Cheap Apartments for Rent in the Downtown Baltimore Neighborhood of Baltimore, MD from $400 (216 Rentals)

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

property at 817 St Paul St

817 St Paul St

BaltimoreMD21202

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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property at 816 Park Ave

816 Park Ave

BaltimoreMD21201
property at 7 N Carey St

7 N Carey St

BaltimoreMD21223
property at 1818 St Paul St

1818 St Paul St

BaltimoreMD21202
property at 1401 Madison Ave

1401 Madison Ave

BaltimoreMD21217
Showing Results 1-50, Page 1 of 5

Downtown Baltimore, Baltimore, MD Local Guide

Cheapest Available Downtown Baltimore Apartments for Rent

 

The cheapest available apartment rental in the Downtown Baltimore area of Baltimore, MD is a Studio unit found at St Paul St 817 priced from $745. Mt. Vernon Properties has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Downtown Baltimore apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
St Paul St 8170BR/1.0BAStudio,1BA$745
Mt. Vernon PropertiesStudioStudio,1BA$850
EastView on the AvenueOne Bedroom1BR,1BA$880
The Tobee - Cathedral St 311 (19 W. Mulber...1 Bedroom1BR,1BA$895
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
Saint Paul RegencyStudio apartmentStudio,1BA$925
Printers Square Apartments1 Bedroom1BR,1BA$933
Vivo Living BaltimoreThe Petite StudioStudio,1BA$936
Mount Vernon ApartmentsStudioStudio,1BA$949

Best Value Apartments for Rent in Downtown Baltimore, MD

As of April 13, 2025 the best value apartment in the Downtown Baltimore area is the $1.08 price per square foot 30 E Preston St Model at 30 E Preston St, Unit A in the in the Inner Harbor neighborhood starting from $3,890. The second greatest value Downtown Baltimore apartment is the 2 Bedroom 2.5 Bath Model at The Railway Express Loft Apartments starting at $2,250 with a $1.18 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Downtown Baltimore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
30 E Preston St, Unit A30 E Preston St5BR,5BA$1.08
The Railway Express Loft Apartments2 Bedroom 2.5 Bath2BR,2.5BA$1.18
781 Washington Blvd, Unit 2781 Washington Blvd2BR,1.5BA$1.06
Calvert Property1BR/1.0BA1BR,1BA$1.11
108 E Preston St, Unit 3108 E Preston St1BR,1BA$1.18
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
1720 McCulloh St, Unit 41720 McCulloh St2BR,1BA$0.95
Guardian House1 Bed/1 Bath - F1BR,1BA$1.30
Printers Square Apartments1 Bedroom1BR,1BA$1.16

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Pet Friendly Lifestyle
Downtown Baltimore, Baltimore, MD

Ranked #46

Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Baltimore, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Maryland, including Baltimore. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Baltimore Apartments

What is a cheap apartment in Downtown Baltimore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Baltimore is under $949.

What is the price of a cheap apartment in Downtown Baltimore?

The cheapest apartment in Downtown Baltimore is EastView on the Avenue which is listed at $880, while the average apartment in Downtown Baltimore costs $3,245.

What types of apartments are the cheapest in Downtown Baltimore?

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 119 regular apartments in Downtown Baltimore 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 Downtown Baltimore?

Cheap apartments in Downtown Baltimore have an average cost of $507 which is $2,738 cheaper than the average rent for all rentals in Downtown Baltimore.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.