Most Affordable Neighborhoods in Baltimore, MD
Some of the cheapest neighborhoods in Baltimore are West Baltimore City, Northeast Baltimore City, and Lochearn. These neighborhoods offer some of the lowest rent prices in Baltimore, making them ideal for renters on a budget. As of April 5, 2025, the average rent in Baltimore is $1,482, which is 2.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
West Baltimore City
Average Rent
$1,256/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
69/100
Units Available
117 Rentals
West Baltimore City stretches from the west side of Downtown Baltimore toward I-695. It includes several smaller communities like Allendale, Westgate, and West Hills. West Baltimore is home to the beautiful Union Square, a neighborhood famous for its rowhouses. Residents enjoy spending time at Gwynns Falls Park, a beautiful park with an extensive bike trail.
Northeast Baltimore City
Average Rent
$1,354/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
57/100
Units Available
208 Rentals
Northeast Baltimore City is home to a thriving arts community and Morgan State University. Several communities are located here, including Nottingham, a popular shopping district. Affordable housing options make it an ideal spot for cost-conscious renters.
Lochearn
Average Rent
$1,428/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
50/100
Units Available
124 Rentals
If you’re looking for a great, affordable neighborhood in Baltimore, Lochearn might be the perfect place! It has an average rent price of $1,428, while the city’s average stands at $1,482. In the last year, prices have decreased by 1.1%. Lochearn is near Liberty Center, Woodmoor Shopping Center, and Coppin State University.
Northwest Baltimore City
Average Rent
$1,436/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
67/100
Units Available
130 Rentals
Northwest Baltimore City features scenic parks like Druid Hill Park and Cylburn Arboretum. The neighborhood's affordable rental rates attract those seeking value for their money. Diverse shopping options cater to a variety of tastes and budgets.
South Baltimore
Average Rent
$1,615/Month
TransitScore® Rating
19/100
Units Available
151 Rentals
South Baltimore provides picturesque waterfront views without the hefty price tag. Affordable rentals near marinas and parks cater to those who love the outdoors. Local restaurants and shops add to the neighborhood’s budget-friendly charm.
Mount Vernon
Average Rent
$1,644/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
100/100
Units Available
129 Rentals
Mount Vernon is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mount Vernon is $1,644 while the city average is $1,482. This is a 1.7% difference from last year. Residents enjoy convenient access to Cultural Center, Univ. of Maryland-Baltimore, and B&O Railroad Museum. The neighborhood is considered walkable with a WalkScore® of 99.
Midtown Baltimore
Average Rent
$1,683/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
98/100
Units Available
109 Rentals
When you’re looking for a great Baltimore neighborhood on a budget, check out Midtown Baltimore. The average rent is $1,683, compared to the city average of $1,482. Rent prices have increased by 0.8%. Midtown Baltimore is convenient to National Aquarium in Baltimore, Univ. of Maryland-Baltimore, and University Of Baltimore/Mount Royal. The community is walkable with a WalkScore® of 97.
Historic Baltimore
Average Rent
$1,691/Month
TransitScore® Rating
100/100
Units Available
433 Rentals
Historic Baltimore captivates with its remarkable architecture and budget-conscious housing choices. Renters can explore museums and heritage sites without straying far from home. Quaint streets and local businesses enhance the neighborhood's allure.
North Baltimore City
Average Rent
$1,780/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
73/100
Units Available
413 Rentals
North Baltimore City combines residential tranquility with cost-effective housing options. Renters will appreciate the area's accessible public transport and local amenities. Green spaces and community events foster a welcoming environment.
Downtown Baltimore
Average Rent
$1,812/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
98/100
Units Available
896 Rentals
Downtown Baltimore is an affordable neighborhood in Baltimore with an average rent price of $1,812. Compare this to the city average of $1,482. In the past year, rent prices have decreased by 0.1%. Downtown Baltimore provides easy access to State Center (Metro) Sb, Charles Plaza, and Lexington Market. It’s a walkable neighborhood with a WalkScore® of 94.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.