Cheap Apartments for Rent in the Old Town Neighborhood of College Park, MD from $700 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Town area of College Park.

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4206 Knox Rd
2 Bedroom Apartments

4206 Knox Rd

4206 Knox RdCollege Park, MD 20740
  • Utilities Included

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.

Old Town, College Park, MD Local Guide

Cheapest Available Old Town Apartments for Rent

 

The cheapest available apartment rental in the Old Town area of Washington, MD is a 4 Beds unit found at The Varsity Maryland priced from $1,148. Hub College Park has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,345. Here are the most affordable Old Town apartments for rent in Washington, MD:

Apartment ListingModel NameBed/BathPriced From
The Varsity Maryland4 Bedroom - 3 Bath (4A)4BR,3BA$1,148
Hub College Park4x3 A4BR,3BA$1,345
University GardensOne Bedroom1BR,1BA$1,431

Best Value Apartments for Rent in Old Town, MD

As of June 06, 2025 the best value apartment in the Old Town area is the $2.15 price per square foot Two Bedroom B2I Model at Domain College Park in the in the Whitehouse neighborhood starting from $2,792. The second greatest value Old Town apartment is the 4x2 C Model at Hub College Park starting at $1,390 with a $1.13 price per square foot in the College Heights Estates neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Domain College ParkTwo Bedroom B2I2BR,2BA$2.15
Hub College Park4x2 C4BR,2BA$1.13
Parkside at College Park2X2 B2BR,2BA$1.15
The Varsity Maryland2 Bedroom - 2 Bath (2A)2BR,2BA$1.75
Terrapin RowB32BR,2BA$2.05
Verde at Greenbelt StationA1D1BR,1BA$2.66
Lync at AlterraWelsh1BR,1BA$2.64
University GardensTwo Bedroom2BR,1BA$2.62
The HighlineBeethoven1BR,1BA$2.99
3350 At AlterraS1 Citrine 528 sq ftStudio ,1BA$3.18

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Pet Friendly Lifestyle
Old Town, College Park, MD

Ranked #7

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Old Town Apartments

What is a cheap apartment in Old Town?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town is under $1,885.

What is the price of a cheap apartment in Old Town?

The cheapest apartment in Old Town is University Gardens which is listed at $1,431, while the average apartment in Old Town costs $10,100.

What types of apartments are the cheapest in Old Town?

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 150 regular apartments in Old Town 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 Old Town?

Cheap apartments in Old Town have an average cost of $800 which is $9,300 cheaper than the average rent for all rentals in Old Town.

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.

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

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