sagamore neighborhood. Here is today’s list of the best values for Hampstead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rowen Place Apartments3 Bedroom 2 Bathroom L3BR,2BA$1.30
Mills Crossing Apartments and TownhomesC1 - 3 Bed 1.5 Bath Townhome3BR,1.5BA$1.75
The Summit at Owings Mills Apartments2 Bedrooms 2 Bath2BR,2BA$1.52
The Gates of Owings Mills Apartments2 Bedroom2BR,1.5BA$1.78
Painters Mill Apartments1 Bedroom 1 Bath1BR,1BA$1.40
3241 Chestnut St3241 Chestnut St2BR,1BA$1.66
The Meadows of Reisterstown I2 Bedroom2BR,1BA$1.74
Allyson Gardens II1BR/1BA Standard1BR,1BA$1.72
The Preserve at Owings Crossing Apartment HomesOne Bedroom- 800 sqft1BR,1BA$1.49
Allyson Gardens1BR/1BA Standard1BR,1BA$1.58

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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Hampstead Apartments

What is the Cheapest Studio apartment in Hampstead?

Currently the most affordable Cheap Studio Apartment in Hampstead is at Trellis Hunt Valley listed at $1,500.

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

The lowest price for a Cheap One Bedroom Hampstead Apartment is $1,025 at Morningside Apartments and Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hampstead is starting from $1,200 at Morningside Apartments and Townhomes.

What is the most affordable Hampstead Three Bedroom Apartment?

The best deal on a cheap Hampstead Three Bedroom Apartment rental is at The Village of Chartleytowne Apartments and Townhomes and starts from $1,375.

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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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.

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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.

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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.

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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.