Cheap Apartments for Rent in the Lakewood Estates Neighborhood of Rockville, MD from $900 (61 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 Aug 4

2005 Henson Norris St

RockvilleMD20850

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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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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The Laureate
Rent Specials
$2,166 - $4,177
Total Monthly Price

Total Monthly Price

Base Rent
$2,166 - $4,177
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Laureate

8005 Gramercy BlvdRockville, MD 20855
Pet Friendly
  • Verified
  • 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 Aug 1

10024 Vanderbilt Cir, Unit 1

10024 Vanderbilt Cir
RockvilleMD20850

Cash 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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Momentum at Shady Grove
Studio to 3 Bedroom Apartments

Momentum at Shady Grove

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

Camden Shady Grove

9709 Key West AveRockville, MD 20850
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Camden Fallsgrove
1 to 3 Bedroom Apartments

Camden Fallsgrove

719 Fallsgrove DrRockville, 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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Governor Square
$1,624 - $2,611
Total Monthly Price

Total Monthly Price

Base Rent
$1,624 - $2,611
Total Monthly Price
$1,624 - $2,611
1 to 3 Bedroom Apartments Available Jul 25

Governor Square

409 Muddy Branch RdGaithersburg, MD 20878
Affordability
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  • Customer Reviewed
  • Utilities Included
property at 502 Philmont Dr

$1,749

Total Monthly Price

Total Monthly Price

Base Rent
$1,749
Total Monthly Price
$1,749

2 Bedroom, 1 Bath Condo for Rent

Available Now

502 Philmont Dr, Unit 1

502 Philmont Dr
GaithersburgMD20878

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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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 2 Beds unit found at Parkside Landing Apartments priced from $961. The Flats at Shady Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,474. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:

Apartment ListingModel NameBed/BathPriced From
Parkside Landing ApartmentsTwo Bedroom2BR,2BA$961
The Flats at Shady GroveThe Glenmont1BR,1BA$1,474
Axis at Shady GroveAStudio,1BA$1,680
Village at Gaithersburg2 Bedroom 1 Bath (Income Restrictions Apply)2BR,1BA$1,699
Sawyer FlatsAlder1BR,1BA$1,718
Scarborough Square Townhomes & ApartmentsA11BR,1BA$1,751
Rockwell at CrownA031BR,1BA$1,755
The Reed1 BR A1J1BR,1BA$1,763
The Villages at DecoverlyAzalea1BR,1BA$1,764
Gardens of TravilleMontgomery I1BR,1BA$1,784

Best Value Apartments for Rent in Lakewood Estates, MD

As of June 26, 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 $2,651 with a $1.92 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$1.92
Huntington at King FarmFolly3BR,2BA$2.53
The Villages at DecoverlyAzalea - Loft1BR,1BA$2.49
eaves Washingtonian CenterB12BR,1BA$2.51
Village at Gaithersburg2 Bedroom 1 Bath (Income Restrictions Apply)2BR,1BA$2.05
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.39
Parkside Landing ApartmentsOne Bedroom1BR,1BA$2.31
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
Sawyer FlatsAlder1BR,1BA$2.40

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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Pet Friendly Lifestyle
Lakewood Estates, Rockville, MD

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
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 $1,784.

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 $1,474, while the average apartment in Lakewood Estates costs $3,271.

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 45 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 $405 which is $2,866 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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