Cheap Apartments for Rent in the Lexington Terrace Neighborhood of Baltimore, MD from $400 (266 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington Terrace area of Baltimore.

817 St Paul St

2003 Hollins St

2129 Annapolis Rd

Sharp Leadenhall Apartments

834 N Carey St, Unit 3

1012 N Calvert St

1020 N Calvert St

EastView on the Avenue
Baltimore's Best Affordable Neighborhoods
Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

2699 Saint Benedict St, Unit 1

2426 St Paul St

1917-APT Park Ave

Hampton Court Apartments

1629 Gwynns Falls Pkwy

816 Park Ave

St James Place

Vivo Living Baltimore

Mount Vernon Apartments

930 N Calvert St

13 E Read St

1718 McCulloh St, Unit 1

1720 McCulloh St, Unit 4

209 E Biddle St

7 N Carey St

Renaissance at Reservoir Hill

Live 501

Saint Paul Regency

Linden Park Apartments (Seniors 62+)

1025 CATHEDRAL St

2572 McCulloh St

1432 N Fulton Ave

2136 N Fulton Ave

3320 Auchentoroly Terrace

0 S Carrollton Ave

1041 W Baltimore St

1606 Gwynns Falls Pkwy

12 E Madison St

104 E 20th St

Upton Courts

1305 W Pratt St, Unit 2

2449 Barclay St

2202 Maryland Ave

319 W Franklin St

1837 Bolton St

Redwood Place

8 Howard and The 305

24 E Madison St

The Apartments at Charles Plaza
Lexington Terrace, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Lexington Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Terrace Studio Apartments | $1,519 | $745 | $4,206 |
Lexington Terrace 1 Bedroom Apartments | $1,887 | $795 | $10,000+ |
Lexington Terrace 2 Bedroom Apartments | $2,533 | $925 | $6,223 |
Lexington Terrace 3 Bedroom Apartments | $2,469 | $1,025 | $5,335 |
Lexington Terrace 4 Bedroom Apartments | $1,658 | $1,165 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 266 rentals with your search options within a 2 mile radius of the Lexington Terrace Neighborhood of Baltimore, MD.
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Lexington Terrace, Baltimore, MD Local Guide
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Cheapest Available Lexington Terrace Apartments for Rent
 The cheapest available apartment rental in the Lexington Terrace area of Baltimore, MD is a Studio unit found at St Paul St 817 priced from $745. Penn Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $768. Here are the most affordable Lexington Terrace apartments for rent in Baltimore, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
St Paul St 817 | 0BR/1.0BA | Studio,1BA | $745 |
Penn Square | 2 bdr | 2BR,1BA | $768 |
Wheelhouse Co-Living | 4C | 1BR,1BA | $847 |
EastView on the Avenue | One Bedroom | 1BR,1BA | $880 |
Hampton Court Apartments | One Bedroom | 1BR,1BA | $900 |
Printers Square Apartments | 1 Bedroom | 1BR,1BA | $933 |
Mount Vernon Apartments | Studio | Studio,1BA | $949 |
Peabody Apartments | 1 Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Lexington Terrace, MD
As of March 27, 2025 the best value apartment in the Lexington Terrace area is the $1.06 price per square foot 781 Washington Blvd Model at 781 Washington Blvd, Unit 2 in the in the Inner Harbor neighborhood starting from $1,600. The second greatest value Lexington Terrace apartment is the 2100 Homewood Ave Model at 2100 Homewood Ave, Unit #2 starting at $1,565 with a $1.16 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Lexington Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
781 Washington Blvd, Unit 2 | 781 Washington Blvd | 2BR,1.5BA | $1.06 |
2100 Homewood Ave, Unit #2 | 2100 Homewood Ave | 3BR,1BA | $1.16 |
Guardian House | Studio/1 Bath - A | Studio ,1BA | $0.91 |
Calvert Property | 1BR/1.0BA | 1BR,1BA | $1.11 |
2735 W North Ave, Unit #1 | 2735 W North Ave | 1BR,1BA | $1.05 |
Renaissance at Reservoir Hill | Two Bedrooms One Bath | 2BR,1BA | $0.81 |
1718 McCulloh St, Unit 1 | 1718 McCulloh St | 1BR,1BA | $0.95 |
Penn Square | 2 bdr | 2BR,1BA | $0.80 |
Bon Secours | 1 Bedroom | 1BR,1BA | $1.11 |
Printers Square Apartments | 1 Bedroom | 1BR,1BA | $1.16 |
Quick Rent Budget Calculator
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Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Lexington Terrace, Baltimore, and the greater Baltimore area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Getting Around the Lexington Terrace Neighborhood in Baltimore, MD
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
99 / 100
Rider’s Paradise
World-class public transportation
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 Lexington Terrace Apartments
What is a cheap apartment in Lexington Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington Terrace is under $950.
What is the price of a cheap apartment in Lexington Terrace?
The cheapest apartment in Lexington Terrace is Wheelhouse Co-Living which is listed at $847, while the average apartment in Lexington Terrace costs $3,790.
What types of apartments are the cheapest in Lexington Terrace?
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 10,232 regular apartments in Lexington Terrace 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 Lexington Terrace?
Cheap apartments in Lexington Terrace have an average cost of $459 which is $3,331 cheaper than the average rent for all rentals in Lexington Terrace.
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.

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.

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.

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.

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.