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Apartments Under $500 in Baltimore, MD

1 - 14 of 14 Results
34
$150 - 225
1111 Light Street
Deal
1111 Light Street Baltimore, MD
2 BR | May. 20, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
20
$ Ask - 1,125
Liberty Square Apartments
1726-1732 St Paul St Baltimore, MD
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
5
$149 - 499
541 E. Patapsco Ave Office Spaces
541 E. Patapsco Ave Baltimore, MD
Studio | Ask for Availability
Contact
13
$500
3445 Juneway
Baltimore, MD
1 BR | Available Now
Contact
Air Conditioning
10
$500
1255 Sargeant St
Baltimore, MD
1 BR | Available Now
Contact
Air Conditioning
Washington Village
12
$500
833 N Fulton Ave
Baltimore, MD
1 BR | Available Now
Contact
Air Conditioning
Harlem Park
13
$500
3010 Virginia Ave
Baltimore, MD
1 BR | Available Now
Contact
Air Conditioning
Central Park Heights
$125
Mulberry Court Apartments
401 N Eutaw St Baltimore, MD
Studio | Available Now
Contact
Section 8
Dishwasher
Seton Hill
1
$ Ask - 1,195
Calvert 2713
2713 N Calvert St Baltimore, MD
Studio | Jun. 1, 2026
Contact
Charles Village
1
$ Ask - 850
1706 N Bentalou St
Baltimore, MD
1 BR | Ask for Availability
Contact
Coppin Heights
20
$ Ask - 2,350
The Carlyle Apartments
500 W. University Pkwy Baltimore, MD
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Section 8
In Unit Laundry
20
$ Ask - 1,745
The Townhomes At Diamond Ridge
2531 Sarrington Cir Baltimore, MD
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
In Unit Laundry
Balcony/Deck/Patio
17
$ Ask - 1,680
The Marylander Apartment Homes
3501 St. Paul Street Baltimore, MD
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
Johns Hopkins Homewood
15
$ Ask - 1,630
Towson Crossing Apartment Homes
34 Dowling Circle Baltimore, MD
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1 - 14 of 14 Results
  1. Home
  2. Baltimore
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Baltimore, MD on Rentable.co?

There are 14 apartments under $500 in Baltimore currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Baltimore?

Rentable.co has 55 studio apartments under $500 available for rent in Baltimore.

How many one-bedroom apartments under $500 are available in Baltimore?

Rentable.co has 281 one-bedroom apartments under $500 available for rent in Baltimore.

How many two-bedroom apartments under $500 are available in Baltimore?

Rentable.co has 751 two-bedroom apartments under $500 available for rent in Baltimore.

Can I afford a apartment under $500 in Baltimore, MD?

To comfortably afford a apartment under $500 in Baltimore based on average rent prices, a household would need an annual income of $20,000.

Which neighborhoods have the most apartments under $500 for rent in Baltimore, MD?

  1. Federal Hill
  2. Mid-Town Belvedere
  3. Harlem Park
  4. Ednor Gardens-Lakeside
  5. Woodbrook

Apartments Under $500 in Baltimore, MD: May Rental Information

Welcome to the May 2026 Baltimore Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Baltimore rental landscape.

Our experts analyze the inventory trends for apartments under $500 - overall market rent-distribution, availability by bedroom count, and month-over-month comparisons - in Baltimore and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Baltimore.

Stay tuned for the complete report, which includes a breakdown of average rent prices by neighborhood and detailed information on the most affordable and sought-after apartment communities in Baltimore. Whether you're a student, young professional, or on a tight budget, Rentable's monthly rent report will help you find the perfect apartment within your budget in Baltimore.
0 25 50 75 100 <$800 $860 $980 $1,100 $1,220 $1,340 $1,460 $1,580 $1,700 $1,820 $1,940 $2,060 $2,180 >$2,300
This month, the typical cost to rent a one-bedroom apartment in Baltimore stands at $1,330, with the majority falling between $730 and $2,250. Out of the 8,376 one-bedroom apartments currently on the market in Baltimore, 70 are priced below $500, accounting for 1% of the total available one-bedroom units in Baltimore.

Available Apartments Under $500: Baltimore vs. Surrounding Areas

Baltimore, MD
Columbia, MD
Towson, MD
22
4
3
The chart above provides a snapshot of the number of available apartments under $500 in Baltimore, MD, and the surrounding cities as of May 2026. This data includes information for Aberdeen, Annapolis, Bel Air, Mount Airy, Rock Hall, Sykesville, Abingdon, Catonsville, Cockeysville, Columbia, Dundalk, Glen Burnie, Hanover, Odenton, Owings Mills, Parkville, Ellicott City, Perry Hall, Rosedale, Belcamp, Severn, Reisterstown, Pikesville, Gwynn Oak, Edgewood, Towson, Windsor Mill, Lutherville Timonium, Middle River, Clearwater Beach, Linthicum, Arnold, Nottingham, Finksburg, Halethorpe, Savage, Randallstown, Jessup, Gambrills, Brooklyn Park, Stevensville, Forest Hill, Essex, West Friendship, Joppa, Pasadena, Severna Park, and Elkridge. The chart offers a comprehensive overview of the current rental market, showcasing the total inventory of apartments under $500 in the entire Baltimore, MD metro area, indicating the options available to prospective renters in this price range.

Apartments Under $500 Now vs. Last Month: Baltimore and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Baltimore, MD 23 +1.02%
Columbia, MD 5 +1.03%
Towson, MD 4 +0.9%
Glen Burnie, MD 2 +1.07%
Elkridge, MD 2 +1.0%
Pikesville, MD 2 +1.0%
Dundalk, MD 2 +1.0%
Abingdon, MD 2 +1.0%
Annapolis, MD 1 +1.0%
Owings Mills, MD 1 +1.0%

Looking for Apartments Under $500 in Baltimore?

Available apartments under $500 1,186
Top amenities Air Conditioning, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Pet friendly 17
Utilities included 6
Furnished 2
Studio 12
1 Bedroom 15
3 Bedroom 6

Where are Baltimore Apartments Under $500?

Top Neighborhoods Federal hill, Mid-town belvedere, Harlem park, Ednor gardens-lakeside, Woodbrook
Federal Hill 2
Mid-Town Belvedere 2
Harlem Park 2
Ednor Gardens-Lakeside 2
Woodbrook 1
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