Cheap Homes for Rent in Derwood, MD from $900 (12 Rentals)

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property at 118 Monroe St

118 Monroe St

RockvilleMD20850

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.

property at 38 Maryland Ave

38 Maryland Ave

RockvilleMD20850

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

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. TOWNE CREST APARTMENTS in the Stewart Town 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
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$1,551
The Flats at Shady GroveThe Glenmont1BR,1BA$1,551
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$1,615
The Reed1 Bed/1 Bath-A1J1BR,1BA$1,659

Best Value Apartments for Rent in Derwood, MD

As of September 18, 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 $2,489 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$2.51
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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Frequently Asked Questions about Derwood

What type of rentals are currently available in Derwood?

There are currently 58 Apartments for Rent in Derwood, MD with pricing that ranges from $710 to $3,996. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derwood ranging from $900 to $5,500.

What is the current price range for Rental Homes in Derwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Derwood ranges from $900 to $5,500 with an average monthly rent of $2,963.

How much are larger Three and Four Bedroom Rentals in Derwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Derwood range from $1,025 to $3,996, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,999 and Four Bedroom Apartments start at $2,653.

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.