Cheap Apartments for Rent in the Downtown Towson Neighborhood of Towson, MD from $900 (15 Rentals)

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

property at 28 Allegheny Ave

$1,650 - $2,200

Studio To 2 Bedroom Rentals

Available Now

28 Allegheny Ave

TowsonMD21204

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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
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Virginia Towers
1 to 2 Bedroom Apartments

Virginia Towers

500 Virginia AveBaltimore, MD 21286
Senior Living
  • Utilities Included

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Cheapest Available Downtown Towson Apartments for Rent

 

The cheapest available apartment rental in the Downtown Towson area of Towson, MD is a 2 Beds unit found at Donnybrook Apartments priced from $1,416. 20 Lambourne has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,473. Here are the most affordable Downtown Towson apartments for rent in Towson, MD:

Apartment ListingModel NameBed/BathPriced From
Donnybrook Apartments2 Bedroom 1 Bath 2A2BR,1BA$1,416
20 LambourneOne Bedroom A1B1BR,1BA$1,473
Towson PromenadePlan A (A1A)1BR,1BA$1,545
Palisades of TowsonstudioStudio,1BA$1,577
Avalon TowsonSM04-521-1Studio,1BA$1,585

Best Value Apartments for Rent in Downtown Towson, MD

As of April 12, 2026 the best value apartment in the Downtown Towson area is the $2.46 price per square foot C1 Model at Winthrop in the in the Towson Park neighborhood starting from $3,998. The second greatest value Downtown Towson apartment is the B2B Model at The Southerly starting at $2,460 with a $2.20 price per square foot in the Towson Park neighborhood. Here is today’s list of the best values for Downtown Towson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
WinthropC13BR,3BA$2.46
The SoutherlyB2B2BR,2BA$2.20
Towson PromenadePlan Da (A1E)1BR,1BA$2.06
Hampton Plaza ApartmentsH06 - 2 Bedroom / 1 Bathroom2BR,1BA$1.94
The Quarters at Towson Town CenterOne Bedroom A1A1BR,1BA$2.24
Donnybrook Apartments2 Bedroom 1 Bath Renovated 2AR2BR,1BA$2.34
Flats at 703A21BR,1BA$2.63
20 LambourneOne Bedroom A1B1BR,1BA$2.13
Palisades of TowsonstudioStudio ,1BA$2.71
Avalon TowsonSM04-521-1Studio ,1BA$3.04

Frequently Asked Questions about Cheap Downtown Towson Apartments

What is the Cheapest Studio apartment in Downtown Towson?

Currently the most affordable Cheap Studio Apartment in Downtown Towson is at Palisades of Towson listed at $1,577.

How much is rent for a Cheap One Bedroom Downtown Towson Apartment?

The lowest price for a Cheap One Bedroom Downtown Towson Apartment is $1,473 at 20 Lambourne.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Towson is starting from $1,416 at Donnybrook Apartments.

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.