Cheap Apartments for Rent in the Penn Fallsway Neighborhood of Baltimore, MD from $400 (278 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Fallsway area of Baltimore.

817 St Paul St

Sharp Leadenhall Apartments

1012 N Calvert St

1020 N Calvert St

2726 Beryl Ave

834 N Carey St, Unit 3

EastView on the Avenue

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

2426 St Paul St

1917-APT Park Ave

816 Park Ave

Oak Hill Townhomes

St James Place

Vivo Living Baltimore

Mount Vernon Apartments

930 N Calvert St

13 E Read St

1720 McCulloh St, Unit 4

1718 McCulloh St, Unit 1

209 E Biddle St

Wyman Towers, LLC

7 N Carey St

Renaissance at Reservoir Hill

Live 501

Saint Paul Regency

Distillery Apartments

Linden Park Apartments (Seniors 62+)

1025 CATHEDRAL St

2709 federal

2572 McCulloh St

1041 W Baltimore St

807 Park Ave

0 S Carrollton Ave

12 E Madison St

104 E 20th St

Upton Courts

1305 W Pratt St, Unit 2

2449 Barclay St

2202 Maryland Ave

Chapel Green Apartments

1500 Edison Hwy, Unit 2

1500 Edison Hwy

The Baltimorean Apartments

Redwood Place

1837 Bolton St
Penn Fallsway, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Penn Fallsway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penn Fallsway Studio Apartments | $1,514 | $745 | $4,206 |
Penn Fallsway 1 Bedroom Apartments | $1,904 | $800 | $10,000+ |
Penn Fallsway 2 Bedroom Apartments | $2,487 | $925 | $6,223 |
Penn Fallsway 3 Bedroom Apartments | $2,515 | $1,025 | $5,335 |
Penn Fallsway 4 Bedroom Apartments | $2,240 | $1,165 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 278 rentals with your search options within a 2 mile radius of the Penn Fallsway Neighborhood of Baltimore, MD.
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Penn Fallsway, Baltimore, MD Local Guide
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Cheapest Available Penn Fallsway Apartments for Rent
 The cheapest available apartment rental in the Penn Fallsway area of Baltimore, MD is a 1 Bed unit found at Mary Harvin House priced from $654. Columbus School has the second lowest priced unit, which is a 1 Bed apartment currently listed from $662. Here are the most affordable Penn Fallsway apartments for rent in Baltimore, MD:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mary Harvin House | 1 bdr | 1BR,1BA | $654 |
Columbus School | 1 bdr | 1BR,1BA | $662 |
St Paul St 817 | 0BR/1.0BA | Studio,1BA | $745 |
Penn Square | 2 bdr | 2BR,1BA | $768 |
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 Penn Fallsway, MD
As of March 26, 2025 the best value apartment in the Penn Fallsway area is the $0.65 price per square foot 4 Bedroom / 2 Bathrooms (leased per bedroom) Model at HH Cresmont in the in the Burleith-Leighton neighborhood starting from $1,045. The second greatest value Penn Fallsway apartment is the 781 Washington Blvd Model at 781 Washington Blvd, Unit 2 starting at $1,600 with a $1.06 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Penn Fallsway apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
HH Cresmont | 4 Bedroom / 2 Bathrooms (leased per bedroom) | 4BR,2BA | $0.65 |
781 Washington Blvd, Unit 2 | 781 Washington Blvd | 2BR,1.5BA | $1.06 |
Guardian House | Studio/1 Bath - A | Studio ,1BA | $0.91 |
Calvert Property | 1BR/1.0BA | 1BR,1BA | $1.11 |
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 |
Mary Harvin House | 1 bdr | 1BR,1BA | $0.89 |
Columbus School | 1 bdr | 1BR,1BA | $1.01 |
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 LifestylePenn Fallsway, Baltimore, MD
Ranked #12
Among neighborhoods in Baltimore, MD for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Penn Fallsway, Baltimore, and the greater Baltimore area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Penn Fallsway Neighborhood in Baltimore, MD
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 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 Penn Fallsway Apartments
What is a cheap apartment in Penn Fallsway?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Fallsway is under $950.
What is the price of a cheap apartment in Penn Fallsway?
The cheapest apartment in Penn Fallsway is Mary Harvin House which is listed at $654, while the average apartment in Penn Fallsway costs $3,840.
What types of apartments are the cheapest in Penn Fallsway?
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 10,237 regular apartments in Penn Fallsway 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 Penn Fallsway?
Cheap apartments in Penn Fallsway have an average cost of $379 which is $3,461 cheaper than the average rent for all rentals in Penn Fallsway.
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.