Cheap Apartments for Rent in the Penn North Neighborhood of Baltimore, MD from $400 (210 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 Penn North area of Baltimore.

property at 817 St Paul St

817 St Paul St

BaltimoreMD21202
property at 2003 Hollins St

2003 Hollins St

BaltimoreMD21223

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
property at 816 Park Ave

816 Park Ave

BaltimoreMD21201
property at 7 N Carey St

7 N Carey St

BaltimoreMD21223
property at 2426 St Paul St

2426 St Paul St

BaltimoreMD21218
Showing Results 1-50, Page 1 of 5

Penn North, Baltimore, MD Local Guide

Cheapest Available Penn North Apartments for Rent

 

The cheapest available apartment rental in the Penn North area of Baltimore, MD is a 1 Bed unit found at North Avenue Gateway II priced from $628. Cold Spring Lane has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here are the most affordable Penn North apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
North Avenue Gateway II1 bdr1BR,1BA$628
Cold Spring LaneOne Bedroom1BR,1BA$647
North Avenue Gateway2 bdr2BR,1BA$706
St Paul St 8170BR/1.0BAStudio,1BA$745
Penn Square2 bdr2BR,1BA$768
Mt. Vernon PropertiesStudioStudio,1BA$850
Ashburton Woods ApartmentsOne Bedroom/1 Bath1BR,1BA$855
The Tobee - Cathedral St 311 (19 W. Mulber...1 Bedroom1BR,1BA$895
Hampton Court ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Penn North, MD

As of April 14, 2025 the best value apartment in the Penn North 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 North apartment is the Two Bedrooms One Bath Model at Renaissance at Reservoir Hill starting at $953 with a $0.81 price per square foot in the Central Baltimore neighborhood. Here is today’s list of the best values for Penn North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
HH Cresmont4 Bedroom / 2 Bathrooms (leased per bedroom)4BR,2BA$0.65
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
North Avenue Gateway2 bdr2BR,1BA$0.71
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
Penn Square2 bdr2BR,1BA$0.80
Ashburton Woods ApartmentsOne Bedroom/1 Bath1BR,1BA$1.02
Cold Spring LaneOne Bedroom1BR,1BA$0.98
North Avenue Gateway II1 bdr1BR,1BA$0.96

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

Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Maryland including Penn North, 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 proximity to parks, transit availability, pet-friendly communities, apartment communities for the kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Penn North Neighborhood in Baltimore, MD

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

84 / 100

Excellent Transit

Transit is convenient for most trips

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 North Apartments

What is a cheap apartment in Penn North?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn North is under $900.

What is the price of a cheap apartment in Penn North?

The cheapest apartment in Penn North is North Avenue Gateway II which is listed at $628, while the average apartment in Penn North costs $3,890.

What types of apartments are the cheapest in Penn North?

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 170 regular apartments in Penn North 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 North?

Cheap apartments in Penn North have an average cost of $579 which is $3,311 cheaper than the average rent for all rentals in Penn North.

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.