Cheap Apartments for Rent in Towson, MD from $700 (121 Rentals)

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

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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Park View at Towson
Studio to 2 Bedroom Apartments

Park View at Towson

20 Dunvale AveTowson, MD 21204
Senior Living
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8 Cedar Ave
2 Bedroom Apartments

8 Cedar Ave

8 Cedar AveTowson, MD 21286

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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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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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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Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

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Towson, MD Local Guide

Cheapest Neighborhoods for Apartments in Towson, MD

Pricing Updated: 05/26/2026

Current apartment rentals in the Towson, MD area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Towson Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Towson$2,304$1,052234
Towson Circle$2,304$960337

Cheapest Available Towson Apartments for Rent

 

The cheapest available apartment rental in Towson, MD is a 1 Bed unit found at Winston Court Apartments in the Mid-Govans neighborhood priced from $950. Dutch Village in the Morgan State University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Towson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Winston Court Apartments1BR/1.0BA1BR,1BA$950
Dutch Village1Bed, 1Bath Flat1BR,1BA$999
Winston ApartmentsStudio 1 Bath - The AlamedaStudio,1BA$1,014
Loch Bend Apartments1 Bedroom 1 Bath1BR,1BA$1,041
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$1,050
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1,064
Lochwood ApartmentsThe Hillen1BR,1BA$1,065
Kensington Gate ApartmentsStudioStudio,1BA$1,069
Wellington Gate ApartmentsOne Bedroom Junior1BR,1BA$1,075
Loch Raven Village ApartmentsLarge One Bedroom- Classic1BR,1BA$1,080

Best Value Apartments for Rent in Towson, MD

As of May 26, 2026 the best value apartment in the Towson area is the $1.45 price per square foot 2 BED / 2 BATH Model at Melrose Apartments in the in the Mid-Govans neighborhood starting from $2,545. The second greatest value Towson apartment is the 2 bedroom, 2 bath Model at Cardiff Charles Apartments starting at $1,760 with a $1.26 price per square foot in the Regents Club At Falls Croft neighborhood. Here is today’s list of the best values for Towson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Melrose Apartments2 BED / 2 BATH2BR,2BA$1.45
Cardiff Charles Apartments2 bedroom, 2 bath2BR,2BA$1.26
Somerset at TowsonThe York2BR,1.5BA$1.48
Cromwell Valley Apartments2 Bedroom 2 Bath2BR,2BA$1.33
Brooke Court Apartments2BR/1.5BA2BR,1.5BA$1.45
Symphony Homes at Purdue1BR/1.0BA1BR,1BA$1.15
Pleasantview2 Bed, 1 Bath Townhome2BR,1BA$1.37
Winston Court Apartments1BR/1.0BA1BR,1BA$1.20
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1.48
1005 Cedarcroft Rd, Unit Cedarcroft Apt #21005 Cedarcroft Rd1BR,1BA$1.57

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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Beyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods

Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.

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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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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!

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Frequently Asked Questions about Cheap Towson Apartments

What is a cheap apartment in Towson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Towson is under $1,080.

What is the price of a cheap apartment in Towson?

The cheapest apartment in Towson is Winston Court Apartments which is listed at $950, while the average apartment in Towson costs $2,304.

What types of apartments are the cheapest in Towson?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 234 regular apartments in Towson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Towson?

Cheap apartments in Towson have an average cost of $820 which is $1,484 cheaper than the average rent for all rentals in Towson.

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.

Helpful Local Expert Guides

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A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sarah Bregel

There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

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Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods

Written by: Sarah Bregel

Baltimore, Maryland is an incredibly vibrant town known for some amazing colleges. I had the pleasure of growing up sandwiched between a few of them.

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Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers

Written by: Sarah Bregel

Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.