Cheap Homes for Rent in Oakland, MD from $500 (10 Rentals)

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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 2 Beds unit found at Apartments on Grant | Student Housing in the Downtown Morgantown neighborhood priced from $600. 132 Simpson St in the Downtown Morgantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Apartments on Grant | Student Housing2 Bedroom2BR,1BA$600
132 Simpson St1 bed1BR,1BA$650
458 High St1 Bedroom1BR,1BA$675

Best Value Apartments for Rent in Oakland, MD and Nearby

As of August 27, 2025 the best value apartment in the Oakland area is the $0.59 price per square foot 3 Bedroom Model at Blackburn Building | Student Apartments in the in the Downtown Morgantown neighborhood starting from $565. The second greatest value Oakland apartment is the 2 BR / 2 BA Model at Metro Towers starting at $610 with a $0.65 price per square foot in the Downtown Morgantown neighborhood. 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.
Blackburn Building | Student Apartments3 Bedroom3BR,1BA$0.59
Metro Towers2 BR / 2 BA2BR,2BA$0.65
Bayberry Place2 Bedroom Unit2BR,1BA$0.89
Northside HillsB12BR,2BA$0.72
Greene Gables2 Bedroom2BR,1BA$0.90
Apartments on Grant | Student Housing2 Bedroom2BR,1BA$0.67
West Run2X2P2BR,2BA$0.79
The Delta2 Bedroom2BR,1BA$0.75
132 Simpson St1 bed1BR,1BA$0.81
Courtyard West2 Bedroom/1 Bathroom2BR,1BA$0.73

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Frequently Asked Questions about Oakland

What type of rentals are currently available in Oakland?

There are currently 84 Apartments for Rent in Oakland, MD with pricing that ranges from $415 to $3,750. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakland ranging from $550 to $3,395.

What is the current price range for Rental Homes in Oakland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakland ranges from $550 to $3,395 with an average monthly rent of $1,691.

How much are larger Three and Four Bedroom Rentals in Oakland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakland range from $485 to $2,340, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,090 to $2,950. Four Bedroom Single-Family rentals are also available starting from $3,395 and Four Bedroom Apartments start at $415.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.