Cheap Apartments for Rent in the Lakewood Estates Neighborhood of Rockville, MD from $900 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood Estates area of Rockville.

property at 2005 Henson Norris St

$1,248

Total Monthly Price

Total Monthly Price

Base Rent
$1,248
Total Monthly Price
$1,248

1 Bedroom, 1 Bath Condo for Rent

Available Dec 5

2005 Henson Norris St

RockvilleMD20850

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 213 N Adams St

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899
Total Monthly Price
$1,899

2 Bedroom, 1 Bath Townhome for Rent

Available Sep 15

213 N Adams St

RockvilleMD20850

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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The Laureate
$2,265 - $4,999
Total Monthly Price

Total Monthly Price

Base Rent
$2,265 - $4,999
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Laureate

8005 Gramercy BlvdRockville, MD 20855
Pet Friendly
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  • Customer Reviewed
  • 3D Tour
property at 10024 Vanderbilt Cir

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

2 Bedroom, 2 Bath Condo for Rent

Available Sep 1

10024 Vanderbilt Cir, Unit 1

10024 Vanderbilt Cir
RockvilleMD20850
property at 10001 Vanderbilt Cir

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

2 Bedroom, 2 Bath Condo for Rent

Available Now

10001 Vanderbilt Cir, Unit 5

10001 Vanderbilt Cir
RockvilleMD20850

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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property at 10024 Vanderbilt Cir

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600
Total Monthly Price
$2,600

3 Bedroom, 2 Bath Condo for Rent

Available Now

10024 Vanderbilt Cir, Unit 8

10024 Vanderbilt Cir
RockvilleMD20850
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Momentum at Shady Grove
Studio to 3 Bedroom Apartments

Momentum at Shady Grove

16011 Redland RdRockville, MD 20855
  • Utilities Included
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Camden Shady Grove
Studio to 3 Bedroom Apartments

Camden Shady Grove

9709 Key West AveRockville, MD 20850

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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Camden Fallsgrove
1 to 3 Bedroom Apartments

Camden Fallsgrove

719 Fallsgrove DrRockville, MD 20850
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Elms Shady Grove
1 to 3 Bedroom Apartments

Elms Shady Grove

10031 Blackwell RdRockville, MD 20850
property at 225 Kepler Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

225 Kepler Dr

GaithersburgMD20878
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Governor Square
$1,624 - $2,560
Total Monthly Price

Total Monthly Price

Base Rent
$1,624 - $2,560
Total Monthly Price
$1,624 - $2,560
1 to 3 Bedroom Apartments Available Aug 25

Governor Square

409 Muddy Branch RdGaithersburg, MD 20878
Affordability
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  • 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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Showing Results 1-50, Page 1 of 2

Lakewood Estates, Rockville, MD Local Guide

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 The Flats at Shady Grove priced from $1,022. Sawyer Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,709. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:

Apartment ListingModel NameBed/BathPriced From
The Flats at Shady GroveThe Glenmont1BR,1BA$1,022
Sawyer FlatsAlder1BR,1BA$1,709
Parkside LandingOne Bedroom1BR,1BA$1,728
The Villages at DecoverlyAsh1BR,1BA$1,741
Scarborough Square Townhomes & ApartmentsA11BR,1BA$1,751
The Reed1 BR A1J1BR,1BA$1,765
Gardens of TravilleMontgomery I1BR,1BA$1,808
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$1,830
The Daley at Shady GrovePlus-3Studio,1BA$1,878
Axis at Shady GroveB1BR,1BA$1,890

Best Value Apartments for Rent in Lakewood Estates, MD

As of August 20, 2026 the best value apartment in the Lakewood Estates area is the $2.38 price per square foot E4 Model at Elms Shady Grove in the in the Quince Orchard neighborhood starting from $4,167. The second greatest value Lakewood Estates apartment is the The Woodmont Model at The Ivy Rockville starting at $2,427 with a $1.75 price per square foot in the Lakewood Estates neighborhood. Here is today’s list of the best values for Lakewood Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elms Shady GroveE43BR,2BA$2.38
The Ivy RockvilleThe Woodmont2BR,1.5BA$1.75
212 W Montgomery Ave, Unit Unit #2212 W Montgomery Ave3BR,2BA$2.19
The Trails at King Farm ApartmentsSeabrook Garage2BR,1BA$2.63
Huntington at King FarmDogwood R1BR,1BA$2.70
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.44
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
Sawyer FlatsAlder1BR,1BA$2.39
The Villages at DecoverlyAsh1BR,1BA$2.51
Parkside LandingOne Bedroom1BR,1BA$2.52

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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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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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.

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Pet Friendly Lifestyle
Lakewood Estates, Rockville, MD

Ranked #5

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,890.

What is the price of a cheap apartment in Lakewood Estates?

The cheapest apartment in Lakewood Estates is The Flats at Shady Grove which is listed at $1,022, while the average apartment in Lakewood Estates costs $2,438.

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 39 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 $373 which is $2,065 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.

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