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 January 26, 2025, the average rent in Baltimore is $1,477, which is 2.2% 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
$1,236/Month
Year-Over-Year Rent Change
1.2%
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
$1,369/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
57/100
Units Available
139 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
$1,411/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
67/100
Units Available
133 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.
Milford Mill
Average Rent
$1,472/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
43/100
Units Available
108 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.
South Baltimore
Average Rent
$1,554/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
62/100
Units Available
121 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
$1,656/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
100/100
Units Available
93 Rentals
When you’re looking for a great Baltimore neighborhood on a budget, check out Mount Vernon. The average rent is $1,656, compared to the city average of $1,477. Rent prices have increased by 1.4%. Mount Vernon is convenient to Federal Hill Park, State Center, and University of Baltimore. The community is walkable with a WalkScore® of 99.
Historic Baltimore
Average Rent
$1,660/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
100/100
Units Available
415 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
$1,766/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
21/100
Units Available
383 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
$1,829/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
98/100
Units Available
813 Rentals
Downtown Baltimore is an affordable neighborhood in Baltimore with an average rent price of $1,829. Compare this to the city average of $1,477. In the past year, rent prices have increased by 1.7%. Downtown Baltimore provides easy access to Maryland Science Center, National Aquarium in Baltimore, and Federal Hill Park. It’s a walkable neighborhood with a WalkScore® of 94.
Tuscany-Canterbury
Average Rent
$1,848/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
63/100
Units Available
116 Rentals
If you’re looking for a great, affordable neighborhood in Baltimore, Tuscany-Canterbury might be the perfect place! It has an average rent price of $1,848, while the city’s average stands at $1,477. In the last year, prices have increased by 2.6%. Tuscany-Canterbury is near Rawlings Conservatory & Botanic Gardens, Druid Hill Park, and Maryland Inst. College of Art.
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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.