Cheapest Neighborhoods in Baltimore, MD
Some of the cheapest neighborhoods in Baltimore are Broadway East, South Clifton Park, and Walbrook. These neighborhoods offer some of the lowest rent prices in Baltimore, making them ideal for renters on a budget. As of August 5, 2026, the average rent in Baltimore is $1,528, which is 2.3% 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.
Broadway East
Average Rent
$820/Month
Units Available
27 Rentals
When you’re looking for a great Baltimore neighborhood on a budget, check out Broadway East. The average rent is $820, compared to the city average of $1,528. Broadway East is convenient to Baltimore/Washington International Thurgood Marshall, Cultural Center, and Patterson Park Audubon Center.
South Clifton Park
Average Rent
$830/Month
Units Available
19 Rentals
South Clifton Park is an affordable neighborhood in Baltimore with an average rent price of $830. Compare this to the city average of $1,528. South Clifton Park provides easy access to Shot Tower/Market Place, North Avenue, and University of Baltimore.
Walbrook
Average Rent
$845/Month
Year-Over-Year Rent Change
1.6%
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Baltimore, Walbrook might be the perfect place! It has an average rent price of $845, while the city’s average stands at $1,528. In the last year, prices have increased by 1.6%. Walbrook is near Woodberry, Penn-North, and Baltimore/Washington International Thurgood Marshall.
Coppin Heights
Average Rent
$863/Month
Year-Over-Year Rent Change
1.6%
Units Available
13 Rentals
Coppin Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coppin Heights is $863 while the city average is $1,528. This is a 1.6% difference from last year. Residents enjoy convenient access to University of Baltimore, Coppin State University, and 3414 Duvall Ave.
Mondawmin
Average Rent
$868/Month
Units Available
12 Rentals
When you’re looking for a great Baltimore neighborhood on a budget, check out Mondawmin. The average rent is $868, compared to the city average of $1,528. Mondawmin is convenient to Mta Light Rail Division, Maryland Space Grant Consortium Observatory, and Rawlings Conservatory & Botanic Gardens.
Oliver
Average Rent
$937/Month
Units Available
10 Rentals
Oliver is an affordable neighborhood in Baltimore with an average rent price of $937. Compare this to the city average of $1,528. Oliver provides easy access to Patterson Park, Port Discovery Children's Museum, and University Of Baltimore/Mount Royal.
Penn North
Average Rent
$942/Month
Year-Over-Year Rent Change
1.1%
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Baltimore, Penn North might be the perfect place! It has an average rent price of $942, while the city’s average stands at $1,528. In the last year, prices have increased by 1.1%. Penn North is near B&O Railroad Museum, Baltimore/Washington International Thurgood Marshall, and Coppin State University.
Pen Lucy
Average Rent
$974/Month
Year-Over-Year Rent Change
12.5%
Units Available
13 Rentals
Pen Lucy is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pen Lucy is $974 while the city average is $1,528. This is a -12.5% difference from last year. Residents enjoy convenient access to Clifton Park, Johns Hopkins University, and Northwood Commons.
South Baltimore
Average Rent
$1,018/Month
Year-Over-Year Rent Change
3.6%
Units Available
69 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.
Woodbourne Heights
Average Rent
$1,067/Month
Year-Over-Year Rent Change
2.2%
Units Available
14 Rentals
When you’re looking for a great Baltimore neighborhood on a budget, check out Woodbourne Heights. The average rent is $1,067, compared to the city average of $1,528. Rent prices have increased by 2.2%. Woodbourne Heights is convenient to Loch Raven Shopping Center, Loyola University Maryland, and Cold Spring Shopping Center.
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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.