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Rent Specials
$1,615 - $3,4591 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 $1,300 (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
$1,574 - $2,1531 to 2 Bedroom Apartments Available Now
Spyglass at Cedar Cove
21620 Spyglass WayLexington Park, MD 20653
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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$1,300 - $1,7553 Bedroom Apartments Available Now
Towns at Pax River, A Linden Community
48100 Baywoods RdLexington Park, MD 20653
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1 to 3 Bedroom Apartments
18147 Point Lookout Rd
18147 Point Lookout RdPark Hall, MD 20667
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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
Chesapeake Bay by Alicia Porter is licensed under CC BY 2.0
How much does it cost to rent an apartment in Pegg Run?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pegg Run 1 Bedroom Apartments | $1,913 | $1,574 | $2,951 |
| Pegg Run 2 Bedroom Apartments | $2,345 | $1,650 | $3,459 |
| Pegg Run 3 Bedroom Apartments | $2,121 | $1,755 | $2,759 |
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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 1 Bed unit found at Spyglass at Cedar Cove priced from $1,584. Abberly Crest Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,619. Here are the most affordable Pegg Run apartments for rent in Lexington Park, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spyglass at Cedar Cove | Mandalay | 1BR,1BA | $1,584 |
| Abberly Crest Apartment Homes | Alloway | 1BR,1BA | $1,619 |
| Towns at Pax River, A Linden Community | Topsail Renovated | 3BR,2BA | $1,755 |
Best Value Apartments for Rent in Pegg Run, MD
As of January 13, 2026 the best value apartment in the Pegg Run area is the $1.09 price per square foot 20760 Poplar Ridge Rd Model at 20760 Poplar Ridge Rd, Unit B in the in the Pegg Run neighborhood starting from $1,650. The second greatest value Pegg Run apartment is the Topsail Renovated Model at Towns at Pax River, A Linden Community starting at $1,755 with a $1.36 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. |
|---|---|---|---|
| 20760 Poplar Ridge Rd, Unit B | 20760 Poplar Ridge Rd | 2BR,1BA | $1.09 |
| Towns at Pax River, A Linden Community | Topsail Renovated | 3BR,2BA | $1.36 |
| Abberly Crest Apartment Homes | Pearson | 1BR,1BA | $2.25 |
| Spyglass at Cedar Cove | Chesapeake | 1BR,1BA | $2.64 |
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 Spyglass at Cedar Cove which is listed at $1,584, while the average apartment in Pegg Run costs $1,863.
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 $438 which is $1,425 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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!