Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (128 Rentals)
Search the lowest-cost Apartments available for rent right now in the Locust Point area of Baltimore.

300 Cathedral St

816 Park Ave

The Tobee - Cathedral St 311

St James Place

816 E Baltimore St, Unit 2

Live 501

Vivo Living Baltimore
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3129 Eastern Ave, Unit Basement

3435 6th St

111 S Linwood Ave

Sharp Leadenhall Apartments

Middle Branch Manor

8 Howard and The 305

1700 S Charles St

The James

The Apartments at Charles Plaza

THE PORTLAND APARTMENTS
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The Atrium

Forrest Street

611 Park Avenue

300 W Fayette Luxury Apartments

416 N Howard St
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The Brown's Loft

University Place Apartments

1340 S Hanover St, Unit E

Marlboro Classic Apt & Redwood Square

627 Washington Blvd, Unit Apt 1

108 W Saratoga St

1742 Fleet St

1920 Gough St

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

733 W Pratt

301 W Franklin St

McDowell Building

100 W Lexington St

1923 E Pratt St

249-APT S Broadway

319 W Mulberry St

The Hamlet Lofts

The Harriet Apartments

405 W Redwood Apartments
Locust Point, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Locust Point?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Locust Point Studio Apartments | $1,563 | $849 | $4,253 |
Locust Point 1 Bedroom Apartments | $2,045 | $847 | $10,000+ |
Locust Point 2 Bedroom Apartments | $2,736 | $895 | $7,900 |
Locust Point 3 Bedroom Apartments | $2,452 | $1,146 | $8,285 |
Locust Point 4 Bedroom Apartments | $1,234 | $1,104 | $3,620 |
Browse Apartments in this Neighborhood
There are currently 128 rentals with your search options within a 2 mile radius of the Locust Point Neighborhood of Baltimore, MD.
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Locust Point, Baltimore, MD Local Guide
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Cheapest Available Locust Point Apartments for Rent
 The cheapest available apartment rental in the Locust Point area of Baltimore, MD is a 1 Bed unit found at Wheelhouse Co-Living priced from $847. Cathedral St 300 has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wheelhouse Co-Living | 4B | 1BR,1BA | $847 |
Cathedral St 300 | Studio | Studio,1BA | $849 |
The Tobee - Cathedral St 311 | 2 Bedroom | 2BR,1BA | $895 |
500 W - Located on the UMB Campus! | Eddy | 7BR,3BA | $920 |
St James Place | Nora IR | Studio,1BA | $952 |
Live 501 | SLS / 296 | Studio,1BA | $970 |
Vivo Living Baltimore | The Petite Studio | Studio,1BA | $975 |
The Lyn | 1BR/1.0BA | 1BR,1BA | $995 |
Best Value Apartments for Rent in Locust Point, MD
As of May 11, 2025 the best value apartment in the Locust Point area is the $1.09 price per square foot 625 Washington Blvd Model at 625 Washington Blvd, Unit Apt C in the in the Inner Harbor neighborhood starting from $2,400. The second greatest value Locust Point apartment is the 1038 S Charles St Model at 1038 S Charles St, Unit 1038 starting at $1,600 with a $0.89 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Locust Point apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
625 Washington Blvd, Unit Apt C | 625 Washington Blvd | 3BR,3BA | $1.09 |
1038 S Charles St, Unit 1038 | 1038 S Charles St | 2BR,2BA | $0.89 |
The Brown's Loft | Unit 501 | 2BR,2BA | $1.33 |
500 W - Located on the UMB Campus! | Lombard | 3BR,2BA | $1.03 |
Howard Row | 2BR/1.0BA | 2BR,1BA | $1.39 |
Guardian House | 1 Bed/1 Bath - F | 1BR,1BA | $1.30 |
816 E Baltimore St, Unit 2 | 816 E Baltimore St | Studio ,1BA | $1.19 |
Cathedral St 300 | Studio | Studio ,1BA | $1.10 |
The Tobee - Cathedral St 311 | 2 Bedroom | 2BR,1BA | $1.19 |
3129 Eastern Ave, Unit Basement | 3129 Eastern Ave | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLocust Point, Baltimore, MD
Ranked #35
Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Locust Point, Baltimore, MD
Francis Scott Key Elementary/Middle
Federal Hill Preparatory School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, 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 rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Locust Point Neighborhood in Baltimore, MD
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
49 / 100
Some Transit
A few 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 Locust Point Apartments
What is a cheap apartment in Locust Point?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Locust Point is under $995.
What is the price of a cheap apartment in Locust Point?
The cheapest apartment in Locust Point is Wheelhouse Co-Living which is listed at $847, while the average apartment in Locust Point costs $2,688.
What types of apartments are the cheapest in Locust Point?
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 138 regular apartments in Locust Point 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 Locust Point?
Cheap apartments in Locust Point have an average cost of $589 which is $2,099 cheaper than the average rent for all rentals in Locust Point.
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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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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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.