
Cheap Apartments for Rent in the Pegg Run Neighborhood of Lexington Park, MD from $1,300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pegg Run area of Lexington Park.


Spyglass at Cedar Cove
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.

Towns at Pax River, A Linden Community
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.
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 | $2,175 | $1,615 | $3,600 |
Pegg Run 2 Bedroom Apartments | $2,674 | $1,717 | $4,466 |
Pegg Run 3 Bedroom Apartments | $2,381 | $1,599 | $3,872 |
Explore Lexington Park
Pegg Run, Lexington Park, MD Local Guide
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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 $1,300. Abberly Crest Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,664. 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 | $1,300 |
Abberly Crest Apartment Homes | Bennett | 1BR,1BA | $1,664 |
Spyglass at Cedar Cove | Hudson | 2BR,1BA | $1,720 |
Best Value Apartments for Rent in Pegg Run, MD
As of October 13, 2025 the best value apartment in the Pegg Run area is the $1.01 price per square foot Topsail Classic Model at Towns at Pax River, A Linden Community in the in the Pegg Run neighborhood starting from $1,300. The second greatest value Pegg Run apartment is the Cape Cod Model at Spyglass at Cedar Cove starting at $1,775 with a $2.01 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 Classic | 3BR,2BA | $1.01 |
Spyglass at Cedar Cove | Cape Cod | 2BR,2BA | $2.01 |
Abberly Crest Apartment Homes | Alloway | 1BR,1BA | $2.13 |
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Pet Friendly LifestylePegg Run, Lexington Park, MD
Ranked #1
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Pegg Run Apartments
What is the price of a cheap apartment in Pegg Run?
The cheapest apartment in Pegg Run is Abberly Crest Apartment Homes which is listed at $1,664, while the average apartment in Pegg Run costs $1,927.
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 2 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 $536 which is $1,391 cheaper than the average rent for all rentals in Pegg Run.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.