
Cheap Apartments for Rent in the Lakewood Estates Neighborhood of Rockville, MD from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Estates area of Rockville.


Gardens of Traville

218 Elizabeth Ave, Unit Bedroom

The Flats at Shady Grove

Residences on the Lane - 62+

2005 Henson Norris St, Unit #1
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Park Terrace Apartments

The Villages at Decoverly

Rocklin Park Apartments
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Village at Gaithersburg

Governor Square

Sawyer Flats
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Lakewood Estates, Rockville, MD Local Guide

How much does it cost to rent an apartment in Lakewood Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Estates Studio Apartments | $1,948 | $1,462 | $2,309 |
| Lakewood Estates 1 Bedroom Apartments | $2,098 | $1,099 | $3,524 |
| Lakewood Estates 2 Bedroom Apartments | $2,623 | $1,740 | $4,978 |
| Lakewood Estates 3 Bedroom Apartments | $3,136 | $2,155 | $4,034 |
| Lakewood Estates 4 Bedroom Apartments | $3,145 | $2,653 | $3,491 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 3 mile radius of the Lakewood Estates Neighborhood of Rockville, MD.
See all Apartments in RockvilleExplore Rockville
Lakewood Estates, Rockville, MD Local Guide
- Nearby Rockville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lakewood Estates Apartments for Rent
 The cheapest available apartment rental in the Lakewood Estates area of Washington, MD is a Studio unit found at Cadence at Crown priced from $1,462. Village at Gaithersburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,499. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cadence at Crown | Symphony - MPDU | Studio,1BA | $1,462 |
| Village at Gaithersburg | 1 Bedroom 1 Bath (Income Restriction Apply) | 1BR,1BA | $1,499 |
| The Flats at Shady Grove | The Glenmont | 1BR,1BA | $1,506 |
| Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $1,549 |
| The Reed | 1 Bed/1 Bath-A1J | 1BR,1BA | $1,572 |
Best Value Apartments for Rent in Lakewood Estates, MD
As of November 22, 2025 the best value apartment in the Lakewood Estates area is the $1.35 price per square foot The Potomac Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $3,017. The second greatest value Lakewood Estates apartment is the Birch Model at The Villages at Decoverly starting at $2,306 with a $2.30 price per square foot in the Quince Orchard neighborhood. Here is today’s list of the best values for Lakewood Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ivy Rockville | The Potomac | 3BR,2.5BA | $1.35 |
| The Villages at Decoverly | Birch | 2BR,2BA | $2.30 |
| Avalon at Traville | A3 | 1BR,1BA | $2.22 |
| MAA Fallsgrove | Traditional 1x1 793 SF | 1BR,1BA | $2.39 |
| Park Terrace Apartments | 1 bed, 1 bath | 1BR,1BA | $2.21 |
| Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.37 |
| Governor Square | 1x1 | 1BR,1BA | $2.31 |
| Sawyer Flats | Alder | 1BR,1BA | $2.34 |
| Rocklin Park Apartments | One Bedroom | 1BR,1BA | $2.32 |
| Village at Gaithersburg | 1 Bedroom 1 Bath (Income Restriction Apply) | 1BR,1BA | $2.32 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleLakewood Estates, Rockville, MD
Ranked #4
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lakewood Estates, Rockville, MD
Thomas S. Wootton High
Robert Frost Middle School
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Maryland and customized analysis for Northwestern Washington, MD. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Lakewood Estates Neighborhood in Rockville, MD
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
23 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
17 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakewood Estates Apartments
What is a cheap apartment in Lakewood Estates?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood Estates is under $1,733.
What is the price of a cheap apartment in Lakewood Estates?
The cheapest apartment in Lakewood Estates is Village at Gaithersburg which is listed at $1,499, while the average apartment in Lakewood Estates costs $3,205.
What types of apartments are the cheapest in Lakewood Estates?
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 51 regular apartments in Lakewood Estates 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 Lakewood Estates?
Cheap apartments in Lakewood Estates have an average cost of $396 which is $2,809 cheaper than the average rent for all rentals in Lakewood Estates.
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.

A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







