884 New Mark Esplanade, Unit Back Right
884 New Mark Esplanade
RockvilleMD20850
Cheap Apartments for Rent in the Lakewood Estates Neighborhood of Rockville, MD from $900 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Estates area of Rockville.
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$1,099 - $2,6251 to 2 Bedroom Apartments Available Now
Gardens of Traville
14431 Traville Gardens CirRockville, MD 20850
2005 Henson Norris St
RockvilleMD20850
501 Hungerford Dr
RockvilleMD20850
304 Anderson Ave
RockvilleMD20850
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$1,479 - $1,723Studio to 2 Bedroom Apartments Available Now
The Flats at Shady Grove
1380 Piccard DrRockville, MD 20850
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$1,517 - $2,5311 to 2 Bedroom Apartments Available Now
Residences on the Lane - 62+
2 Helen Heneghan WayRockville, MD 20850
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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$1,590 - $3,6671 to 3 Bedroom Apartments Available Now
The Villages at Decoverly
9901 Gable Ridge TerRockville, MD 20850
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$1,599 - $2,3891 to 3 Bedroom Apartments Contact Us For Availability
Parkside Landing
735 Monroe StRockville, MD 20850
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$1,633 - $3,9911 to 3 Bedroom Apartments Available Now
The Reed
15955 Frederick RdRockville, MD 20855
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$1,655 - $2,3551 to 3 Bedroom Apartments Available Now
Park Terrace Apartments
500 Mt Vernon PlRockville, MD 20850
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1 to 2 Bedroom Apartments
Victory Court Senior Apartments
209 Monroe StRockville, MD 20850
1012 Havencrest St
RockvilleMD20850
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1 to 2 Bedroom Apartments
100 & 102 East Argyle Street
100 E Argyle StRockville, MD 20850
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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Studio to 3 Bedroom Apartments
Momentum at Shady Grove
16011 Redland RdRockville, MD 20855
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Studio to 3 Bedroom Apartments
Palladian at Rockville Town Square
38 Maryland AveRockville, MD 20850
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1 to 3 Bedroom Apartments
The Fields of Rockville
600 Mt Vernon PlRockville, MD 20850
913 Hillside Lake Terrace
GaithersburgMD20878
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Rent Specials
$1,499 - $2,1991 to 3 Bedroom Apartments Available Now
Village at Gaithersburg
11-33 School DrGaithersburg, MD 20878
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Rent Specials
$1,635 - $2,6111 to 3 Bedroom Apartments Available Now
Governor Square
409 Muddy Branch RdGaithersburg, MD 20878
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1 to 3 Bedroom Apartments
Rosedale Apartments
16 Oneill DrGaithersburg, MD 20877
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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1 to 3 Bedroom Apartments
Shady Grove Apartments
16125 Crabbs Branch WayDerwood, MD 20855
12309 St James Rd
PotomacMD20854
Showing Results 1-23, Page 1 of 1
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 | $1,926 | $1,300 | $2,360 |
| Lakewood Estates 1 Bedroom Apartments | $2,115 | $950 | $3,305 |
| Lakewood Estates 2 Bedroom Apartments | $2,698 | $1,699 | $4,928 |
| Lakewood Estates 3 Bedroom Apartments | $3,144 | $2,155 | $4,572 |
| Lakewood Estates 4 Bedroom Apartments | $3,183 | $2,653 | $3,491 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 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
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Cheapest Available Lakewood Estates Apartments for Rent
The cheapest available apartment rental in the Lakewood Estates area of Washington, MD is a 1 Bed unit found at Gardens of Traville priced from $1,476. The Flats at Shady Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,479. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gardens of Traville | Montgomery I | 1BR,1BA | $1,476 |
| The Flats at Shady Grove | The Glenmont | 1BR,1BA | $1,479 |
| The Reed | 1 Bed/1 Bath-A1J | 1BR,1BA | $1,633 |
| Park Terrace Apartments | 1 bed, 1 bath | 1BR,1BA | $1,655 |
| The Fields of Rockville | B5 | 2BR,1BA | $1,695 |
Best Value Apartments for Rent in Lakewood Estates, MD
As of March 13, 2026 the best value apartment in the Lakewood Estates area is the $1.36 price per square foot The Montgomery Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $3,235. The second greatest value Lakewood Estates apartment is the E5 Model at Elms Shady Grove starting at $3,271 with a $2.16 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 Montgomery | 4BR,2.5BA | $1.36 |
| Elms Shady Grove | E5 | 3BR,2BA | $2.16 |
| Sawyer Flats | Elm | 3BR,2BA | $2.03 |
| 212 W Montgomery Ave, Unit Unit #2 | 212 W Montgomery Ave | 3BR,2BA | $2.19 |
| Residences on the Lane - 62+ | 2A Affordable (income guildelines apply) | 2BR,2BA | $2.46 |
| Village at Gaithersburg | 3 Bedroom 1 Bath (Income Restrictions Apply) | 3BR,1BA | $2.27 |
| Gardens of Traville | Glenview I | 2BR,1BA | $2.43 |
| Fenestra at The Square | Fenestra - 1 Bed / 1 Bath | 1BR,1BA | $2.47 |
| Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $2.39 |
| Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.37 |
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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The 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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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Pet Friendly LifestyleLakewood Estates, Rockville, MD
Ranked #7
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
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!
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 $1,804.
What is the price of a cheap apartment in Lakewood Estates?
The cheapest apartment in Lakewood Estates is Gardens of Traville which is listed at $1,476, while the average apartment in Lakewood Estates costs $3,268.
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 38 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 $386 which is $2,882 cheaper than the average rent for all rentals in Lakewood Estates.
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.
Helpful Local Expert Guides
A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro
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I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.
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Discover DC: The Insider's Guide to Renting in Our Nations Capital
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Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.