
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.


Park Terrace Apartments

Residences on the Lane - 62+
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.

Rocklin Park Apartments

The Villages at Decoverly

Parkside Landing

Scarborough Square Townhomes & Apartments

10 Richview Ct, Unit Apt

The Flats at Shady Grove

884 New Mark Esplanade
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Village at Gaithersburg

Governor Square
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.

11201 Maine Cove Dr
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 | $2,030 | $1,670 | $3,149 |
Lakewood Estates 1 Bedroom Apartments | $2,245 | $1,099 | $4,305 |
Lakewood Estates 2 Bedroom Apartments | $2,857 | $1,690 | $5,576 |
Lakewood Estates 3 Bedroom Apartments | $3,420 | $2,155 | $6,174 |
Lakewood Estates 4 Bedroom Apartments | $3,482 | $2,757 | $4,637 |
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.
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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 $1,389. Residences on the Lane - 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,517. 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 | $1,389 |
Residences on the Lane - 62+ | 1F | 1BR,1BA | $1,517 |
Rocklin Park Apartments | One Bedroom | 1BR,1BA | $1,575 |
Village at Gaithersburg | 1 Bedroom 1 Bath | 1BR,1BA | $1,599 |
Parkside Landing | 1BR 1BA 60% | 1BR,1BA | $1,628 |
Best Value Apartments for Rent in Lakewood Estates, MD
As of May 31, 2025 the best value apartment in the Lakewood Estates area is the $1.85 price per square foot The Georgetown Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $2,739. The second greatest value Lakewood Estates apartment is the O Model at Axis at Shady Grove starting at $2,485 with a $2.15 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Ivy Rockville | The Georgetown | 3BR,2.5BA | $1.85 |
Axis at Shady Grove | O | 2BR,2BA | $2.15 |
Gardens of Traville | Glenview III | 2BR,1BA | $2.28 |
Residences on the Lane - 62+ | 1D - w/Den Affordable (income guidelines appl | 1BR,1BA | $2.53 |
Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $2.39 |
Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.21 |
Governor Square | 1x1 | 1BR,1BA | $2.26 |
Sawyer Flats | Alder | 1BR,1BA | $2.56 |
Rocklin Park Apartments | One Bedroom | 1BR,1BA | $2.42 |
Village at Gaithersburg | 1 Bedroom 1 Bath | 1BR,1BA | $2.48 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLakewood Estates, Rockville, MD
Ranked #8
Among neighborhoods in Rockville, MD 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 $1,739.
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 $1,389, while the average apartment in Lakewood Estates costs $3,042.
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 23 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 $276 which is $2,766 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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.