
Cheap Homes for Rent in Pegg Run Neighborhood of Lexington Park, MD from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Pegg Run area of Lexington Park.


48289 Picketts Harbor Ct
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.

20935 Freedom Run Dr

20934 Freedom Run Dr
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.

47726 Devin Cir
Pegg Run, Lexington Park, MD Local Guide

How much does it cost to rent a home in Pegg Run?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pegg Run 3 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Pegg Run 4 Bedroom Homes for Rent | $3,100 | $3,000 | $3,200 |
Explore Lexington Park
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 $1,407. Towns at Pax River, A Linden Community has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,648. 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 | $1,407 |
| Towns at Pax River, A Linden Community | Mainsail Renovated | 3BR,2BA | $1,648 |
| Abberly Crest Apartment Homes | Manokin | 2BR,2BA | $1,839 |
Best Value Apartments for Rent in Pegg Run, MD
As of May 08, 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 $1,920 with a $2.32 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 | $2.32 |
| Spyglass at Cedar Cove | Junior | 1BR,1BA | $2.54 |
Frequently Asked Questions about Pegg Run
What type of rentals are currently available in Pegg Run?
There are currently 5 Apartments for Rent in Pegg Run, MD with pricing that ranges from $1,407 to $3,748. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pegg Run ranging from $925 to $3,200.
What is the current price range for Rental Homes in Pegg Run?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pegg Run ranges from $925 to $3,200 with an average monthly rent of $2,019.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.