
Cheap Apartments for Rent in the Old Town Neighborhood of College Park, MD from $700 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of College Park.


University Gardens
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7405 Columbia Ave, Unit 7

6703 41st Ave
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.

6214 41st Ave
Old Town, College Park, MD Local Guide

How much does it cost to rent an apartment in Old Town?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Town Studio Apartments | $2,011 | $1,677 | $2,601 |
Old Town 1 Bedroom Apartments | $2,310 | $765 | $9,999 |
Old Town 2 Bedroom Apartments | $2,663 | $880 | $5,909 |
Old Town 3 Bedroom Apartments | $2,621 | $1,199 | $4,185 |
Old Town 4 Bedroom Apartments | $1,356 | $1,089 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Old Town Neighborhood of College Park, MD.
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Old Town, College Park, MD Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Varsity Maryland | 4 Bedroom - 3 Bath (4A) | 4BR,3BA | $1,148 |
Hub College Park | 4x3 A | 4BR,3BA | $1,345 |
University Gardens | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Domain College Park | Two Bedroom B2I | 2BR,2BA | $2.15 |
Hub College Park | 4x2 C | 4BR,2BA | $1.13 |
Parkside at College Park | 2X2 B | 2BR,2BA | $1.15 |
The Varsity Maryland | 2 Bedroom - 2 Bath (2A) | 2BR,2BA | $1.75 |
Terrapin Row | B3 | 2BR,2BA | $2.05 |
Verde at Greenbelt Station | A1D | 1BR,1BA | $2.66 |
Lync at Alterra | Welsh | 1BR,1BA | $2.64 |
University Gardens | Two Bedroom | 2BR,1BA | $2.62 |
The Highline | Beethoven | 1BR,1BA | $2.99 |
3350 At Alterra | S1 Citrine 528 sq ft | Studio ,1BA | $3.18 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOld Town, College Park, MD
Ranked #7
Among neighborhoods in College Park, MD for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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.

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

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.

Navigating the Rental Market: Tips for First-Time Renters
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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.