Cheap Apartments for Rent in Derwood, MD from $700 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Derwood.

Main Street

2005 Henson Norris St, Unit #1
The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.

304 Anderson Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
Derwood, MD Local Guide

How much does it cost to rent an apartment in Derwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Derwood Studio Apartments | $1,846 | $710 | $2,285 |
| Cheap Derwood 1 Bedroom Apartments | $2,029 | $755 | $3,005 |
| Cheap Derwood 2 Bedroom Apartments | $2,480 | $890 | $3,614 |
| Cheap Derwood 3 Bedroom Apartments | $2,752 | $1,025 | $3,527 |
| Cheap Derwood 4 Bedroom Apartments | $3,303 | $2,653 | $3,700 |
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Derwood, MD Local Guide
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Cheapest Available Derwood Apartments for Rent
 The cheapest available apartment rental in Derwood, MD is a 1 Bed unit found at TOWNE CREST APARTMENTS in the Stewart Town neighborhood priced from $1,442. Mill Creek Gardens in the Stewart Town neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here is today’s list of the most affordable Derwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| TOWNE CREST APARTMENTS | One Bedroom One Bath | 1BR,1BA | $1,442 |
| Mill Creek Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $1,525 |
| Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $1,549 |
Best Value Apartments for Rent in Derwood, MD
As of January 02, 2026 the best value apartment in the Derwood area is the $1.78 price per square foot (End) The Bennet Model at Woodward Crossing Townhomes in the in the Stewart Town neighborhood starting from $3,600. The second greatest value Derwood apartment is the The Rockville Model at The Ivy Rockville starting at $2,725 with a $1.65 price per square foot in the Lakewood Estates neighborhood. Here is today’s list of the best values for Derwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodward Crossing Townhomes | (End) The Bennet | 4BR,3.5BA | $1.78 |
| The Ivy Rockville | The Rockville | 3BR,2BA | $1.65 |
| Residences on the Lane - 62+ | 2A Affordable (income guildelines apply) | 2BR,2BA | $2.46 |
| The Trails at King Farm | Beaufort | 2BR,1BA | $2.49 |
| Huntington at King Farm | Linden | 1BR,1BA | $2.40 |
| Mill Creek Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $2.03 |
| Park Terrace Apartments | 1 bed, 1 bath | 1BR,1BA | $2.21 |
| Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.37 |
| TOWNE CREST APARTMENTS | One Bedroom One Bath | 1BR,1BA | $2.01 |
| Rocklin Park Apartments | One Bedroom | 1BR,1BA | $2.32 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleRent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on ApartmentHomeLiving.com.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Derwood Apartments
What is the Cheapest Studio apartment in Derwood?
Currently the most affordable Cheap Studio Apartment in Derwood is at Mira Upper Rock listed at $1,839.
How much is rent for a Cheap One Bedroom Derwood Apartment?
The lowest price for a Cheap One Bedroom Derwood Apartment is $1,433 at TOWNE CREST APARTMENTS.
What is the lowest price for a Cheap Two Bedroom Derwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Derwood is starting from $1,695 at The Fields of Rockville.
What is the most affordable Derwood Three Bedroom Apartment?
The best deal on a cheap Derwood Three Bedroom Apartment rental is at The Fields of Rockville and starts from $1,995.
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 Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!



