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242 N Payson St

Baltimore, MD 21223 - Baltimore City County

Townhouse

3 beds

1 baths

1,152 sqft

About 242 N Payson St

Gorgeous Renovated Townhouse Rental In The Heart of PENROSE/LEXINGTON. This amazing 3-bedroom, 1-bathroom home boasts modern updates, architectural interest and Baltimore charm throughout. Renovated and updated, this move in ready gem features comfortable living room with attractive chic gray neutral paint, leading into the open space living/dining and Huge eat-in kitchen, gas cooking, modern cabinets, led lighting, modern appliances. Upper level offers 3 spacious bedrooms with carpet flooring, accompanied by ultra-stylish bathroom including skylight. The finish basement has a bedroom and a storage space for convenience. Central heating, large backyard is ideal for your Cookouts and Entertaining. Property is blocks from Grace Medical Center and 10 minutes driving from Baltimore Inner Harbor, MT Bank Stadium and Camden Yards Quick access to I-95.

RentalSource last checked: August 10, 2025 at 2:14 PM ET

Last updated: August 5, 2025 at 3:14 PM ET

Listed by: Jessica Haden, (443) 807-6903

Property Summary

Property Type:	Townhouse
Rental Fee:	$1,600
Bedrooms:	3 beds
Bathrooms:	1 baths

Size:	1,152 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	81939894

Property Amenities

• Carpeted Floors

Community Features

• Storage

Leasing Information

Application Qualifications and Requirements: Looking for a lease of minimum 24 months (2 years) but 36 months (3 years) strongly preferred. First Month rent and 1 month Security deposit. Tenant is responsible for All Utilities including Gas, Electric, Water and Trash. Minimum income requirement of 3 times the monthly rent for the household, no evictions or recent filings, good credit history with 620 minimum credit score and current accounts in good standing. Application fee $40 each adult. Pets considered case by case with $50 monthly and a $500 additional deposit. Utilities are not included....

Additional Details

Townhouse for rent in Baltimore for $1,600 with 3 beds, 1 bath, 1,152 sqft and located at 242 N Payson St in Baltimore, MD 21223. The rental price of $1,600 is 14.1% ($262) lower than the average rent of $1,862 for a 3 bedroom townhouse in Baltimore, MD. 242 N Payson St was advertised by Jessica Haden on August 5, 2025 at 9:15 AM ET and last checked today at 2:14 PM ET.

Affordability Calculator

Can I afford to live at 242 N Payson St?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$64,000 /year

With your chosen rent-to-income ratio, an annual income of $64,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,600 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Townhouse for rent

$1,600

Rent Affordability Calculator

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Property managed by:

Jessica Haden
(443) 807-6903

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.