Cheap Apartments for Rent in Derwood, MD from $700 (12 Rentals)

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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.

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Rosedale Apartments
1 to 3 Bedroom Apartments

Rosedale Apartments

16 Oneill DrGaithersburg, MD 20877
  • Utilities Included

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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.

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Momentum at Shady Grove
Studio to 3 Bedroom Apartments

Momentum at Shady Grove

16011 Redland RdRockville, MD 20855
  • Utilities Included
  • Smoke Free

Derwood, MD Local Guide

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 ListingModel NameBed/BathPriced From
Hillside Senior Apartment HomesOne Bedroom1BR,1BA$1,400
The Flats at Shady GroveThe Glenmont1BR,1BA$1,551
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$1,552
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$1,615
The Reed1 Bed/1 Bath-A1J1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Woodward Crossing Townhomes(End) The Bennet4BR,3.5BA$1.83
The Ivy RockvilleThe Georgetown3BR,2.5BA$1.68
Mill Creek Gardens3 Bedroom 2 Bath3BR,2BA$1.81
The Residences at King FarmCypress2BR,2BA$2.58
Residences on the Lane - 62+2A Affordable (income guildelines apply)2BR,2BA$2.46
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.15
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$2.18
532 Beall Ave, Unit Ground Level Apartment532 Beall Ave1BR,1BA$2.59
Hillside Senior Apartment HomesOne Bedroom1BR,1BA$2.61

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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.

decorative image for A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.