Cheap Apartments for Rent near Saint Michaels, MD from $400 (41 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Bayshore Landing
$1,843 - $2,616
Total Monthly Price

Total Monthly Price

Base Rent
$1,843 - $2,616
Total Monthly Price
$1,843 - $2,616
1 to 2 Bedroom Apartments Available Now

Bayshore Landing

988 Spa RdAnnapolis, MD 21403
Affordability
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  • Customer Reviewed
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Maris
Rent Specials
$2,007 - $4,827
Total Monthly Price

Total Monthly Price

Base Rent
$2,007 - $4,827
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Maris

2445 Holly AveAnnapolis, MD 21401
Affordability
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Mulberry Estates
1 to 2 Bedroom Apartments

Mulberry Estates

1020-1070 N Washington StEaston, MD 21601
  • 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.

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property at 35 Clay St

$1,300 - $2,150

1 To 3 Bedroom Rentals

Available Jan 1, 2027

35 Clay St

EastonMD21601
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Towne Courts
2 to 3 Bedroom Apartments

Towne Courts

100 Francis Noel WayAnnapolis, MD 21401
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Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

1000 Madison StAnnapolis, MD 21403
  • Utilities Included
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West Woods Apartments
1 to 2 Bedroom Apartments

West Woods Apartments

114 Hearne CtAnnapolis, MD 21401
Corporate Housing

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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Showing Results 1-41, Page 1 of 1

Saint Michaels, MD Local Guide

Cheapest Available Saint Michaels Apartments for Rent and Nearby

 

The cheapest available apartment rental in Saint Michaels, MD is a 2 Beds unit found at Hudson Townhomes in the Blackwater Landing neighborhood priced from $626. Riverwoods at Denton in the Savannah Overlook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Saint Michaels apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hudson Townhomes2 bed / 2 bath2BR,2BA$626
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$790
Bradford House1 Bed 1 Bath1BR,1BA$1,176
The Village at Slippery Hill Senior Apartments- 62+B1 - Two Bedroom2BR,1BA$1,265
Chatham Village ApartmentsI Bedroom Delux1BR,1BA$1,330
Parkside Village Apartments4 Beds, 2 baths4BR,2BA$1,348
Obery CourtOne Bedroom1BR,1BA$1,389
Quiet Waters LandingA1-1BD/1BA1BR,1BA$1,450
102 B Marlboro Ave1 Bedroom1BR,1BA$1,588
Harbour Gates ApartmentsStudioStudio,1BA$1,598

Best Value Apartments for Rent in Saint Michaels, MD and Nearby

As of July 25, 2026 the best value apartment in the Saint Michaels area is the $1.85 price per square foot The Abbott Model at Lakeside Run at Trappe in the starting from $2,549. The second greatest value Saint Michaels apartment is the The Miles Model at The Promenade at Easton starting at $2,395 with a $1.94 price per square foot in the Chesapeake by Del Webb neighborhood. Here is today’s list of the best values for Saint Michaels apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeside Run at TrappeThe Abbott2BR,2BA$1.85
The Promenade at EastonThe Miles3BR,2BA$1.94
Parkside Village Apartments4 Beds, 2 baths4BR,2BA$1.10
West Woods ApartmentsThe Chester2BR,2BA$1.95
Burnt Oaks2 Bedroom 2 Bath2BR,2BA$1.91
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$0.80
102 B Marlboro Ave1 Bedroom1BR,1BA$1.84
The Village at Slippery Hill Senior Apartments- 62+B1 - Two Bedroom2BR,1BA$1.48
Obery CourtOne Bedroom1BR,1BA$1.79
Chatham Village ApartmentsI Bedroom Delux1BR,1BA$2.05

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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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 Saint Michaels, MD Rentals by Map

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See the most popular apartments and homes in Saint Michaels, MD

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Frequently Asked Questions about Cheap Saint Michaels Apartments

What is the Cheapest Studio apartment in Saint Michaels?

Currently the most affordable Cheap Studio Apartment in Saint Michaels is at Nautilus Point listed at $1,706.

How much is rent for a Cheap One Bedroom Saint Michaels Apartment?

The lowest price for a Cheap One Bedroom Saint Michaels Apartment is $790 at Riverwoods at Denton.

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

Today's best deal for a Cheap Two Bedroom Apartment in Saint Michaels is starting from $626 at Hudson Townhomes.

What is the most affordable Saint Michaels Three Bedroom Apartment?

The best deal on a cheap Saint Michaels Three Bedroom Apartment rental is at Obery Court and starts from $1,915.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.