Cheap Apartments for Rent in the Lexington Terrace Neighborhood of Baltimore, MD from $400 (272 Rentals)

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

property at 817 St Paul St

817 St Paul St

BaltimoreMD21202
property at 2003 Hollins St

2003 Hollins St

BaltimoreMD21223

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 816 Park Ave

816 Park Ave

BaltimoreMD21201

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 7 N Carey St

7 N Carey St

BaltimoreMD21223
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Lexington Terrace, Baltimore, MD Local Guide

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 ListingModel NameBed/BathPriced From
St Paul St 8170BR/1.0BAStudio,1BA$745
Penn Square2 bdr2BR,1BA$768
The Tobee - Cathedral St 3111 Bedroom2BR,1BA$795
Cathedral St 300StudioStudio,1BA$849
Mt. Vernon PropertiesStudioStudio,1BA$850
EastView on the AvenueOne Bedroom1BR,1BA$880
Hampton Court ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Lexington Terrace, MD

As of April 28, 2025 the best value apartment in the Lexington Terrace 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 Lexington Terrace apartment is the 815 N Calhoun St Model at 815 N Calhoun St, Unit 1 starting at $1,650 with a $0.92 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 ListingModel NameBed/BathPrice Per Sq.Ft.
30 E Preston St, Unit A30 E Preston St5BR,5BA$1.08
815 N Calhoun St, Unit 1815 N Calhoun St2BR,2BA$0.92
2323 Callow Ave, Unit #5 Isiah582323 Callow Ave2BR,1.5BA$1.04
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
500 W.Lombard3BR,2BA$1.03
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
1721 McCulloh St, Unit 31721 McCulloh St1BR,1BA$0.85
Penn Square2 bdr2BR,1BA$0.80

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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 $900.

What is the price of a cheap apartment in Lexington Terrace?

The cheapest apartment in Lexington Terrace is EastView on the Avenue which is listed at $880, while the average apartment in Lexington Terrace costs $3,890.

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 177 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 $604 which is $3,286 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.

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 Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.