Cheap Homes for Rent in Derwood, MD from $700 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Derwood.

property at 2005 Henson Norris St

$1,248

Total Monthly Price

Total Monthly Price

Base Rent
$1,248

Total Monthly Price
$1,248

1 Bedroom, 1 Bath Condo for Rent

Available Aug 4

2005 Henson Norris St

RockvilleMD20850
property at 102 Bullard Cir

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Bullard Cir

RockvilleMD20850
property at 118 Monroe St

$1,750 - $2,249

Studio To 1 Bedroom Rentals

Available Now

118 Monroe St

RockvilleMD20850

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 8131 Needwood Rd

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

2 Bedroom, 2 Bath Condo for Rent

Available Now

8131 Needwood Rd, Unit T101, Unit T101

8131 Needwood Rd
DerwoodMD20855

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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 $1,474. 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$1,474
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$1,500

Best Value Apartments for Rent in Derwood, MD

As of May 21, 2026 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 212 W Montgomery Ave Model at 212 W Montgomery Ave starting at $2,850 with a $2.19 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
212 W Montgomery Ave212 W Montgomery Ave3BR,2BA$2.19
Main StreetB2 502BR,2BA$1.94
The Trails at King Farm ApartmentsCarolina1BR,1BA$2.32
218 W Montgomery Ave, Unit 1218 W Montgomery Ave1BR,1BA$2.38
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.39
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$2.11
Rocklin Park ApartmentsTwo Bedroom Central2BR,1BA$2.68
Hillside Senior Apartment HomesOne Bedroom1BR,1BA$2.61

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Derwood

What type of rentals are currently available in Derwood?

There are currently 59 Apartments for Rent in Derwood, MD with pricing that ranges from $730 to $4,336. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derwood ranging from $750 to $4,995.

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 $750 to $4,995 with an average monthly rent of $2,780.

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 $1,040 to $4,005, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,200. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,653.

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.

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