Cheap Homes for Rent near Lake Arbor, MD from $1,050 (9 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 8911 Town Center Cir

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Aug 23

8911 Town Center Cir, Unit 205

8911 Town Center Cir
Upper MarlboroMD20774

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Lake Arbor, MD Local Guide

Cheapest Available Lake Arbor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Arbor, MD is a 1 Bed unit found at Hilltop Apartments in the Hynesboro neighborhood priced from $1,299. Kent Village in the West Lanham Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,316. Here is today’s list of the most affordable Lake Arbor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hilltop ApartmentsCalvary Hill1BR,1BA$1,299
Kent Village1Bedroom 1Bathroom1BR,1BA$1,316
Kings Square ApartmentsOne Bedroom/1 Bath1BR,1BA$1,402

Best Value Apartments for Rent in Lake Arbor, MD and Nearby

As of August 22, 2026 the best value apartment in the Lake Arbor area is the $2.21 price per square foot Three Bedroom/2 Bathroom Brand New Model at Maple Ridge Apartments in the in the Winshire Estates neighborhood starting from $2,650. The second greatest value Lake Arbor apartment is the 2 Bedroom, 2 Bath Model at Overland Gardens starting at $1,786 with a $1.75 price per square foot in the Winshire Estates neighborhood. Here is today’s list of the best values for Lake Arbor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Maple Ridge ApartmentsThree Bedroom/2 Bathroom Brand New3BR,2BA$2.21
Overland Gardens2 Bedroom, 2 Bath2BR,2BA$1.75
Villages at Morgan Metro2T2BR,1.5BA$2.12
Lansdowne Village Apartments2 Bedrooms + 1 Bath2BR,1BA$1.64
Truman ParkWashington Loft1BR,1BA$2.22
Acclaim at Lake Largo2 Bedroom 1 Bath2BR,1BA$2.12
Northampton Apartment HomesOne Bedroom1BR,1BA$2.10
Glenarden Hills1A1BR,1BA$2.03
SteeplechaseThe Chesterfield Cup1BR,1BA$2.29
Hill House at Beechfield, A 62+ Senior Community1 Bedroom (Income Restrictions Apply - 62+)1BR,1BA$2.13

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 Lake Arbor

What type of rentals are currently available in Lake Arbor?

There are currently 35 Apartments for Rent in Lake Arbor, MD with pricing that ranges from $200 to $6,132. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Arbor ranging from $1,050 to $5,000.

What is the current price range for Rental Homes in Lake Arbor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Arbor ranges from $1,050 to $5,000 with an average monthly rent of $2,813.

How much are larger Three and Four Bedroom Rentals in Lake Arbor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Arbor range from $1,750 to $6,132, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,550. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $200.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.