Cheap Homes for Rent in Laurel, MD from $700 (12 Rentals)

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property at 14506 Mayfair Dr

14506 Mayfair Dr

LaurelMD20707

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Laurel, MD Local Guide

Cheapest Neighborhoods for Apartments in Laurel, MD

Pricing Updated: 05/31/2025

Current apartment rentals in the Laurel, MD area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Laurel Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Maryland City$3,674$1,192103

Cheapest Available Laurel Apartments for Rent

 

The cheapest available apartment rental in Laurel, MD is a Studio unit found at Selborne House of Laurel, 62+ Senior Living in the Briarwood neighborhood priced from $1,225. Fox Rest in the Oak Crest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,231. Here is today’s list of the most affordable Laurel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Selborne House of Laurel, 62+ Senior LivingEfficiencyStudio,1BA$1,225
Fox RestStudioStudio,1BA$1,231
Deerfield Run & Village Square North Apartments1 Bedroom + 1 Bath1BR,1BA$1,248
Parke Laurel Apartment HomesOne Bedroom - 622 sqft1BR,1BA$1,283
Park View at Laurel IIOne-Bedroom1BR,1BA$1,305

Best Value Apartments for Rent in Laurel, MD

As of May 31, 2025 the best value apartment in the Laurel area is the $1.73 price per square foot 3 Bedrooms 2 Bathrooms Model at The Elms in the in the Briarwood neighborhood starting from $2,100. The second greatest value Laurel apartment is the Three Bedroom Model at Briarwood Place Apartment Homes starting at $2,101 with a $1.76 price per square foot in the Oak Crest neighborhood. Here is today’s list of the best values for Laurel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Elms3 Bedrooms 2 Bathrooms3BR,2BA$1.73
Briarwood Place Apartment HomesThree Bedroom3BR,2BA$1.76
7517 Grey Rock Ln11BR,1BA$1.53
Deerfield Run & Village Square North Apartments1 Bedroom + 1 Bath1BR,1BA$1.46
517 Montgomery St517 Montgomery St1BR,1BA$1.63
517 Montgomery St, Unit APT.3517 Montgomery St1BR,1BA$1.64
Steward Manor1Bedroom 1Bathroom1BR,1BA$1.66
Foxfire ApartmentsGlenmore1BR,1BA$1.91
Arden Pointe Apartments1C41BR,1BA$1.76
Park View at Laurel IIOne-Bedroom1BR,1BA$1.87

Quick Rent Budget Calculator

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Frequently Asked Questions about Laurel

What type of rentals are currently available in Laurel?

There are currently 100 Apartments for Rent in Laurel, MD with pricing that ranges from $1,192 to $12,022. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laurel ranging from $700 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Laurel ranges from $700 to $4,500 with an average monthly rent of $2,573.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Laurel range from $1,874 to $12,022, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $3,850. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,499.

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 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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.