Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $1,200 (23 Rentals)

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

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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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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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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Showing Results 1-23, Page 1 of 1

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 Park Terrace Apartments priced from $1,549. The Reed has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,572. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:

Apartment ListingModel NameBed/BathPriced From
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$1,549
The Reed1 Bed/1 Bath-A1J1BR,1BA$1,572
The Flats at Shady GroveThe Glenmont1BR,1BA$1,575
Rocklin Park ApartmentsOne Bedroom1BR,1BA$1,625
Sawyer FlatsAlder1BR,1BA$1,658

Best Value Apartments for Rent in Lakewood Estates, MD

As of December 12, 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 $3,037. The second greatest value Lakewood Estates apartment is the C1 Model at Avalon at Traville starting at $3,175 with a $2.46 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Ivy RockvilleThe Potomac3BR,2.5BA$1.35
Avalon at TravilleC13BR,2BA$2.46
Governor Square2Cx2FA2BR,2BA$2.17
Residences on the Lane - 62+2A Affordable (income guildelines apply)2BR,2BA$2.46
Fenestra at The SquareLunette - 1 Bed/1 Bath w/ Den1BR,1BA$2.52
The Trails at King FarmBeaufort2BR,1BA$2.52
Park Terrace Apartments1 bed, 1 bath1BR,1BA$2.21
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
Sawyer FlatsAlder1BR,1BA$2.32
Rocklin Park ApartmentsOne Bedroom1BR,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.

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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.

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Quick 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.

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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

Frequently Asked Questions about Lakewood Estates

What type of rentals are currently available in Lakewood Estates?

There are currently 88 Apartments for Rent in Lakewood Estates, MD with pricing that ranges from $1,099 to $4,151. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $1,295 to $5,550.

What is the current price range for Rental Homes in Lakewood Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood Estates ranges from $1,295 to $5,550 with an average monthly rent of $3,564.

How much are larger Three and Four Bedroom Rentals in Lakewood Estates?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood Estates range from $2,155 to $4,034, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,653.

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

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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.

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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Written by: Steve Lilly

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The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

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I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

Articles, How-To's, and Tips

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.