Cheap Apartments for Rent in Oakland, MD from $400 (57 Rentals)

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

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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300 Union St
Studio to 2 Bedroom Apartments

300 Union St

300 Union StPoint Marion, PA 15474
  • Utilities Included
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Braddocks Greene
1 to 2 Bedroom Apartments

Braddocks Greene

100 Braddock StFrostburg, MD 21532
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Magnolia Greene
2 to 3 Bedroom Apartments

Magnolia Greene

13000 Winchester RdLavale, MD 21502
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132 Simpson St
1 to 2 Bedroom Apartments

132 Simpson St

132 Simpson StMorgantown, WV 26501
  • Utilities Included
  • Smoke Free
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Alpine Village
1 to 2 Bedroom Apartments

Alpine Village

500 Shaffer StTerra Alta, WV 26764
  • Utilities Included
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Tucker Manor
1 to 2 Bedroom Apartments

Tucker Manor

202 Sunnyside LnParsons, WV 26287
Senior Living
  • Utilities Included

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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Keyser Greene
2 Bedroom Apartments

Keyser Greene

562 Pine Swamp RdKeyser, WV 26726
Senior Living
  • Utilities Included
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Lana Lu Apartments- 62+
1 Bedroom Apartments

Lana Lu Apartments- 62+

40 Main StLonaconing, MD 21539
Senior Living
  • Utilities Included
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Bayridge Greene
1 to 3 Bedroom Apartments

Bayridge Greene

507 Simons StKeyser, WV 26726
  • Utilities Included
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Maplewood Gardens
2 to 3 Bedroom Apartments

Maplewood Gardens

229 Maple AvenueMoorefield, WV 26836
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McLane Apartments
1 to 4 Bedroom Apartments

McLane Apartments

701 McLane AveMorgantown, WV 26505
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Cedar Glen I
1 to 3 Bedroom Apartments

Cedar Glen I

15 Madeline CirMorgantown, WV 26508
  • Utilities Included
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141-143 Bradley St
2 Bedroom Apartments

141-143 Bradley St

141-143 Bradley StMorgantown, WV 26505
Furnished
  • Smoke Free
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Vista del Rio
2 Bedroom Apartments

Vista del Rio

1213 Vista del Rio DrMorgantown, WV 26508
  • Utilities Included

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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Oakland, MD Local Guide

Cheapest Available Oakland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakland, MD is a 1 Bed unit found at 300 Union St priced from $400. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $487. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
300 Union StOne Bed1BR,1BA$400
Brunswick ApartmentsStudioStudio,1BA$487
Apartments on Grant | Student Housing2 Bedroom2BR,1BA$600
132 Simpson St1 bed1BR,1BA$650
458 High St1 Bedroom1BR,1BA$675
15 Beechurst Ave1 bedroom1BR,1BA$700
444 High St2bd2BR,1BA$725
145 Lorentz St1 Bed, 1 Bath1BR,1BA$725
Woodline Properties1 Bedroom1BR,1BA$750
Bayberry Place2 Bedroom Unit2BR,1BA$754

Best Value Apartments for Rent in Oakland, MD and Nearby

As of April 24, 2026 the best value apartment in the Oakland area is the $0.93 price per square foot 2 Bedroom 1 bath Model at Morgantown Townhomes in the starting from $975. The second greatest value Oakland apartment is the One Bed Model at 300 Union St starting at $400 with a $0.42 price per square foot . Here is today’s list of the best values for Oakland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morgantown Townhomes2 Bedroom 1 bath2BR,1BA$0.93
300 Union StOne Bed1BR,1BA$0.42
Blackburn Building | Student Apartments3 Bedroom3BR,1BA$0.59
Bayberry Place2 Bedroom Unit2BR,1BA$0.82
Apartments on Grant | Student Housing2 Bedroom2BR,1BA$0.67
West Run2X2P2BR,2BA$0.80
Keyser GreeneTwo Bedroom2BR,1BA$0.92
132 Simpson St1 bed1BR,1BA$0.81
444 High St2bd2BR,1BA$0.91
Courtyard West2 Bedroom/1 Bathroom2BR,1BA$0.75

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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Oakland, MD

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

Explore Oakland, MD Rentals by Map

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See the most popular apartments and homes in Oakland, MD

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Frequently Asked Questions about Cheap Oakland Apartments

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

The lowest price for a Cheap One Bedroom Oakland Apartment is $400 at 300 Union St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oakland is starting from $600 at Apartments on Grant | Student Housing.

What is the most affordable Oakland Three Bedroom Apartment?

The best deal on a cheap Oakland Three Bedroom Apartment rental is at Cedar Glen I and starts from $995.

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.