5+ Days Ago
Highlights
- Open concept design
- New flooring
- Storage room
Location
541 N Lakewood Ave, Baltimore, MD 21205, USA|McElderry Park
Tour 541 N Lakewood Ave
Contact
Nearby rentals
Renter hub
Property management
Apartments for rent WashingtonApartments for rent BaltimoreApartments for rent ArlingtonApartments for rent Dupont CircleApartments for rent AlexandriaApartments for rent Logan Circle - ShawApartments for rent Crystal City ShopsApartments for rent Columbia HeightsApartments for rent BrooklandApartments for rent BethesdaApartments for rent Southwest - WaterfrontApartments for rent Downtown - Penn Quarter - ChinatownApartments for rent U Street - CardozoApartments for rent RockvilleApartments for rent FairfaxApartments Near Me
Houses for rent WashingtonHouses for rent Dupont CircleHouses for rent Columbia HeightsHouses for rent North BethesdaHouses for rent Adams MorganHouses for rent Cathedral - Wesley Heights - McLean GardensHouses for rent LeDroit Park - BloomingdaleHouses for rent PetworthHouses for rent BrooklandHouses for rent Silver SpringHouses for rent RockvilleHouses for rent MerrifieldHouses for rent Van Ness - Forest HillsHouses for rent ArbutusHouses for rent ArbutusHouses for rent near me
Property Overview
Located in a prime area of Baltimore, this property features an open concept design with new flooring and a storage room. Proximity to a highly-rated elementary school and a wealth of visual content through 19 photos enhance its appeal. Additionally, its value stands in the top percentile compared to similar properties, ensuring attractive affordability.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
- Images Available
Great for
Social life
Amenities for 541 N Lakewood Ave, McElderry Park
Apartment Amenities
| Central Air | Three Floors |
Appliances
| In-Unit Laundry |
Building
| Basement | Exterior Type: Brick |
Grounds
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Advertisement
About 541 N Lakewood Ave
Sweet deal!
This listing is 33% below the median price for 4 bedroom apartments in McElderry Park.
Property Status: Active Rent improvement just in time for upcoming spring!!! Welcome into this renovated 4 bedroom home that boasts spacious and open concept design. As you enter into the kitchen you are presented with brand new countertops and cabinets. Pride in ownership shows with brand new flooring along with freshly painted walls. The basement level washer and dryer along with storage room. Located in the McElderry Park neighborhood, with only minutes away from major universities, hospitals, parks, shopping, and the downtown Baltimore Inner Harbor. Don't hesitate to schedule a tour today! Office Phone: (410) 464-5500 Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 541 N Lakewood Ave compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | McElderry Park |
|---|---|
| Zip code | 21205 |
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in McElderry Park
4-bedroom apartments at 541 N Lakewood Ave cost about 33% less than the average rent price for 4-bedroom apartments in Baltimore.
Median rents as of Feb 21 2026.
McElderry Park
Baltimore
| Month | Median Rent |
|---|---|
| March 2024 | $1,999 |
| April 2024 | $1,999 |
| May 2024 | $2,216 |
| June 2024 | $2,250 |
| July 2024 | $2,250 |
| August 2024 | $2,237 |
| September 2024 | $2,237 |
| October 2024 | $2,260 |
| November 2024 | $2,210 |
| December 2024 | $2,200 |
| January 2025 | $2,159 |
| February 2025 | $1,987 |
| March 2025 | $2,120 |
| April 2025 | $2,298 |
| May 2025 | $2,289 |
| June 2025 | $2,300 |
| July 2025 | $2,240 |
| August 2025 | $2,207 |
| September 2025 | $2,200 |
| October 2025 | $2,200 |
| November 2025 | $2,225 |
| December 2025 | $2,150 |
| January 2026 | $2,182 |
| February 2026 | $2,229 |
| Month | Median Rent |
|---|---|
| May 2025 | $2,261 |
| June 2025 | $2,250 |
| February 2026 | $2,100 |
Affordability calculator
Can I afford to live at 541 N Lakewood Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 4-bedrooms monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $1,700 |
Schools near 541 N Lakewood Ave
William Paca Elementary School
200 n lakewood ave
baltimore, MD, 21224
PK, K-7Public
C-
Elmer A. Henderson: A Johns Hopkins Partnership School
2100 ashland ave
baltimore, MD, 21205
PK, K-8Public
C-
Sharp-Leadenhall Elementary School
1919 n broadway st
baltimore, MD, 21213
2-7Public
C-
Lois T. Murray Elementary School
820 e 43rd st
baltimore, MD, 21212
K-8Public
C
William S. Baer School
2001 n warwick ave
baltimore, MD, 21216
PK, K-12Public
Advertisement
Internet available near 541 N Lakewood Ave
Getting around Baltimore near 541 N Lakewood Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
3/10
Roads are accessible, but parking may be a challenge.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 541 N Lakewood Ave, Baltimore
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Several bars within a few minutes’ walk
Compare similar properties nearby
- in-unit laundry
- dogs and cats ok
- dishwasher
Westview on the Avenue
Our team has verified this companySeton Hill • 610 Pennsylvania Ave
3 Beds
$1,365
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
Renaissance Row
Our team has verified this companyCentral Park Heights • 4301 Park Heights Avenue
3 Beds
$1,710
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
Franklin Lofts & Flats
Our team has verified this companyDowntown Baltimore • 20 E Franklin St
3 Beds
N/A
- in-unit laundry
- dogs and cats ok
- dishwasher
Uplands
Our team has verified this companyEdmondson Village • 4520 Scarlet Oak Lane
3 Beds
$1,484–$1,699
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
Westview on the Avenue
Our team has verified this companySeton Hill • 610 Pennsylvania Ave
3 Beds
$1,365
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
Renaissance Row
Our team has verified this companyCentral Park Heights • 4301 Park Heights Avenue
3 Beds
$1,710
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
Franklin Lofts & Flats
Our team has verified this companyDowntown Baltimore • 20 E Franklin St
3 Beds
N/A
- in-unit laundry
- dogs and cats ok
- dishwasher
Uplands
Our team has verified this companyEdmondson Village • 4520 Scarlet Oak Lane
3 Beds
$1,484–$1,699
- in-unit laundry
- dogs and cats ok
- dishwasher
- in-unit laundry
- dogs and cats ok
- dishwasher
Check availability
2 Bedroom house rentals in Baltimore222 listings
222 listings
3 Bedroom house rentals in Baltimore443 listings
443 listings
Advertisement