
Cheap Homes for Rent in the Pegg Run Neighborhood of Lexington Park, MD from $1,900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Pegg Run area of Lexington Park.

Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

47949 Piney Orchard St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

21715 Genesta St
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 | $2,196 | $1,990 | $2,400 |
| Pegg Run 4 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Explore Lexington Park
Best Value Apartments for Rent in Pegg Run, MD
As of August 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 Cypress with Flex Model at Abberly Crest Apartment Homes starting at $2,259 with a $1.98 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 | Cypress with Flex | 2BR,2BA | $1.98 |
| Spyglass at Cedar Cove | Mandalay | 1BR,1BA | $2.28 |
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 $1,675 to $3,774. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pegg Run ranging from $1,990 to $2,750.
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 $1,990 to $2,750 with an average monthly rent of $2,196.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.