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$1,849 - $3,8321 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 $1,400 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pegg Run area of Lexington Park.
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$1,8613 Bedroom Apartments Available Now
Towns at Pax River, A Linden Community
48100 Baywoods RdLexington Park, MD 20653
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.
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$1,730 - $2,3911 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
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.
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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 | $2,199 | $1,450 | $3,508 |
| Pegg Run 2 Bedroom Apartments | $2,690 | $1,945 | $3,832 |
| Pegg Run 3 Bedroom Apartments | $2,246 | $1,861 | $3,017 |
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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 $1,861. Spyglass at Cedar Cove has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,945. 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 Renovated | 3BR,2BA | $1,861 |
| Spyglass at Cedar Cove | Hudson | 2BR,1BA | $1,945 |
| Abberly Crest Apartment Homes | Alloway | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Pegg Run, MD
As of June 14, 2026 the best value apartment in the Pegg Run area is the $1.44 price per square foot Topsail Renovated Model at Towns at Pax River, A Linden Community in the in the Pegg Run neighborhood starting from $1,861. The second greatest value Pegg Run apartment is the Hudson Model at Spyglass at Cedar Cove starting at $1,945 with a $2.20 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 | $1.44 |
| Spyglass at Cedar Cove | Hudson | 2BR,1.5BA | $2.20 |
| Abberly Crest Apartment Homes | Alloway | 1BR,1BA | $2.42 |
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 1 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 $680 which is $1,397 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
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.
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.
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.
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.