Cheap Apartments for Rent in the Homewood Neighborhood of Baltimore, MD from $700 (14 Rentals)

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

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Saint Paul Courts
Studio to 2 Bedroom Apartments

Saint Paul Courts

3120 Saint Paul StBaltimore, MD 21218
  • Utilities Included
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The Allston
2 Bedroom Apartments

The Allston

3111 N Charles StBaltimore, MD 21218
  • Utilities Included

Baltimore's Best Affordable Neighborhoods

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

Homewood, Baltimore, MD Local Guide

Cheapest Available Homewood Apartments for Rent

 

The cheapest available apartment rental in the Homewood area of Baltimore, MD is a Studio unit found at Vivo Living Baltimore priced from $975. Mount Vernon Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,019. Here are the most affordable Homewood apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Vivo Living BaltimoreThe Petite StudioStudio,1BA$975
Mount Vernon ApartmentsStudioStudio,1BA$1,019
Vision on LombardA1Studio,1BA$1,190
The Marylander Apartment HomesStudioStudio,1BA$1,210
The Broadview ApartmentsSTCStudio,1BA$1,215

Best Value Apartments for Rent in Homewood, MD

As of May 12, 2025 the best value apartment in the Homewood area is the $1.92 price per square foot 3 Bedroom 1 Bath Model at Mount Vernon Apartments in the in the Southeast Baltimore neighborhood starting from $2,299. The second greatest value Homewood apartment is the 2BR/2.0BA Model at Wyman Towers, LLC starting at $1,900 with a $1.78 price per square foot in the Morgan State University neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mount Vernon Apartments3 Bedroom 1 Bath3BR,1BA$1.92
Wyman Towers, LLC2BR/2.0BA2BR,2BA$1.78
ReNew Mt. VernonBridgeport2BR,1BA$2.05
Nine East 33rd2x12BR,1BA$2.34
314 W 31st St, Unit B314 W 31st StStudio ,1BA$2.00
Redwood Campus Center, LLCThe George1BR,1BA$3.46
The Marylander Apartment HomesStudioStudio ,1BA$2.61
The Broadview ApartmentsSTBStudio ,1BA$2.88
Vision on LombardDStudio ,1BA$3.13
Vivo Living BaltimoreThe Furnished StudioStudio ,1BA$3.52

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Homewood Neighborhood in Baltimore, MD

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Homewood Apartments

What is a cheap apartment in Homewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Homewood is under $2,080.

What is the price of a cheap apartment in Homewood?

The cheapest apartment in Homewood is Mount Vernon Apartments which is listed at $1,199, while the average apartment in Homewood costs $2,160.

What types of apartments are the cheapest in Homewood?

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 70 regular apartments in Homewood 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 Homewood?

Cheap apartments in Homewood have an average cost of $1,487 which is $673 cheaper than the average rent for all rentals in Homewood.

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.

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