Cheap Apartments for Rent in the Penn North Neighborhood of Baltimore, MD from $400 (304 Rentals)

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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

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

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property at 816 Park Ave

816 Park Ave

BaltimoreMD21201

Navigating the Rental Market: Tips for First-Time Renters

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Baltimore's Best Affordable Neighborhoods

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Showing Results 1-50, Page 1 of 7

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 $723. St Paul St 817 has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Penn North apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
North Avenue Gateway II1 bdr1BR,1BA$723
St Paul St 8170BR/1.0BAStudio,1BA$745
Penn Square2 bdr2BR,1BA$768
Oak Hill TownhomesStudio ApartmentStudio,1BA$830
Cathedral St 300StudioStudio,1BA$849
Mt. Vernon PropertiesStudioStudio,1BA$850
North Avenue Gateway2 bdr2BR,1BA$857

Best Value Apartments for Rent in Penn North, MD

As of May 15, 2025 the best value apartment in the Penn North area is the $0.56 price per square foot 3213 Dorchester Rd Model at 3213 Dorchester Rd, Unit 2 in the in the Burleith-Leighton neighborhood starting from $1,500. The second greatest value Penn North 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 North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3213 Dorchester Rd, Unit 23213 Dorchester Rd2BR,1BA$0.56
815 N Calhoun St, Unit 1815 N Calhoun St2BR,2BA$0.92
615 N Calhoun St, Unit 101615 N Calhoun St2BR,1BA$0.94
Renaissance at Reservoir HillTwo Bedrooms One Bath2BR,1BA$0.81
1718 McCulloh St, Unit 11718 McCulloh St1BR,1BA$0.95
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
North Avenue Gateway2 bdr2BR,1BA$0.90

Quick Rent Budget Calculator

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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 $857.

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 $723, while the average apartment in Penn North costs $3,250.

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 263 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 $741 which is $2,509 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.

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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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.