
Cheap Apartments for Rent in the Pennywood Estates Neighborhood of Burtonsville, MD from $1,000 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pennywood Estates area of Burtonsville.


3933 Greencastle Rd

3212 Tapestry Cir

Country Place

HOC at Willow Manor LLC - Colesville

Lighthouse at Twin Lakes Apartment Homes

Windsor Court and Tower

Centre at Silver Spring
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Arcadian Apartments

Fairland Crossing

Hampton Point

Valor Apartments

Woodvale Apartments

Waterford Tower

The Crest on Hampton Hollow

Montclair Apartments
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Logic at White Oak

Spring Parc

2605 Redmiles Dr

Arbor Crest 62+ Senior Apartments

13700 Modrad Way, Unit 8A33, Unit 8A33

Snowdens Ridge

Willow Manor at Fairland - Seniors 62+

2867 Shepperton Terrace
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Pennywood Estates, Burtonsville, MD Local Guide

How much does it cost to rent an apartment in Pennywood Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennywood Estates Studio Apartments | $1,439 | $1,200 | $1,950 |
| Pennywood Estates 1 Bedroom Apartments | $1,716 | $1,046 | $2,395 |
| Pennywood Estates 2 Bedroom Apartments | $1,947 | $1,538 | $2,950 |
| Pennywood Estates 3 Bedroom Apartments | $2,489 | $1,975 | $4,035 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 3 mile radius of the Pennywood Estates Neighborhood of Burtonsville, MD.
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Pennywood Estates, Burtonsville, MD Local Guide
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Cheapest Available Pennywood Estates Apartments for Rent
 The cheapest available apartment rental in the Pennywood Estates area of Baltimore, MD is a 1 Bed unit found at HOC at Willow Manor LLC - Colesville priced from $1,046. Lighthouse at Twin Lakes Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,163. Here are the most affordable Pennywood Estates apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HOC at Willow Manor LLC - Colesville | 1 Bedroom | 1BR,1BA | $1,046 |
| Lighthouse at Twin Lakes Apartment Homes | Studio-565 sqft | Studio,1BA | $1,163 |
| Windsor Court and Tower | The Bolton | 1BR,1BA | $1,350 |
| Arcadian Apartments | Carina | 1BR,1BA | $1,462 |
| Valor Apartments | Orchid | 1BR,1BA | $1,520 |
Best Value Apartments for Rent in Pennywood Estates, MD
As of April 27, 2026 the best value apartment in the Pennywood Estates area is the $1.50 price per square foot C1 - 3 Bed 2 Bath Model at Fairland Crossing in the in the Springbrook Manor neighborhood starting from $2,189. The second greatest value Pennywood Estates apartment is the 3 Bedroom Model at Knights Bridge II starting at $2,310 with a $2.03 price per square foot in the Fairland Heights neighborhood. Here is today’s list of the best values for Pennywood Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairland Crossing | C1 - 3 Bed 2 Bath | 3BR,2BA | $1.50 |
| Knights Bridge II | 3 Bedroom | 3BR,2BA | $2.03 |
| Waterford Tower | 2 Bed, 1.5 Bath | 2BR,1.5BA | $1.71 |
| Centre at Silver Spring | 2x2RM | 2BR,2BA | $1.65 |
| Country Place | 2 Bed 2 Bath | 2BR,2BA | $2.04 |
| HOC at Willow Manor LLC - Colesville | 2 Bedroom | 2BR,1BA | $1.79 |
| Windsor Court and Tower | The Brodick | 1BR,1BA | $1.74 |
| Valor Apartments | Orchid | 1BR,1BA | $2.03 |
| Arcadian Apartments | Carina | 1BR,1BA | $2.04 |
| Lighthouse at Twin Lakes Apartment Homes | Studio- 463 sqft | Studio ,1BA | $2.12 |
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Pennywood Estates, Burtonsville, MD
School data provided by Great Schools
Frequently Asked Questions about Cheap Pennywood Estates Apartments
What is a cheap apartment in Pennywood Estates?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pennywood Estates is under $1,645.
What is the price of a cheap apartment in Pennywood Estates?
The cheapest apartment in Pennywood Estates is HOC at Willow Manor LLC - Colesville which is listed at $1,046, while the average apartment in Pennywood Estates costs $2,284.
What types of apartments are the cheapest in Pennywood Estates?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 52 regular apartments in Pennywood Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pennywood Estates?
Cheap apartments in Pennywood Estates have an average cost of $636 which is $1,648 cheaper than the average rent for all rentals in Pennywood Estates.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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Articles, How-To's, and Tips

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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