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$1,878 - $4,2651 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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$1,450 - $2,7281 to 2 Bedroom Apartments Available Now
Spyglass at Cedar Cove
21620 Spyglass WayLexington 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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$1,7553 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
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
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 | $1,994 | $1,450 | $3,520 |
| Pegg Run 2 Bedroom Apartments | $2,728 | $1,907 | $3,748 |
| Pegg Run 3 Bedroom Apartments | $2,221 | $1,755 | $3,204 |
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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 $1,450. Towns at Pax River, A Linden Community has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,755. 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 | Junior | 1BR,1BA | $1,450 |
| Towns at Pax River, A Linden Community | Topsail Renovated | 3BR,2BA | $1,755 |
| Abberly Crest Apartment Homes | Alloway | 1BR,1BA | $1,892 |
Best Value Apartments for Rent in Pegg Run, MD
As of April 29, 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 Alloway Model at Abberly Crest Apartment Homes starting at $1,892 with a $2.29 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 | Alloway | 1BR,1BA | $2.29 |
| Spyglass at Cedar Cove | Junior | 1BR,1BA | $2.61 |
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 $1,450, while the average apartment in Pegg Run costs $2,061.
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 13 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 $752 which is $1,309 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.