Cheap Apartments for Rent in Derwood, MD from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Derwood.

Main Street

205 Charles St

3526 Margaret Jones Pl

8740 Oakmont St
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.

Hillside Senior Apartment Homes

25 Big Acre Square
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 | $1,957 | $710 | $2,678 |
Cheap Derwood 1 Bedroom Apartments | $2,054 | $755 | $3,324 |
Cheap Derwood 2 Bedroom Apartments | $2,556 | $890 | $3,797 |
Cheap Derwood 3 Bedroom Apartments | $2,806 | $1,025 | $3,996 |
Cheap Derwood 4 Bedroom Apartments | $3,377 | $2,653 | $3,700 |
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Derwood, MD Local Guide
- Derwood Neighborhoods
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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 Hillside Senior Apartment Homes in the Emory Grove neighborhood priced from $1,400. The Flats at Shady Grove in the Lakewood Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,551. Here is today’s list of the most affordable Derwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hillside Senior Apartment Homes | One Bedroom | 1BR,1BA | $1,400 |
The Flats at Shady Grove | The Glenmont | 1BR,1BA | $1,551 |
TOWNE CREST APARTMENTS | One Bedroom One Bath | 1BR,1BA | $1,552 |
Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $1,615 |
The Reed | 1 Bed/1 Bath-A1J | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Derwood, MD
As of September 20, 2025 the best value apartment in the Derwood area is the $1.83 price per square foot (End) The Bennet Model at Woodward Crossing Townhomes in the in the Stewart Town neighborhood starting from $3,700. The second greatest value Derwood apartment is the The Georgetown Model at The Ivy Rockville starting at $2,481 with a $1.68 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 | $1.83 |
The Ivy Rockville | The Georgetown | 3BR,2.5BA | $1.68 |
Mill Creek Gardens | 3 Bedroom 2 Bath | 3BR,2BA | $1.81 |
The Residences at King Farm | Cypress | 2BR,2BA | $2.58 |
Residences on the Lane - 62+ | 2A Affordable (income guildelines apply) | 2BR,2BA | $2.46 |
Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $2.15 |
Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.37 |
TOWNE CREST APARTMENTS | One Bedroom One Bath | 1BR,1BA | $2.18 |
532 Beall Ave, Unit Ground Level Apartment | 532 Beall Ave | 1BR,1BA | $2.59 |
Hillside Senior Apartment Homes | One Bedroom | 1BR,1BA | $2.61 |
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Getting Around Derwood, MD
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 The Daley at Shady Grove listed at $1,997.
How much is rent for a Cheap One Bedroom Derwood Apartment?
The lowest price for a Cheap One Bedroom Derwood Apartment is $1,400 at Hillside Senior Apartment Homes.
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 $1,650 at Hillside Senior Apartment Homes.
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
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.

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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.