Cheap Homes for Rent in Penn Fallsway Neighborhood of Baltimore, MD from $600 (131 Rentals)

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Search the lowest-cost Homes available for rent right now in the Penn Fallsway area of Baltimore.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

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property at 2103 Belair Rd

2103 Belair Rd

BaltimoreMD21213

Navigating the Rental Market: Tips for First-Time Renters

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property at 1602 N Broadway

1602 N Broadway

BaltimoreMD21213

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property at 148 N East Ave

148 N East Ave

BaltimoreMD21224
property at 1801 E Chase St

1801 E Chase St

BaltimoreMD21213

Baltimore's Best Affordable Neighborhoods

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Penn Fallsway, Baltimore, MD Local Guide

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 $575. 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 ListingModel NameBed/BathPriced From
Mary Harvin House1 bdr1BR,1BA$575
Columbus School1 bdr1BR,1BA$662
St Paul St 8170BR/1.0BAStudio,1BA$745
Penn Square2 bdr2BR,1BA$768
Oak Hill TownhomesStudio ApartmentStudio,1BA$830
Wheelhouse Co-Living4B1BR,1BA$847
Cathedral St 300StudioStudio,1BA$849
Mt. Vernon PropertiesStudioStudio,1BA$850

Best Value Apartments for Rent in Penn Fallsway, MD

As of May 15, 2025 the best value apartment in the Penn Fallsway area is the $0.92 price per square foot 1038 S Charles St Model at 1038 S Charles St, Unit 1 in the in the Inner Harbor neighborhood starting from $1,650. The second greatest value Penn Fallsway 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 Penn Fallsway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1038 S Charles St, Unit 11038 S Charles St2BR,2BA$0.92
815 N Calhoun St, Unit 1815 N Calhoun St2BR,2BA$0.92
1038 S Charles St, Unit 10381038 S Charles St2BR,2BA$0.89
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
834 N Carey St, Unit 3834 N Carey St1BR,1BA$0.85
1721 McCulloh St, Unit 31721 McCulloh St1BR,1BA$0.85
832 N Carey St, Unit 2832 N Carey St1BR,1BA$0.88
Penn Square2 bdr2BR,1BA$0.80
Columbus School1 bdr1BR,1BA$0.84
Mary Harvin House1 bdr1BR,1BA$0.83

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Frequently Asked Questions about Penn Fallsway

What type of rentals are currently available in Penn Fallsway?

There are currently 1602 Apartments for Rent in Penn Fallsway, MD with pricing that ranges from $628 to $12,000. There are also 455 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Fallsway ranging from $600 to $7,000.

What is the current price range for Rental Homes in Penn Fallsway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Fallsway ranges from $600 to $7,000 with an average monthly rent of $2,402.

How much are larger Three and Four Bedroom Rentals in Penn Fallsway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Fallsway range from $915 to $8,440, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $7,000. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $1,025.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.