Cheap Apartments for Rent near Lisbon, MD from $1,000 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lisbon.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Orchard Park
Rent Specials
$2,193 - $3,019
Total Monthly Price

Total Monthly Price

Base Rent
$2,193 - $3,019
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Orchard Park

3113 Pine Orchard LnEllicott City, MD 21042
Corporate Housing
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Watersville Apartments
Studio to 2 Bedroom Apartments

Watersville Apartments

201 Watersville RdMount Airy, MD 21771
  • Utilities Included

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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Village House
1 to 2 Bedroom Apartments

Village House

7426 Village RdSykesville, MD 21784
Senior Living
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Cain Commons
1 to 2 Bedroom Apartments

Cain Commons

25104 Ridge RdDamascus, MD 20872
Senior Living
  • Utilities Included

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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Showing Results 1-48, Page 1 of 1

Lisbon, MD Local Guide

Cheapest Available Lisbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lisbon, MD is a Studio unit found at Flats at Sandy Spring in the Olney Town Center neighborhood priced from $1,385. Waverly Gardens Senior Community (62+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Lisbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio,1BA$1,385
Waverly Gardens Senior Community (62+)1 Bed 1 Bath1BR,1BA$1,395
Deer Park Apartments1 Bedroom 1 Bath1BR,1BA$1,405
Legacy at Cedar Lane2 Bedroom2BR,2BA$1,411
The Vision at Parkway1 Bedroom1BR,1BA$1,541
HOC at Willow Manor LLC - Fair Hill Farm1 Bedroom, 1 Bath1BR,1BA$1,626
The Bluffs at Clary's Forest ApartmentsOne bedroom1BR,1BA$1,657
Harpers Forest1 Bedroom1BR,1BA$1,669
Sykesville Apartments1 Bedroom1BR,1BA$1,679
Clarys CrossingCalvert1BR,1BA$1,695

Best Value Apartments for Rent in Lisbon, MD and Nearby

As of July 22, 2026 the best value apartment in the Lisbon area is the $1.96 price per square foot Eastport Model at Elms Clarksburg Village in the in the Summerfield Crossing neighborhood starting from $2,727. The second greatest value Lisbon apartment is the The Covington w/ Sunroom Model at Elms Germantown starting at $2,373 with a $1.89 price per square foot in the Summerfield Crossing neighborhood. Here is today’s list of the best values for Lisbon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elms Clarksburg VillageEastport3BR,2BA$1.96
Elms GermantownThe Covington w/ Sunroom2BR,2BA$1.89
The RothburyB22BR,2BA$2.07
Deer Park Apartments2 Bedrooms 1 Bath2BR,1BA$1.45
Plum Tree Apartments2B1B - Classic2BR,1BA$2.02
Chatham GardensCH2-1B-L1BR,1BA$2.23
Cedar PlaceWalnut1BR,1BA$2.11
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio ,1BA$1.82
Sykesville Apartments1 Bedroom1BR,1BA$2.21
Waverly Gardens Senior Community (62+)1 Bed 1 Bath1BR,1BA$2.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lisbon, MD Rentals by Map

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Frequently Asked Questions about Cheap Lisbon Apartments

How much is rent for a Cheap One Bedroom Lisbon Apartment?

The lowest price for a Cheap One Bedroom Lisbon Apartment is $1,395 at Waverly Gardens Senior Community (62+).

What is the lowest price for a Cheap Two Bedroom Lisbon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lisbon is starting from $1,411 at Legacy at Cedar Lane.

What is the most affordable Lisbon Three Bedroom Apartment?

The best deal on a cheap Lisbon Three Bedroom Apartment rental is at Legacy at Cedar Lane and starts from $2,199.

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

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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.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.