Cheap Apartments for Rent in the Homewood Neighborhood of Baltimore, MD from $700 (9 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

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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 $936. Mount Vernon Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Homewood apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Vivo Living BaltimoreThe Petite StudioStudio,1BA$936
Mount Vernon ApartmentsStudioStudio,1BA$949
The Broadview ApartmentsSTCStudio,1BA$1,150

Best Value Apartments for Rent in Homewood, MD

As of April 13, 2025 the best value apartment in the Homewood area is the $1.41 price per square foot 1BR/1.0BA Model at Wyman Towers, LLC in the in the Morgan State University neighborhood starting from $1,550. The second greatest value Homewood apartment is the 2x1 Model at Nine East 33rd starting at $1,819 with a $2.34 price per square foot in the North Baltimore 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.
Wyman Towers, LLC1BR/1.0BA1BR,1BA$1.41
Nine East 33rd2x12BR,1BA$2.34
The Social North Charles®The Frederick Furnished W/D2BR,1BA$2.45
Mount Vernon ApartmentsStudioStudio ,1BA$1.58
Guilford ManorThe Roland1BR,1BA$3.09
The Marylander Apartment HomesStudioStudio ,1BA$2.58
ReNew Mt. VernonFayetteStudio ,1BA$2.91
The Broadview ApartmentsSTDStudio ,1BA$2.93
Vision on LombardDStudio ,1BA$3.09
Vivo Living BaltimoreThe Furnished StudioStudio ,1BA$3.42

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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

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 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 $1,825.

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 $1,900.

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 71 regular apartments in Homewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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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.