Cheap Apartments for Rent in the Locust Point Neighborhood of Baltimore, MD from $500 (131 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

Read Article
Showing Results 1-50, Page 1 of 3

Locust Point, Baltimore, MD Local Guide

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 Highlandtown Plaza Co-op Apartments 62+ priced from $845. Wheelhouse Co-Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $847. Here are the most affordable Locust Point apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Highlandtown Plaza Co-op Apartments 62+Standard1BR,1BA$845
Wheelhouse Co-Living4B1BR,1BA$847
The Tobee - Cathedral St 311 (19 W. Mulber...1 Bedroom1BR,1BA$895
Cathedral St 3001 Bedroom1BR,1BA$950
St James PlaceNora IRStudio,1BA$952
Vivo Living BaltimoreThe Petite StudioStudio,1BA$960
Live 501SLS / 296Studio,1BA$970
RiverfrontThree Bedroom3BR,2BA$1,087
Redwood PlaceStudio, 1 BathroomStudio,1BA$1,100

Best Value Apartments for Rent in Locust Point, MD

As of April 15, 2025 the best value apartment in the Locust Point area is the $0.72 price per square foot Three Bedroom Model at Riverfront in the in the South Baltimore neighborhood starting from $1,475. The second greatest value Locust Point apartment is the Unit 501 Model at The Brown's Loft starting at $1,590 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
RiverfrontThree Bedroom3BR,2BA$0.72
The Brown's LoftUnit 5012BR,2BA$1.33
Howard Row2BR/1.0BA2BR,1BA$1.39
Multi-Family Lofts Units1BR/1.0BA1BR,1BA$1.60
Guardian House1 Bed/1 Bath - F1BR,1BA$1.30
500 W.Howard2BR,1BA$1.55
816 E Baltimore St, Unit 2816 E Baltimore StStudio ,1BA$1.19
Southwood2 TOWN2BR,1BA$1.69
The Tobee - Cathedral St 311 (19 W. Mulber...2 Bedroom2BR,1BA$1.40
Cathedral St 3001 Bedroom1BR,1BA$1.42

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Locust Point, Baltimore, MD

Ranked #25

Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Locust Point, Baltimore, MD

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 $1,100.

What is the price of a cheap apartment in Locust Point?

The cheapest apartment in Locust Point is Highlandtown Plaza Co-op Apartments 62+ which is listed at $845, while the average apartment in Locust Point costs $2,771.

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 115 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 $425 which is $2,346 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.

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 Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.