Cheap Apartments for Rent in Montgomery County, MD from $500 (286 Rentals)

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

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.

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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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Cheapest Available Montgomery County Apartments for Rent

 

The cheapest available apartment rental in Montgomery County, MD is a 1 Bed unit found at Park Montgomery West in the Kilmarock neighborhood priced from $506. Northwest Park Apartments in the New Hampshire Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here is today’s list of the most affordable Montgomery County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Montgomery West1 Bedroom1BR,1BA$506
Northwest Park Apartments1 BR + 1 BA Apartment1BR,1BA$998
Cypress on VinePrivate Bed & Shared Bath / 6 Person Suite1BR,1BA$1,075
Barclay Apartments and Fairfax CourtBarclay- StudioStudio,1BA$1,157
Cider Mill ApartmentsWillow1BR,1BA$1,157
Sheridan ApartmentsStudioStudio,1BA$1,175
Gateway at Gaithersburg1 Bed - 1 Bath1BR,1BA$1,178
The Hamptons at Town Center Apartment HomesSophistication Affordable1BR,1BA$1,199
Enclave Silver SpringA1Studio,1BA$1,224

Best Value Apartments for Rent in Montgomery County, MD

As of July 30, 2025 the best value apartment in the Montgomery County area is the $1.10 price per square foot 8309 Old Seven Locks Rd Model at 8309 Old Seven Locks Rd, Unit 1 in the in the Marymount neighborhood starting from $2,800. The second greatest value Montgomery County apartment is the The Potomac Model at The Ivy Rockville starting at $2,983 with a $1.33 price per square foot in the Lakewood Estates neighborhood. Here is today’s list of the best values for Montgomery County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8309 Old Seven Locks Rd, Unit 18309 Old Seven Locks Rd3BR,2BA$1.10
The Ivy RockvilleThe Potomac3BR,2.5BA$1.33
Seneca PlaceTwo Bedroom B22BR,2BA$1.46
Waterford Tower2 Bed, 2 Bath2BR,2BA$1.59
The WarwickCHARLES2BR,2BA$1.67
Chateau1Bedroom 1Bathroom1BR,1BA$1.57
Fairland CrossingA1 1 Bed 1 Bath1BR,1BA$1.58
Park Montgomery West2 Bedroom2BR,1.5BA$1.48
Cider Mill ApartmentsWillow1BR,1BA$1.42
6424 4th Ave, Unit 6424 4th - Basement6424 4th Ave1BR,1BA$1.56

Frequently Asked Questions about Cheap Montgomery County Apartments

What is a cheap apartment in Montgomery County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery County is under $1,224.

What is the price of a cheap apartment in Montgomery County?

The cheapest apartment in Montgomery County is Park Montgomery West which is listed at $506, while the average apartment in Montgomery County costs $5,320.

What types of apartments are the cheapest in Montgomery County?

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 274 regular apartments in Montgomery County 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 Montgomery County?

Cheap apartments in Montgomery County have an average cost of $245 which is $5,075 cheaper than the average rent for all rentals in Montgomery County.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.