Cheap Apartments for Rent in Lisbon, MD from $900 (11 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Cain Commons
1 to 2 Bedroom Apartments

Cain Commons

25104 Ridge RdDamascus, MD 20872
Senior Living
  • Utilities Included

Lisbon, MD Local Guide

Cheapest Available Lisbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lisbon, MD is a 1 Bed unit found at Watersville Apartments priced from $1,295. The Flats at Sandy Spring (Seniors 62+) in the Olney Town Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Lisbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Watersville ApartmentsOne Bedroom1BR,1BA$1,295
The Flats at Sandy Spring (Seniors 62+)StudioStudio,1BA$1,350
Waverly Gardens Senior Community (62+)1 Bed 1 Bath1BR,1BA$1,352
Plum Tree Apartments1B1B - Deluxe1BR,1BA$1,508
The Bluffs at Clary's Forest ApartmentsOne bedroom1BR,1BA$1,521

Best Value Apartments for Rent in Lisbon, MD and Nearby

As of July 24, 2025 the best value apartment in the Lisbon area is the $2.25 price per square foot The Fishers Model at Ashton Green in the in the Patuxent Chase neighborhood starting from $2,610. The second greatest value Lisbon apartment is the The Oakley Model at Greenhills Townhomes & Apartments starting at $1,929 with a $1.75 price per square foot in the Windsor Knolls 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.
Ashton GreenThe Fishers3BR,2BA$2.25
Greenhills Townhomes & ApartmentsThe Oakley2BR,1BA$1.75
Eagle Rock Apartments at ColumbiaB2 - 2X22BR,2BA$1.98
Cedar PlaceHickory2BR,1.5BA$1.95
The Greens at Columbia1BR 1BA (940sf)1BR,1BA$2.17
The Flats at Sandy Spring (Seniors 62+)2 Bedroom2BR,1BA$2.14
Chatham GardensCH2-1B-U1BR,1BA$2.10
Watersville ApartmentsOne Bedroom1BR,1BA$1.85
The Bluffs at Clary's Forest ApartmentsOne bedroom1BR,1BA$2.24
Waverly Gardens Senior Community (62+)1 Bed 1 Bath1BR,1BA$2.10

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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 $1,295 at Watersville Apartments.

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 $1,495 at Watersville Apartments.

What is the most affordable Lisbon Three Bedroom Apartment?

The best deal on a cheap Lisbon Three Bedroom Apartment rental is at The Rothbury and starts from $2,555.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.