Cheap Apartments for Rent in the Pennywood Estates Neighborhood of Burtonsville, MD from $1,100 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pennywood Estates area of Burtonsville.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Pennywood Estates, Burtonsville, MD Local Guide

Cheapest Available Pennywood Estates Apartments for Rent

 

The cheapest available apartment rental in the Pennywood Estates area of Baltimore, MD is a Studio unit found at Lighthouse at Twin Lakes Apartment Homes priced from $1,140. Montgomery White Oak has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Pennywood Estates apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Lighthouse at Twin Lakes Apartment HomesStudio- 463 sqftStudio,1BA$1,140
Montgomery White Oak1Bed 1Bath High-Rise 625 sf1BR,1BA$1,325
Oak Hill ApartmentsJunior1BR,1BA$1,457

Best Value Apartments for Rent in Pennywood Estates, MD

As of May 24, 2025 the best value apartment in the Pennywood Estates area is the $1.49 price per square foot B7 2 Bed 2 Bath and Den Model at Fairland Crossing in the in the Springbrook Manor neighborhood starting from $1,912. The second greatest value Pennywood Estates apartment is the 2 Bed, 1.5 Bath Model at Waterford Tower starting at $1,800 with a $1.60 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fairland CrossingB7 2 Bed 2 Bath and Den2BR,2BA$1.49
Waterford Tower2 Bed, 1.5 Bath2BR,1.5BA$1.60
Woodvale Apartments2BR C32BR,2BA$2.14
Spring Parc2 Bed - 1 Bath (Renovated)2BR,1BA$1.96
Knights Bridge II2 Bedroom2BR,2BA$1.87
Windsor Court and TowerThe Bolton1BR,1BA$1.98
Centre at Silver Spring1x11BR,1BA$2.00
Willow Manor at Fairland - Seniors 62+One Bedroom1BR,1BA$2.38
Montgomery White Oak1 Bedroom 1 Bath1BR,1BA$2.14
Lighthouse at Twin Lakes Apartment HomesStudio- 452 sqftStudio ,1BA$2.71

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Pennywood Estates, Burtonsville, MD

Ranked #1

Among neighborhoods in Burtonsville, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,733.

What is the price of a cheap apartment in Pennywood Estates?

The cheapest apartment in Pennywood Estates is Lighthouse at Twin Lakes Apartment Homes which is listed at $1,301, while the average apartment in Pennywood Estates costs $2,253.

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 5 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 $114 which is $2,139 cheaper than the average rent for all rentals in Pennywood Estates.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sarah Bregel

There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.