Cheap Low Income Apartments for Rent in Derwood, MD from $700 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in Derwood.
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Hillside Senior Apartment Homes
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.
Derwood, MD Local Guide

How much does it cost to rent an apartment in Derwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Derwood Studio Apartments | $1,904 | $710 | $2,943 |
Derwood 1 Bedroom Apartments | $2,209 | $755 | $4,729 |
Derwood 2 Bedroom Apartments | $2,651 | $890 | $5,576 |
Derwood 3 Bedroom Apartments | $3,079 | $1,025 | $5,010 |
Derwood 4 Bedroom Apartments | $3,468 | $2,757 | $4,769 |
Explore Derwood
Derwood, MD Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 Flats at Shady Grove listed at $1,670.
How much is rent for a Cheap One Bedroom Derwood Apartment?
The lowest price for a Cheap One Bedroom Derwood Apartment is $1,575 at Rocklin Park 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 $2,223.
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
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.