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Apartments for Rent in Maryland under $500


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  • Only 3 units left
    Studio $125
    Base rent
    3.5 (7)
    401 N Eutaw St, Baltimore, MD 21201
    Apply online • Pet friendly
  • Ask for pricing
    6809 Bellona Avenue, Baltimore, MD 21212
    Pet friendly • Dishwasher • Air conditioner
  • 1 bd $377
    Base rent Income restricted
    Verified Listing

    Homes On Johnsons Pond

    5.0 (4)
    1007 Lake St Ste 100A, Salisbury, MD 21801
    Pet friendly • Fitness center • In unit laundry
  • 3 bd $483
    Base rent
    Verified Listing

    Penn Avenue Townhomes

    5.0 (5)
    117 Juniper Way, Cumberland, MD 21502
  • Studio $20
    Base rent
    Verified Listing

    7000 Belair Road

    7000 Belair Road, Baltimore, MD 21206
    Pet friendly
  • 6-0-state

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Frequently asked questions

What are the best apartments in Maryland?
What type of rental buildings are in Maryland?

In Maryland 32% of the housing is rented out compared to 68% of homes are owned, according to the most recent Census Bureau estimates. 20% of Maryland's apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 14% are single-family rentals.

Apartments in Maryland under $500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 9 apartments for rent in Maryland on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Maryland is 760 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.