Cheap Apartments for Rent in Towson, MD from $700 (95 Rentals)

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Park View at Towson
Studio to 2 Bedroom Apartments

Park View at Towson

20 Dunvale AveTowson, MD 21204
Senior Living
  • 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.

property at 6106 Maylane Dr

$770 - $850

Total Monthly Price

Total Monthly Price

Base Rent
$770 - $850

Total Monthly Price
$770 - $850

1 Bedroom, 1 Bath Townhome for Rent

Available Soon

6106 Maylane Dr

BaltimoreMD21212
property at 1511 Woodbourne Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

1511 Woodbourne Ave

BaltimoreMD21239

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Towson, MD Local Guide

Cheapest Neighborhoods for Apartments in Towson, MD

Pricing Updated: 04/10/2026

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
Towson Circle$2,308$700370
Downtown Towson$2,803$1,34960

Cheapest Available Towson Apartments for Rent

 

The cheapest available apartment rental in Towson, MD is a 2 Beds unit found at Yorkewood Apartments in the Mid-Govans neighborhood priced from $1,000. Winston Apartments in the Mid-Govans neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,029. Here is today’s list of the most affordable Towson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yorkewood ApartmentsThe Squire2BR,1BA$1,000
Winston ApartmentsStudio 1 Bath - The AlamedaStudio,1BA$1,029
Loch Bend Apartments1 Bedroom 1 Bath1BR,1BA$1,041
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1,064
Kensington Gate ApartmentsStudioStudio,1BA$1,069
Wellington Gate ApartmentsOne Bedroom Junior1BR,1BA$1,075
Loch Raven Village ApartmentsLarge One Bedroom- Classic1BR,1BA$1,105
Roland Ridge1 Bed 1 Bath1BR,1BA$1,115

Best Value Apartments for Rent in Towson, MD

As of April 11, 2026 the best value apartment in the Towson area is the $1.36 price per square foot 3 BED / 2 BATH Model at Melrose Apartments in the in the Mid-Govans neighborhood starting from $2,595. The second greatest value Towson apartment is the Two Bedroom Townhome Model at Ruxton Landing starting at $2,177 with a $1.54 price per square foot in the Deerborne 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 Apartments3 BED / 2 BATH3BR,2BA$1.36
Ruxton LandingTwo Bedroom Townhome2BR,1.5BA$1.54
The Metropolitan of BaltimoreTwo Bedroom Executive2BR,2BA$1.50
Somerset at TowsonThe York2BR,1.5BA$1.51
The Falls at Roland ParkThe Fort2BR,2BA$1.47
4608 York Rd, Unit 24608 York Rd2BR,1BA$1.25
4654 York Rd, Unit Unit 24654 York Rd1BR,1BA$1.17
4646 York Rd4646 York Rd1BR,1BA$1.38
Taylor GardensThe Daisy1BR,1BA$1.54
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1.48

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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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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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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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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 $1,115.

What is the price of a cheap apartment in Towson?

The cheapest apartment in Towson is Yorkewood Apartments which is listed at $1,000, while the average apartment in Towson costs $2,555.

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 162 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 $918 which is $1,637 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.

decorative image for Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods article

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.

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

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.