Cheap Apartments for Rent in the Franklin Square Neighborhood of Baltimore, MD from $400 (170 Rentals)

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

property at 817 St Paul St

817 St Paul St

BaltimoreMD21202
property at 2003 Hollins St

2003 Hollins St

BaltimoreMD21223

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 2426 St Paul St

2426 St Paul St

BaltimoreMD21218
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Franklin Square, Baltimore, MD Local Guide

Cheapest Available Franklin Square Apartments for Rent

 

The cheapest available apartment rental in the Franklin Square area of Baltimore, MD is a 1 Bed unit found at North Avenue Gateway II priced from $628. St Paul St 817 has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Franklin Square apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
North Avenue Gateway II1 bdr1BR,1BA$628
St Paul St 8170BR/1.0BAStudio,1BA$745
The TobeeStudioStudio,1BA$750
Penn Square2 bdr2BR,1BA$768
Wheelhouse Co-Living4C1BR,1BA$822
Mt. Vernon PropertiesStudioStudio,1BA$850
Hampton Court ApartmentsOne Bedroom1BR,1BA$900
Saint Paul RegencyStudio apartmentStudio,1BA$925

Best Value Apartments for Rent in Franklin Square, MD

As of April 07, 2025 the best value apartment in the Franklin Square 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 Franklin Square apartment is the 781 Washington Blvd Model at 781 Washington Blvd, Unit 2 starting at $1,600 with a $1.06 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Franklin Square 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
781 Washington Blvd, Unit 2781 Washington Blvd2BR,1.5BA$1.06
2254 Annapolis Rd, Unit 22254 Annapolis Rd1BR,1BA$0.67
2735 W North Ave, Unit #12735 W North Ave1BR,1BA$1.05
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1720 McCulloh St, Unit 41720 McCulloh St2BR,1BA$0.95
Penn Square2 bdr2BR,1BA$0.80
North Avenue Gateway II1 bdr1BR,1BA$1.03

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Pet Friendly Lifestyle
Franklin Square, Baltimore, MD

Ranked #44

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
Franklin Square, Baltimore, MD

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Baltimore. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Franklin Square Neighborhood in Baltimore, MD

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

81 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Franklin Square Apartments

What is a cheap apartment in Franklin Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Square is under $925.

What is the price of a cheap apartment in Franklin Square?

The cheapest apartment in Franklin Square is North Avenue Gateway II which is listed at $628, while the average apartment in Franklin Square costs $3,245.

What types of apartments are the cheapest in Franklin Square?

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 143 regular apartments in Franklin Square 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 Franklin Square?

Cheap apartments in Franklin Square have an average cost of $528 which is $2,717 cheaper than the average rent for all rentals in Franklin Square.

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.