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Park Terrace Apartments

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(240) 474-0436
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500 Mt Vernon Pl, Rockville, MD 20850

Contact

Park Terrace Apartments

500 Mt Vernon Pl
Rockville, MD 20850
(240) 474-0436
Park Terrace Apartments in Rockville, MD - Building Photo
  • 1–3 Bedrooms
  • $1,655-$2,355 Pricing
  • 750–1,050 Square Feet

About Park Terrace Apartments

Located in the heart of Rockville, MD, Park Terrace Apartments offers one, two and three bedroom apartment living with very spacious floor plans and laundry facilities in each building. Our community is surrounded by other home communities, as well as an abundance of shopping, recreational activities and restaurants. With the Rockville Metro and MARC Train stations less than a mile away, our location offers ease of commuting. Park Terrace is also minutes from Interstates 495 and 270, as well as the Inter-County Connector (ICC). Arrange a tour of your next new home today, while select renovated units are still available.

Park Terrace Apartments is located in the Central Rockville Neighborhood and 20850 Zip code of Rockville, MD. This community is professionally managed by Promark Partners

Property Contact Info

Office Hours

Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Floorplan Pricing and Availability

Park Terrace Apartments offers 1 to 3 Bedroom apartments starting from $1,655 and having 750–1,050 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 bed, 1 bath renovated

    From $1,830

    1 Bed, 1 Bath, 750 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,830Available Now2750
    $1,830Available Now3750
    $1,830Available Now4750

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Smoke Free

    Kitchen

    • Disposal
    • Granite Countertops
    • Kitchen
    • Oven
    • Pantry
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,830 - $2,030

    Deposit

    • $500 deposit

    Unit 2 Rent and Fees

    Unit Price

    • From $1,830

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,830 - $2,030

    Unit 3 Rent and Fees

    Unit Price

    • From $1,830

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,830 - $2,030

    Unit 4 Rent and Fees

    Unit Price

    • From $1,830

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,830 - $2,030

    1 bed, 1 bath

    1 Bed, 1 Bath, 750 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,655Call for Availability1 bed, 1 bath750 sq ft$500

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $1,655 - $1,855

    Deposit

    • $500 deposit
    Show Unavailable Floorplans
  • 2 Bedrooms

    2 bed, 1 bath

    2 Beds, 1 Bath, 950 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,740Call for Availability2 bed, 1 bath950 sq ft$500

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $1,740 - $1,940

    Deposit

    • $500 deposit

    2 bed, 1 bath renovated

    2 Beds, 1 Bath, 950 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,890Call for Availability2 bed, 1 bath renovated950 sq ft$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Smoke Free

    Kitchen

    • Disposal
    • Granite Countertops
    • Kitchen
    • Oven
    • Pantry
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,890 - $2,090

    Deposit

    • $500 deposit
  • 3 Bedrooms

    3 bed, 1 bath renovated

    3 Beds, 1 Bath, 1050 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $2,155Call for Availability3 bed, 1 bath renovated1050 sq ft$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Smoke Free

    Kitchen

    • Disposal
    • Granite Countertops
    • Kitchen
    • Oven
    • Pantry
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $2,155 - $2,355

    Deposit

    • $500 deposit
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (240) 474-0436 to request a tour.

3D Tours

Property Information

  • 45 Units
  • 3 Stories
  • Built in 1965

Lease Terms

  • 6 - 15 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50.00

Other Fees and Policies

Pet Fees

Cat
Pet DepositiMax of 2. Charged Per Pet.$250.00
One-Time Pet FeeiMax of 2. Charged Per Pet.$250.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00
100 lbs. Weight Limit
Restrictions:

Pets are welcome with an additional $250 non-refundable pet deposit and a $25 - $50 monthly pet rent depending on a number of factors. We have no weight or breed restriction. All pets must be screened through petscreening.com.

Comments:

Max of 2.

Dog
Pet DepositiMax of 2. Charged Per Pet.$250.00
One-Time Pet FeeiMax of 2. Charged Per Pet.$250.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00
100 lbs. Weight Limit
Restrictions:

Pets are welcome with an additional $250 non-refundable pet deposit and a $25 - $50 monthly pet rent depending on a number of factors. We have no weight or breed restriction. All pets must be screened through petscreening.com.

Comments:

Max of 2.

Parking Info and Fees

Surface LotiAll surface spots are on a first come, first served basis and there is no fee for parking.
  • 75 Max

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Package Service
  • Property Manager On Site
  • Pet Play Area
  • Public Transportation
  • Laundry Facilities

Recreation and Fitness

  • Tennis Court
  • Basketball Court
  • Walking/Biking Trails

Interior Features

  • Balcony
  • Heating
  • High Speed Internet Access
  • Cable Ready
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Kitchen
  • Pantry
  • Oven
  • Refrigerator
  • Disposal
  • Granite Countertops

Living Area Features

  • Carpet
Google Map

Map

500 Mt Vernon Pl, Rockville, MD 20850

Getting Around

  • 60 / 100 Moderately walkable

    Most day-to-day needs are within walking distance

  • 50 / 100 Some public transit

    Transit is available for most trips

  • 60 / 100 Moderately bikeable

    Suitable for bicycle commuting and/or recreation

  • 80 / 100 Very car friendly

    Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 80 / 100 Restaurants

    Wide variety of restaurants within a few minutes

  • 60 / 100 Cafes

    Variety of cafés within a few minutes

  • 70 / 100 Nightlife

    Several bars within a few minutes

  • 70 / 100 Shopping

    Several shops within a few minutes

  • 80 / 100 Parks

    Very large amount of park space within a few minutes

  • 100 / 100 Noise Level

    Virtually no sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Park Terrace Apartments

Where is Park Terrace Apartments located?

Park Terrace Apartments is located at 500 Mt Vernon Pl near the Central Rockville area of Rockville, MD

What is the current rent range at Park Terrace Apartments?

1 Bedroom to 3 Bedroom Apartments at Park Terrace Apartments currently range from $1,655 to $2,355

When is the leasing office open?

  • The office Hours for Park Terrace Apartments are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Park Terrace Apartments Apartments are 25.57% cheaper than the average apartment in the Central Rockville area.

    Rent Comparison to the Central Rockville Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,655$2,192-$537-24.5%
    2 Bedroom$1,740$2,523-$783-31.0%
    3 Bedroom$2,155$2,734-$579-21.2%

    Methodology: On 08/20/2026, ApartmentHomeLiving.com compared current rents by floorplan to 81 other apartment communities in the immediate area around Park Terrace Apartments (Central Rockville) using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 08/20/2026

  • Active Lifestyle 3.2

    From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

    Rating Factors

    This 3.2-star Active Lifestyle rating is based on the following features:

    • Tennis Courts
    • Walking/Biking Trails
    • Basketball Court(s)
    • Pet Play Area
Learn more about Lifestyle Search

Renters Reviews and Ratings

3.5
2 Renters Reviews

Problems with repeated trespassers

February 27, 2025 - Review from Apartments.com
The price is good for the location, but I would recommend that you ask if there were any repeated trespassers reported over the past year. If they say no, they are lying.

Property Manager Responded

December 29, 2025
Thanks for your review and for sharing that you've noticed some issues that you'd like to see addressed. We will take your input seriously as your satisfaction is very important to us.

Property Manager Responded

January 7, 2026
Thanks for your review and for sharing that you've noticed some issues that you'd like to see addressed. We will take your input seriously as your satisfaction is very important to us.

Best Place to live and raise a family

March 5, 2018 - Review from Apartments.com
I have lived at park Terrace for the last 4 years and I love it here. The community is very quiet, safe and convenient. Park Terrace is close to everything which makes it great, the schools are great from Elementary school to high school. Other residents and the Management staff are friendly. The units are very spacious and very well kept. Maintenance work orders are handled in a very timely manner. The community is clean and well kept.

Property Manager Responded

March 5, 2020
Thank you for the compliment and we agree with you that the community is a great place to call home. If you need to reach out to us about any concerns or comments, please contact us at customercare@promarkpartners.com. Thank you again.

Nearby Schools

Richard Montgomery High School

Montgomery County Public Schools
250 Richard Montgomery Drive
Public School - Grades 9-12 (2366 Students)
In Attendance Zone1 minute drive / 0.2 miles away
8/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Park Terrace Apartments.

Big Box and Retail

Safeway

1902 Veirs Mill Rd
5 minute drive / 1.78 miles away

Target

5700 Bou Ave
5 minute drive / 2.5 miles away

Carmax

16411 Shady Grove Rd
7 minute drive / 3.34 miles away

Colleges and Universities

Montgomery College - Rockville Campus

51 Manakee Street
4 minute drive / 1.34 miles away

University of Maryland - Shady Grove Campus

9630 Gudelsky Dr
6 minute drive / 2.83 miles away

Montgomery College - Germantown Campus

20200 Observation Drive
19 minute drive / 9.13 miles away

Groceries

Safeway

1902 Veirs Mill Rd
5 minute drive / 1.78 miles away

Harris Teeter

11845 Old Georgetown Rd
6 minute drive / 3.05 miles away

Hospitals

Adventist Healthcare Shady Grove Medical Center

9901 Medical Center Drive
6 minute drive / 3.01 miles away

Suburban Hospital

8600 Old Georgetown Road
13 minute drive / 6.12 miles away

Walter Reed National Military Med Cen

8901 Rockville Pike
13 minute drive / 6.25 miles away

Military Bases

Central Intelligence Agency

18 minute drive / 8.74 miles away

US Naval Surface Weapons Center District 5

21 minute drive / 9.99 miles away

Naval Security Group Center

22 minute drive / 10.45 miles away

Shopping Centers

Rockville Town Center

199 E Montgomery Ave
1 minute drive / 0.27 miles away

Rockville One-Stop Shopping Center

1-99 N Washington St
1 minute drive / 0.35 miles away

Bell's Corner

90-98 W Montgomery Ave
1 minute drive / 0.36 miles away

Park Terrace Apartments has 5 shopping centers within 0.4 miles.

Transit Stations

Rockville-Red Line

77 Church St
1 minute drive / 0.36 miles away

Rockville-Brunswick Line

1 minute drive / 0.37 miles away

Twinbrook-Red Line

1600 Chapman Ave
5 minute drive / 1.96 miles away

Nearby Neighborhoods

Central Rockville

Studio to 5 Bedroom Apartments from $1,040
View Rentals

Rockville Town Center

Studio to 4 Bedroom Apartments from $1,040
View Rentals

East Rockville

Studio to 5 Bedroom Apartments from $1,040
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rockville Studio Apartments $1,876$730$2,390
Rockville 1 Bedroom Apartments $2,126$770$4,200
Rockville 2 Bedroom Apartments $2,605$905$7,500
Rockville 3 Bedroom Apartments $3,205$1,040$6,000
Rockville 4 Bedroom Apartments $3,286$2,653$3,749
2 Bedroom Homes$2,492$1,725$3,000
3 Bedroom Homes$3,513$2,250$7,000
4 Bedroom Homes$4,088$2,550$6,000
5 Bedroom Homes$4,722$2,900$7,500
6 Bedroom Homes$5,725$3,500$7,950

Browse Top Apartments in Rockville

Viewing: Park Terrace Apartments | Desktop Version | Listing Updated: 08/19/2026 | AHLGLD