Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $1,200 (14 Rentals)

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

property at 4953 Purdy Aly

$1,385

Total Monthly Price

Total Monthly Price

Base Rent
$1,385

Total Monthly Price
$1,385

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

4953 Purdy Aly

RockvilleMD20850
property at 102 Bullard Cir

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Bullard Cir

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.

property at 8131 Needwood Rd

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

2 Bedroom, 2 Bath Condo for Rent

Available Now

8131 Needwood Rd, Unit T101, Unit T101

8131 Needwood Rd
DerwoodMD20855

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.

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 Parkside Landing Apartments priced from $805. 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 ApartmentsOne Bedroom1BR,1BA$805
The Flats at Shady GroveThe Glenmont1BR,1BA$1,474
Village at Gaithersburg2 Bedroom 1 Bath (Income Restrictions Apply)2BR,1BA$1,599
The Villages at DecoverlyAstor-PHU-Income Based Apt.1BR,1BA$1,675
Scarborough Square Townhomes & ApartmentsA11BR,1BA$1,751

Best Value Apartments for Rent in Lakewood Estates, MD

As of May 08, 2026 the best value apartment in the Lakewood Estates area is the $2.30 price per square foot E5 Model at Elms Shady Grove in the in the Quince Orchard neighborhood starting from $3,478. The second greatest value Lakewood Estates apartment is the 212 W Montgomery Ave Model at 212 W Montgomery Ave starting at $2,850 with a $2.19 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 GroveE53BR,2BA$2.30
212 W Montgomery Ave212 W Montgomery Ave3BR,2BA$2.19
The Villages at DecoverlyBirch2BR,2BA$2.39
Village at Gaithersburg3 Bedroom 1 Bath (Income Restrictions Apply)3BR,1BA$2.17
2317 Glenmore Terrace, Unit 12317 Glenmore Terrace1BR,1BA$2.06
Parkside Landing ApartmentsTwo Bedroom2BR,2BA$1.14
Governor Square1Bx1FA1BR,1BA$2.16
218 W Montgomery Ave, Unit 1218 W Montgomery Ave1BR,1BA$2.38
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.39
Scarborough Square Townhomes & ApartmentsA11BR,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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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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Quick Rent Budget Calculator

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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 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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Frequently Asked Questions about Lakewood Estates

What type of rentals are currently available in Lakewood Estates?

There are currently 92 Apartments for Rent in Lakewood Estates, MD with pricing that ranges from $950 to $4,577. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $1,248 to $15,000.

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 $1,248 to $15,000 with an average monthly rent of $5,916.

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 $1,102 to $4,577, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,390 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,850 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.

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