Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $700 (10 Rentals)

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Search the lowest-cost Homes 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
property at 15723 Quince Trace Terrace

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Townhome for Rent

Available Now

15723 Quince Trace Terrace

North PotomacMD20878
property at 502 Philmont Dr

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

2 Bedroom, 1 Bath Condo for Rent

Available Now

502 Philmont Dr, Unit 1

502 Philmont Dr
GaithersburgMD20878
property at 9701 Fields Rd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

9701 Fields Rd, Unit 1008

9701 Fields Rd
GaithersburgMD20878

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 510 Diamondback Dr

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

510 Diamondback Dr, Unit 263

510 Diamondback Dr
GaithersburgMD20878
property at 506 Diamondback Dr

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

506 Diamondback Dr, Unit 333

506 Diamondback Dr
GaithersburgMD20878
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

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 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
The Met RockvilleA1Studio,1BA$1,657

Best Value Apartments for Rent in Lakewood Estates, MD

As of June 22, 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 $2,665 with a $1.93 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$1.93
Huntington at King FarmFolly3BR,2BA$2.53
Village at Gaithersburg2 Bedroom 1 Bath (Income Restrictions Apply)2BR,1BA$2.05
The Villages at DecoverlyApple1BR,1BA$2.51
Fenestra at The SquareFenestra - 1 Bed / 1 Bath1BR,1BA$2.54
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$2.44

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.

Read Article
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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.

Read Article
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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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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 $4,493. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $750 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 $750 to $15,000 with an average monthly rent of $5,330.

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 $4,493, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,490 to $4,500. 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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