
Cheap Homes for Rent in the Downtown Towson Neighborhood of Towson, MD from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Towson area of Towson.


201 Ridge Ave, Unit 1
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.

28 Allegheny Ave, Unit 1500

28 Allegheny Ave, Unit 1105
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.
Downtown Towson, Towson, MD Local Guide

How much does it cost to rent a home in Downtown Towson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Towson 3 Bedroom Homes for Rent | $2,890 | $2,500 | $3,500 |
| Downtown Towson 4 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Towson Neighborhood of Towson, MD.
Explore Towson
Best Value Apartments for Rent in Downtown Towson, MD
As of July 11, 2026 the best value apartment in the Downtown Towson area is the $2.08 price per square foot B1b Model at Winthrop in the in the Towson Park neighborhood starting from $2,293. The second greatest value Downtown Towson apartment is the Two Bedroom B2B Model at 20 Lambourne starting at $1,851 with a $1.82 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Winthrop | B1b | 2BR,2BA | $2.08 |
| 20 Lambourne | Two Bedroom B2B | 2BR,2BA | $1.82 |
| The Southerly | A1G | 1BR,1BA | $2.50 |
| Towson Promenade | Plan C (A1C) | 1BR,1BA | $1.84 |
| The Quarters at Towson Town Center | One Bedroom A1H | 1BR,1BA | $2.11 |
| Hampton Plaza Apartments | H05 - 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.19 |
| Flats at 703 | A2 | 1BR,1BA | $2.91 |
| Donnybrook Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $2.05 |
| Palisades of Towson | studio | Studio ,1BA | $3.00 |
| Avalon Towson | S2-2 | Studio ,1BA | $3.80 |
Frequently Asked Questions about Downtown Towson
What type of rentals are currently available in Downtown Towson?
There are currently 33 Apartments for Rent in Downtown Towson, MD with pricing that ranges from $1,275 to $5,060. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Towson ranging from $1,400 to $3,500.
What is the current price range for Rental Homes in Downtown Towson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Towson ranges from $1,400 to $3,500 with an average monthly rent of $2,575.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.