Most Affordable Neighborhoods in Baltimore, MD
Some of the cheapest neighborhoods in Baltimore are West Baltimore City, Northeast Baltimore City, and Northwest Baltimore City. These neighborhoods offer some of the lowest rent prices in Baltimore, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Baltimore is $1,467, which is 3% 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
$1,241/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
69/100
Units Available
129 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
$1,362/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
57/100
Units Available
137 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.
Northwest Baltimore City
Average Rent
$1,383/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
67/100
Units Available
137 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.
East Baltimore
Average Rent
$1,478/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
75/100
Units Available
87 Rentals
East Baltimore stands out with its rich history and convenient access to downtown amenities. Renters will find a range of budget-friendly apartments in this well-connected area. Street vendors and local shops create a lively atmosphere that residents adore.
Milford Mill
Average Rent
$1,482/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
43/100
Units Available
98 Rentals
Milford Mill offers a tranquil suburban feel with the convenience of quick city access. Located near the Patapsco River, residents enjoy a variety of scenic parks. Residents appreciate easy access to shops, restaurants, and entertainment venues.
Historic Baltimore
Average Rent
$1,608/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
100/100
Units Available
437 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.
South Baltimore
Average Rent
$1,639/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
62/100
Units Available
122 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.
North Baltimore City
Average Rent
$1,736/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
73/100
Units Available
385 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
$1,796/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
98/100
Units Available
832 Rentals
If you’re looking for a great, affordable neighborhood in Baltimore, Downtown Baltimore might be the perfect place! It has an average rent price of $1,796, while the city’s average stands at $1,467. In the last year, prices have increased by 1.1%. Downtown Baltimore is near Lexington Market, Peabody Institute, and Port Discovery Children's Museum.
Tuscany-Canterbury
Average Rent
$1,829/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
63/100
Units Available
121 Rentals
Tuscany-Canterbury is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tuscany-Canterbury is $1,829 while the city average is $1,467. This is a 3.2% difference from last year. Residents enjoy convenient access to Coldspring Lane, Mta Light Rail Division, and Green Spring Tower Square. The neighborhood is considered somewhat walkable with a WalkScore® of 66.
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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.