Cheap Homes for Rent in Towson, MD from $500 (27 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 3007 Oakley Ave

3007 Oakley Ave

BaltimoreMD21215
property at 3007 Oakley Ave

3007 Oakley Ave

BaltimoreMD21215
property at 503 Campbells Ln

503 Campbells Ln

BaltimoreMD21212

Towson, MD Local Guide

Cheapest Neighborhoods for Apartments in Towson, MD

Pricing Updated: 06/24/2025

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$2,358$1,033194
Towson Circle$2,500$720318

Cheapest Available Towson Apartments for Rent

 

The cheapest available apartment rental in Towson, MD is a 1 Bed unit found at Lochwood Apartments in the Mid-Govans neighborhood priced from $900. Northwood Homes in the Mid-Govans neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Towson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lochwood ApartmentsThe Parkview1BR,1BA$900
Northwood Homes1BR 1BA(469)1BR,1BA$900
Kensington Gate ApartmentsStudioStudio,1BA$994
Wellington Gate ApartmentsOne Bedroom Junior1BR,1BA$1,033
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1,034
Hillendale Gate Apartments1BR/1BA Hillendale Gate1BR,1BA$1,063
Loch Raven Village ApartmentsLarge One Bedroom- Classic1BR,1BA$1,075
Falls Village Apartments1 Bedroom 1 Bath II1BR,1BA$1,080
Winston Apartments2 Bedroom 1 Bath - Northwood2BR,1BA$1,090

Best Value Apartments for Rent in Towson, MD

As of June 25, 2025 the best value apartment in the Towson area is the $1.36 price per square foot H02 - 2 Bedroom / 2 Bathroom Model at Hampton Plaza Apartments in the in the Towson Park neighborhood starting from $1,839. The second greatest value Towson apartment is the 1 bedroom, 1 bath, Den Model at Cardiff Charles Apartments starting at $1,470 with a $1.34 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.
Hampton Plaza ApartmentsH02 - 2 Bedroom / 2 Bathroom2BR,2BA$1.36
Cardiff Charles Apartments1 bedroom, 1 bath, Den1BR,1BA$1.34
3007 Oakley Ave, Unit 13007 Oakley Ave2BR,1BA$1.27
Somerset at TowsonThe Bosley1BR,1BA$1.42
Towson Crossing Apartment HomesTwo Bedroom - 975 sqft2BR,1BA$1.45
5644 Midwood Ave, Unit 15644 Midwood Ave2BR,1BA$1.29
Dutch Village2 Bed, 1 Bath Townhome2BR,1BA$1.43
Barclay Square Apartments1 Bedroom 1 Bath1BR,1BA$1.44
3001 Oakley Ave, Unit 23001 Oakley Ave3BR,1BA$1.41
Lochwood ApartmentsThe Parkview1BR,1BA$1.36

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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Frequently Asked Questions about Towson

What type of rentals are currently available in Towson?

There are currently 266 Apartments for Rent in Towson, MD with pricing that ranges from $650 to $4,108. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Towson ranging from $575 to $3,700.

What is the current price range for Rental Homes in Towson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Towson ranges from $575 to $3,700 with an average monthly rent of $2,064.

How much are larger Three and Four Bedroom Rentals in Towson?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Towson range from $650 to $4,108, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,600. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $1,655.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.