Most Affordable Neighborhoods in Baltimore, MD
Some of the cheapest neighborhoods in Baltimore are West Baltimore City, Northwest 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 May 2, 2025, the average rent in Baltimore is $1,485, which is 0.8% 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
$1,277/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
69/100
Units Available
131 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.
Northwest Baltimore City
Average Rent
$1,407/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
67/100
Units Available
153 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.
Lochearn
Average Rent
$1,407/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
50/100
Units Available
115 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 $1,407, while the city’s average stands at $1,485. In the last year, prices have decreased by 1.8%. Lochearn is near Stevenson Univ., Greenspring, Liberty Center, and West Cold Spring.
Northeast Baltimore City
Average Rent
$1,423/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
57/100
Units Available
229 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.
East Baltimore
Average Rent
$1,436/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
75/100
Units Available
106 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.
South Baltimore
Average Rent
$1,543/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
62/100
Units Available
149 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
$1,614/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
100/100
Units Available
133 Rentals
Mount Vernon is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mount Vernon is $1,614 while the city average is $1,485. This is a 2.3% difference from last year. Residents enjoy convenient access to Univ. of Maryland-Baltimore, Peabody Institute, and Maryland Science Center. The neighborhood is considered walkable with a WalkScore® of 99.
Historic Baltimore
Average Rent
$1,663/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
100/100
Units Available
390 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.
Midtown Baltimore
Average Rent
$1,737/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
98/100
Units Available
107 Rentals
When you’re looking for a great Baltimore neighborhood on a budget, check out Midtown Baltimore. The average rent is $1,737, compared to the city average of $1,485. Rent prices have increased by 1.3%. Midtown Baltimore is convenient to Cultural Center, University of Baltimore, and Maryland Inst. College of Art. The community is walkable with a WalkScore® of 97.
North Baltimore City
Average Rent
$1,805/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
21/100
Units Available
410 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.
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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.