Executive Townes at Shipley's Grant in Baltimore: Waterfront Apartments in Federal Hill
Executive Townes at Shipley's Grant is a mid-rise rental community in Federal Hill offering one- and two-bedroom apartments with direct views of the Inner Harbor and easy walking access to restaurants, shops, and the waterfront promenade. The property sits at the southern edge of the neighborhood's residential core, positioning residents within a five-minute walk of the National Aquarium and ten minutes from Harbor East.
What Executive Townes at Shipley's Grant actually is
The complex is a 200-unit building constructed in the 1990s and marketed primarily to young professionals and empty-nesters seeking apartment living without the commitment of homeownership. Units range from roughly 650 square feet (one-bedroom) to 950 square feet (two-bedroom). The building offers standard urban amenities: a fitness center, outdoor courtyard, and package room. Parking is assigned and covered, a significant advantage in Federal Hill, where on-street spaces are scarce and paid street parking serves much of the neighborhood.
Rent, lease terms, and what to expect
One-bedroom apartments rent between $1,500 and $1,800 per month; two-bedrooms between $1,900 and $2,300. Prices fluctuate seasonally and depend on floor height and harbor view; higher floors and water-facing units command premiums of $200 to $400 monthly. Leases are typically 12 months, though some flexibility exists for longer or shorter terms during slower leasing seasons (December through February). Security deposit equals one month's rent. Most units include heat and hot water; tenants pay electricity and internet separately. A verification note: confirm current pricing and availability directly with the leasing office, as rates in Federal Hill have shifted notably in recent years.
The application process requires a credit check, proof of income (generally 30 times the monthly rent annually, or a co-signer), and rental history verification. Applications are typically approved or denied within five business days.
How Executive Townes compares to other Federal Hill apartments
Federal Hill has three broad rental tiers. At the luxury end, buildings like 414 Light Street and 10 Light Street offer premium finishes, concierge services, and rooftop amenities at $2,200 to $3,000 for one-bedrooms, attracting older professionals and established families with higher budgets. In the mid-market, Executive Townes and comparable properties like Harbor View Towers and The Fitzgerald offer solid amenities and location at $1,500 to $2,300, serving the bulk of the neighborhood's renters. At the value end, older garden apartments and converted rowhouses rent for $1,200 to $1,600 but lack modern infrastructure, amenities, and reliable climate control.
Choose Executive Townes if you prioritize a modern building, parking, and Inner Harbor views at mid-market pricing. Choose a luxury tower if you need concierge service, a gym exceeding basic equipment, or a rooftop lounge. Choose a value apartment if you are price-sensitive and willing to sacrifice building amenities and modernity.
Who this property suits and who it does not
Executive Townes works well for young professionals working downtown or in Harbor East who value the short commute and walkable neighborhood. It also suits couples and small families without children who want apartment convenience near waterfront dining and entertainment. The location is less ideal for families with school-age children (Federal Hill's public schools are below city average, though some residents bus to magnet programs elsewhere) or for anyone seeking maximum space on a tight budget.
The building's age (built 1990s) means some units have less-than-modern kitchens and bathrooms compared to newly constructed properties, though the building is well-maintained. Noise from the Inner Harbor and nearby Light Street can be noticeable on lower floors facing west.
What the first visit and leasing process involve
Schedule a tour through the leasing office, located in the building's lobby at the corner of Shipley and Light Street. Tours run daily; the leasing team shows floor plans and available units. If you find a unit you like, you can submit an application on the spot. Bring a government-issued ID, recent pay stubs, and a list of prior landlords' contact information to streamline approval. The leasing office will conduct a walk-through with you before you take occupancy, and you will sign a move-in checklist documenting any existing damage.
Parking, transit, and logistics
Covered assigned parking is included in rent and is perhaps the single biggest advantage over competing Federal Hill apartments, most of which offer ground-level lot parking or street-only options. The building sits one block from the Light Rail's Pratt Street stop, making trips to Downtown, Canton, and beyond quick and reliable. Walking to Harbor East, Fells Point, and the Inner Harbor's attractions takes 10 to 20 minutes depending on your destination.
The leasing office is open Monday through Friday, 9 a.m. to 6 p.m., and Saturday and Sunday, 10 a.m. to 5 p.m. Phone inquiries are answered during office hours; email responses typically arrive within 24 hours on weekdays.
Executive Townes fills a practical middle ground in Federal Hill's rental market: modern enough to meet urban standards, centrally located enough to serve working professionals, and priced below the waterfront luxury tier. For apartment hunters in Baltimore weighing neighborhood options, it represents a straightforward choice for Federal Hill living without premium pricing.
