
Cheap Apartments for Rent in the Pennywood Estates Neighborhood of Burtonsville, MD from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pennywood Estates area of Burtonsville.


Country Place

3212 Tapestry Cir

2805 Schubert Dr, Unit Main House

HOC at Willow Manor LLC - Colesville

2805 Schubert Dr, Unit Main House
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Lighthouse at Twin Lakes Apartment Homes

2805 Schubert Dr, Unit Main House

Windsor Court and Tower

Arcadian Apartments

Waterford Tower

Fairland Crossing
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Valor Apartments

Woodvale Apartments

Hampton Point

Montclair Apartments

Spring Parc

The Crest on Hampton Hollow
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Logic at White Oak

Arbor Crest 62+ Senior Apartments

2605 Redmiles Dr

Total Monthly Price
13704 Old Columbia Pike, Unit Lower level

Snowdens Ridge

Centre at Silver Spring
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Willow Manor at Fairland - Seniors 62+
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 | $1,286 | $1,188 | $1,797 |
| Pennywood Estates 1 Bedroom Apartments | $1,704 | $850 | $2,598 |
| Pennywood Estates 2 Bedroom Apartments | $1,961 | $1,514 | $2,862 |
| Pennywood Estates 3 Bedroom Apartments | $2,411 | $2,013 | $4,050 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 3 mile radius of the Pennywood Estates Neighborhood of Burtonsville, MD.
See all Apartments in BurtonsvilleExplore Burtonsville
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 $1,188. 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- 463 sqft | Studio,1BA | $1,188 |
| Centre at Silver Spring | 1x1 | 1BR,1BA | $1,459 |
| Arcadian Apartments | Carina | 1BR,1BA | $1,462 |
| Waterford Tower | 1 Bed, 1 Bath | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Pennywood Estates, MD
As of June 30, 2026 the best value apartment in the Pennywood Estates area is the $1.10 price per square foot 13704 Old Columbia Pike Model at 13704 Old Columbia Pike, Unit Lower level in the in the Springbrook Manor neighborhood starting from $2,200. The second greatest value Pennywood Estates apartment is the 2 Bed, 2 Bath Model at Waterford Tower starting at $2,000 with a $1.67 price per square foot in the Springbrook Manor 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. |
|---|---|---|---|
| 13704 Old Columbia Pike, Unit Lower level | 13704 Old Columbia Pike | 3BR,1BA | $1.10 |
| Waterford Tower | 2 Bed, 2 Bath | 2BR,2BA | $1.67 |
| Woodvale Apartments | 3BR E2 | 3BR,2BA | $2.02 |
| HOC at Willow Manor LLC - Colesville | 2 Bedroom | 2BR,1BA | $1.79 |
| Knights Bridge II | 2 Bedroom Standard | 2BR,2BA | $1.88 |
| Fairland Crossing | A1 1 Bed 1 Bath | 1BR,1BA | $1.62 |
| Windsor Court and Tower | The Bolton | 1BR,1BA | $1.79 |
| Valor Apartments | Daphne | 1BR,1BA | $1.96 |
| Centre at Silver Spring | 1x1 | 1BR,1BA | $1.95 |
| Arcadian Apartments | Carina | 1BR,1BA | $2.04 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $1,640.
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 $2,220.
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 41 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 $595 which is $1,625 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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.