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Rent Specials
$1,963 - $3,6271 to 3 Bedroom Apartments Available Now
Abberly Crest Apartment Homes
46850 Abberly Crest LnLexington Park, MD 20653
Cheap Apartments for Rent in the Pegg Run Neighborhood of Lexington Park, MD from $1,600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pegg Run area of Lexington Park.
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Rent Specials
$1,675 - $2,2253 Bedroom Apartments Available Now
Towns at Pax River, A Linden Community
48100 Baywoods RdLexington Park, MD 20653
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.
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$1,670 - $2,3391 to 2 Bedroom Apartments Available Now
Spyglass at Cedar Cove
21620 Spyglass WayLexington Park, MD 20653
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1 to 3 Bedroom Apartments
18147 Point Lookout Rd
18147 Point Lookout RdPark Hall, MD 20667
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.
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3 to 4 Bedroom Apartments
Carpenter Park
700-740 Carpenter ParkPatuxent River, MD 20670
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Pegg Run, Lexington Park, MD Local Guide
How much does it cost to rent an apartment in Pegg Run?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pegg Run 1 Bedroom Apartments | $2,128 | $1,670 | $3,093 |
| Pegg Run 2 Bedroom Apartments | $2,558 | $1,874 | $3,627 |
| Pegg Run 3 Bedroom Apartments | $2,016 | $1,675 | $2,975 |
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Cheapest Available Pegg Run Apartments for Rent
The cheapest available apartment rental in the Pegg Run area of Lexington Park, MD is a 3 Beds unit found at Towns at Pax River, A Linden Community priced from $1,675. Spyglass at Cedar Cove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,851. Here are the most affordable Pegg Run apartments for rent in Lexington Park, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towns at Pax River, A Linden Community | Topsail Classic | 3BR,2BA | $1,675 |
| Spyglass at Cedar Cove | Mandalay | 1BR,1BA | $1,851 |
| Abberly Crest Apartment Homes | Gwynns with Flex | 2BR,2BA | $2,101 |
Best Value Apartments for Rent in Pegg Run, MD
As of July 30, 2026 the best value apartment in the Pegg Run area is the $1.36 price per square foot Topsail Renovated Model at Towns at Pax River, A Linden Community in the in the Pegg Run neighborhood starting from $1,755. The second greatest value Pegg Run apartment is the Severn Model at Abberly Crest Apartment Homes starting at $2,324 with a $1.90 price per square foot in the Pegg Run neighborhood. Here is today’s list of the best values for Pegg Run apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Towns at Pax River, A Linden Community | Topsail Renovated | 3BR,2BA | $1.36 |
| Abberly Crest Apartment Homes | Severn | 3BR,2BA | $1.90 |
| Spyglass at Cedar Cove | Mandalay | 1BR,1BA | $2.34 |
Frequently Asked Questions about Cheap Pegg Run Apartments
What types of apartments are the cheapest in Pegg Run?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Pegg Run that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pegg Run?
Cheap apartments in Pegg Run have an average cost of $888 which is $1,222 cheaper than the average rent for all rentals in Pegg Run.
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
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.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.