Park Terrace Apartments

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500 Mt Vernon Pl, Rockville, MD 20850
(240) 474-0436
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Park Terrace Apartments in Rockville, MD - Building Photo
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Floor Plan
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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
  • $1,549-$2,355Pricing
  • 750–1,050Square 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

Ask About Our Move-In Specials

Floorplan Pricing and Availability

Park Terrace Apartments offers 1 to 3 Bedroom apartments starting from $1,549 and having 750–1,050 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 bed, 1 bath renovated

    From $1,549

    1 Bed, 1 Bath, 750 sq ft
    Available Now

    Model Gallery

    Floorplans

    Photos

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,549Available Now2750
    $1,790Available Now3750
    $1,549Available Now4750

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating

    Kitchen

    • Granite Countertops
    • Kitchen

    Model Rent and Fees

    Model Price Range

    • $1,549 - $1,990

    Deposit

    • $500 deposit

    Unit 2 Rent and Fees

    Unit Price

    • From $1,549

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,549 - $1,990

    Unit 3 Rent and Fees

    Unit Price

    • From $1,790

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,549 - $1,990

    Unit 4 Rent and Fees

    Unit Price

    • From $1,549

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,549 - $1,990

    1 bed, 1 bath

    From $1,655

    1 Bed, 1 Bath, 750 sq ft
    Available Nov 7

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,655 November 7, 20254750

    Unit 4 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 4 Rent and Fees

    Unit Price

    • From $1,655

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,655 - $1,855

  • 2 Bedrooms

    2 bed, 1 bath renovated

    From $1,890

    2 Beds, 1 Bath, 950 sq ft
    Available Oct 27

    Model Gallery

    Floorplans

    Photos

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,890 October 27, 20253950
    $1,890 November 11, 20253950

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating

    Kitchen

    • Granite Countertops
    • Kitchen

    Model Rent and Fees

    Model Price Range

    • $1,890 - $2,090

    Deposit

    • $500 deposit

    Unit 3 Rent and Fees

    Unit Price

    • From $1,890

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,890 - $2,090

    Unit 3 Rent and Fees

    Unit Price

    • From $1,890

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,890 - $2,090

    2 bed, 1 bath

    2 Beds, 1 Bath, 950 sq ft
     

    Model Gallery

    Floorplans

    Photos

    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
    Show Unavailable Floorplans

  • 3 Bedrooms

    3 bed, 1 bath renovated

    3 Beds, 1 Bath, 1050 sq ft
     

    Model Gallery

    Floorplans

    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

    Kitchen

    • Granite Countertops
    • Kitchen

    Model Rent and Fees

    Model Price Range

    • $2,155 - $2,355

    Deposit

    • $500 deposit
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (240) 474-0436 to schedule a tour.

Matterport 3D Tours

2BR, 1BA - 950 SF
1BR, 1BA - 750 SF
1 BR, 1 BA - 750 SF
2 BR, 1 BA - 950 SF

Property Information

Lease Terms

  • 6 - 15 mo
  • Short Term Lease Options
Ask About Our Lease Terms

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per Applicant$50

Other Fees

Pet Fees

Cat

One-Time Pet Fee$250
Monthly Pet Fee$35
Pet Deposit$250

Dog

One-Time Pet Fee$250
Monthly Pet Fee$35
Pet Deposit$250

Cats

  • 2 Pet Limit
  • 100 Lb Weight Limit
Restrictions:

Dogs

  • 2 Pet Limit
  • 100 Lb Weight Limit
Restrictions:

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

Features and Amenities

On-Site Services

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

Recreation and Fitness

  • Tennis Court
  • Basketball Court
  • Walking/Biking Trails

Interior Features

  • Balcony
  • Heating
  • Cable Ready
  • Air Conditioning

Kitchen Amenities

  • Kitchen
  • Granite Countertops

Living Area Features

  • Carpet
Ask About Our Amenities
Google Map

Map

500 Mt Vernon Pl, Rockville, MD 20850

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
(240) 474-0436
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
Ask About Live Online Tours

Getting Around

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,549 to $2,090

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 Value3.0

    The Park Terrace Apartments Apartments are 26.8% cheaper than the average apartment in the Central Rockville area, and 30.0% cheaper than the average apartment city-wide.

    Rent Comparison to the Central Rockville Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,549$2,067-$518-25.1%
    2 Bedroom$1,740$2,523-$783-31.0%
    3 Bedroom$2,155$2,845-$690-24.3%

    Rent Comparison to the city of Rockville

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,549$2,067-$518-25.1%
    2 Bedroom$1,740$2,600-$860-33.1%
    3 Bedroom$2,155$3,162-$1,007-31.8%

    Methodology: On 10/05/2025, ApartmentHomeLiving.com compared current rents by floorplan to 108 other apartment communities in the immediate area around Park Terrace Apartments (Central Rockville), and 361 other apartment communities in 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 10/05/2025

  • 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

4.0
2 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

  • Problems with repeated trespassers

    February 27, 2025
    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.
    Review from Apartments.com

  • Best Place to live and raise a family

    March 5, 2018
    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.
    Review from Apartments.com

Nearby Schools

Richard Montgomery High

Montgomery County Public Schools
250 Richard Montgomery Drive
Public School - Grades 9-12 (2390 Students)
In Attendance Zone1 minute drive / 0.2 miles away
8/10

Julius West Middle

Montgomery County Public Schools
651 Great Falls Road
Public School - Grades 6-8 (1325 Students)
In Attendance Zone2 minute drive / 0.8 miles away
9/10
Contact Us About Nearby Schools
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

15931 Frederick Rd
5 minute drive / 2.77 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 4 Bedroom Apartments from $710
View Rentals

Rockville Town Center

Studio to 4 Bedroom Apartments from $710
View Rentals

East Rockville

Studio to 4 Bedroom Apartments from $710
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rockville Studio Apartments $1,861$710$2,309
Rockville 1 Bedroom Apartments $2,067$755$4,068
Rockville 2 Bedroom Apartments $2,600$890$5,610
Rockville 3 Bedroom Apartments $3,162$1,025$7,395
Rockville 4 Bedroom Apartments $3,331$2,653$3,700

Browse Top Apartments in Rockville

By Price

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Viewing: Park Terrace Apartments | Desktop Version | Listing Updated: 10/03/2025 | AHLGLD