Cheap Apartments for Rent in Montgomery Village, MD from $992 (67 Rentals)

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

property at 19628 Club Lake Rd
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

19628 Club Lake Rd

GaithersburgMD20886
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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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property at 19031 Stedwick Dr
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

19031 Stedwick Dr

GaithersburgMD20886

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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Maplewood Villas
Rent Specials
$1,599 - $2,375

Total Monthly Price

Base Rent$1,599 - $2,375
Total Monthly Price$1,599 - $2,375
1 to 3 Bedroom Apartments Available Now

Maplewood Villas

325 Crestwood DrGaithersburg, MD 20877
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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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Avana Oak Mill
$1,603 - $2,590

Total Monthly Price

Base Rent$1,603 - $2,590
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Avana Oak Mill

20010 Frederick RdGermantown, MD 20876
Student Living
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Breckenridge Condominiums
Rent Specials
$1,635 - $2,195

Total Monthly Price

Base Rent$1,635 - $2,195
Total Monthly Price$1,635 - $2,195
1 to 3 Bedroom Apartments Available Now

Breckenridge Condominiums

9905-18503 Boysenberry WayGaithersburg, MD 20879
Corporate Housing
  • Verified
  • Customer Reviewed
  • 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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Dalamar Apartments
1 to 3 Bedroom Apartments

Dalamar Apartments

18 Dalamar StGaithersburg, MD 20877
  • Utilities Included
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Lar-Ken Apartments
1 to 2 Bedroom Apartments

Lar-Ken Apartments

103-107 N Summit AveGaithersburg, MD 20877
  • 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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Montgomery Village, MD Local Guide

Cheapest Neighborhoods for Apartments in Montgomery Village, MD

Pricing Updated: 09/12/2026

Current apartment rentals in the Montgomery Village, MD area range in price from $992 to $4,052 with an overall median price of $1,963. Here is today’s list neighborhoods with the lowest median pricing for Montgomery Village Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Prathertown$1,963$99280

Cheapest Available Montgomery Village Apartments for Rent

 

The cheapest available apartment rental in Montgomery Village, MD is a 1 Bed unit found at Cider Mill Apartments in the Orchard Run neighborhood priced from $1,157. The Oaks at Olde Towne- for Seniors 62+ in the Quince Orchard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,194. Here is today’s list of the most affordable Montgomery Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cider Mill ApartmentsWillow1BR,1BA$1,157
The Oaks at Olde Towne- for Seniors 62+The Oaks1BR,1BA$1,194
Walker HouseS11BR,1BA$1,375
Cedar Court Apartments106Studio,1BA$1,395
CHELSEA PARKStudio1BR,1BA$1,398
Summit CrestStudio 1BathroomStudio,1BA$1,399
Hillside Senior Apartment HomesOne Bedroom1BR,1BA$1,400
Brighton Village1 Bed 1 Bath1BR,1BA$1,469
Gaitherhouse Apartments1 Bedroom1BR,1BA$1,499

Best Value Apartments for Rent in Montgomery Village, MD

As of September 12, 2026 the best value apartment in the Montgomery Village area is the $1.83 price per square foot (End) The Bennet Model at Woodward Crossing Townhomes in the in the Gaithersburg neighborhood starting from $3,700. The second greatest value Montgomery Village apartment is the 9317 Severn Ter Model at 9317 Severn Ter, Unit Basement starting at $1,650 with a $1.10 price per square foot in the Stewart Town neighborhood. Here is today’s list of the best values for Montgomery Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodward Crossing Townhomes(End) The Bennet4BR,3.5BA$1.83
9317 Severn Ter, Unit Basement9317 Severn Ter1BR,1BA$1.10
TOWNE CREST APARTMENTSThree Bedroom Two and a Half Bath3BR,2.5BA$1.78
18308 Streamside Drive, Unit 10318308 Streamside Drive2BR,2BA$1.73
The Verandahs ApartmentsC1 - The Magnolia3BR,2BA$1.80
Mill Creek Gardens2 Bedroom 1 Bath2BR,1BA$1.65
Whetstone ApartmentsTWO BEDROOM SELECT2BR,1BA$1.87
Maplewood VillasTwo Bedroom Duplex2BR,1.5BA$1.87
Gaitherhouse Apartments1 Bedroom1BR,1BA$1.87
The Oaks at Olde Towne- for Seniors 62+The Oaks1BR,1BA$1.88

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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Frequently Asked Questions about Cheap Montgomery Village Apartments

What is a cheap apartment in Montgomery Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery Village is under $1,499.

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

The cheapest apartment in Montgomery Village is The Oaks at Olde Towne- for Seniors 62+ which is listed at $1,194, while the average apartment in Montgomery Village costs $1,963.

What types of apartments are the cheapest in Montgomery Village?

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 19 regular apartments in Montgomery Village 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 Village?

Cheap apartments in Montgomery Village have an average cost of $1,059 which is $904 cheaper than the average rent for all rentals in Montgomery Village.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.