Cheap Homes for Rent in Lanham, MD from $700 (19 Rentals)

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

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 2208 Vermont Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

2208 Vermont Ave

HyattsvilleMD20785
property at 11708 Locust Dale Ct

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

property at 7505 Riverdale Rd

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499

Total Monthly Price
$1,499

1 Bedroom, 1 Bath Condo for Rent

Available Now

7505 Riverdale Rd, Unit 2034

7505 Riverdale Rd
New CarrolltonMD20784

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.

property at 6935 Riverdale Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

6935 Riverdale Rd

LanhamMD20706
property at 6708 Longridge Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Home for Rent

Available Now

6708 Longridge Dr

LanhamMD20706

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.

property at 2415 Parkway

$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 Jul 1

2415 Parkway

CheverlyMD20785

Lanham, MD Local Guide

Cheapest Available Lanham Apartments for Rent

 

The cheapest available apartment rental in Lanham, MD is a Studio unit found at Park Tanglewood in the College Heights neighborhood priced from $1,200. The Phoenix Apartments in the East Riverdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here is today’s list of the most affordable Lanham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Tanglewood0B1BStudio,1BA$1,200
The Phoenix Apartments1 Bedroom 1 Bath A1BR,1BA$1,245
Parkview Gardens ApartmentsOne Bedroom/1 Bath1BR,1BA$1,250
Pleasant Homes2 Bedroom (C)2BR,1BA$1,265
Terrace Green1B101BR,1BA$1,282

Best Value Apartments for Rent in Lanham, MD

As of June 11, 2026 the best value apartment in the Lanham area is the $1.88 price per square foot Three Bedrooms and Den Model at Carleton East in the in the Hynesboro neighborhood starting from $2,492. The second greatest value Lanham apartment is the 2 Bedroom Duplex 1.5 Bath Model at Wildercroft Terrace starting at $1,952 with a $1.88 price per square foot in the Hynesboro neighborhood. Here is today’s list of the best values for Lanham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carleton EastThree Bedrooms and Den3BR,2BA$1.88
Wildercroft Terrace2 Bedroom Duplex 1.5 Bath2BR,1.5BA$1.88
Overland Gardens2 Bedroom, 2 Bath2BR,2BA$1.75
The Glendale Residence2H ADA2BR,2BA$1.84
Lansdowne Village Apartments2 Bedrooms + 1 Bath2BR,1BA$1.47
Lerner University SquareMaryland1BR,1BA$1.84
Cheverly Crossing Apartments2 Bedroom2BR,1BA$1.71
Heritage Square Apartments1 Bedroom + 1 Bath1BR,1BA$1.88
Park View at Bladensburg - 55+One-Bedroom1BR,1BA$1.79
Terrace Green1B101BR,1BA$1.70

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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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on ApartmentHomeLiving.com.

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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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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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lanham, MD Rentals by Map

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Frequently Asked Questions about Lanham

What type of rentals are currently available in Lanham?

There are currently 106 Apartments for Rent in Lanham, MD with pricing that ranges from $1,050 to $3,284. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lanham ranging from $780 to $4,739.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lanham ranges from $780 to $4,739 with an average monthly rent of $2,880.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lanham range from $1,533 to $3,284, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,625. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,000.

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.

Helpful Local Expert Guides

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.

decorative image for Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students article

Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

decorative image for The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers article

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

decorative image for Discover DC: The Insider's Guide to Renting in Our Nations Capital article

Discover DC: The Insider's Guide to Renting in Our Nations Capital

Written by: Steve Lilly

Greetings from Washington, DC! I'm Stephen, your ApartmentHomeLiving.com Local Expert for Washington, and I'd love to give you the inside scoop on a city that many people only think of in terms of visiting, not living in.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.