Cheap Homes for Rent in Derwood, MD from $800 (9 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Cheapest Available Derwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Derwood, MD is a Studio unit found at The Flats at Shady Grove in the Lakewood Estates neighborhood priced from $1,511. Residences on the Lane - 62+ in the Halpine neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,517. Here is today’s list of the most affordable Derwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Flats at Shady GroveThe DupontStudio,1BA$1,511
Residences on the Lane - 62+1F1BR,1BA$1,517
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$1,534

Best Value Apartments for Rent in Derwood, MD and Nearby

As of June 13, 2025 the best value apartment in the Derwood area is the $1.69 price per square foot The Georgetown Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $2,494. The second greatest value Derwood apartment is the C1 Model at Main Street starting at $3,150 with a $2.34 price per square foot in the Halpine 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.
The Ivy RockvilleThe Georgetown3BR,2.5BA$1.69
Main StreetC13BR,2BA$2.34
The Residences at King FarmSycamore3BR,2BA$2.44
Mill Creek Gardens2 Bedroom 1 Bath2BR,1BA$1.41
Residences on the Lane - 62+1D - w/Den Affordable (income guidelines appl1BR,1BA$2.53
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.39
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.21
The Fields of RockvilleC23BR,1BA$2.71
TOWNE CREST APARTMENTSOne Bedroom One Bath1BR,1BA$2.15
Rocklin Park ApartmentsOne Bedroom1BR,1BA$2.42

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Frequently Asked Questions about Derwood

What type of rentals are currently available in Derwood?

There are currently 55 Apartments for Rent in Derwood, MD with pricing that ranges from $710 to $6,731. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derwood ranging from $875 to $5,600.

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 $875 to $5,600 with an average monthly rent of $3,081.

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 $4,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,575 and Four Bedroom Apartments start at $2,757.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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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.