Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $1,400 (12 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 1 Bed unit found at Village at Gaithersburg priced from $1,499. 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 ListingModel NameBed/BathPriced From
Village at Gaithersburg1 Bedroom 1 Bath1BR,1BA$1,499
Residences on the Lane - 62+1F1BR,1BA$1,517
Parkside Landing1BR 1BA | 60% Income Restrictions Apply1BR,1BA$1,599
The Flats at Shady GroveThe Glenmont1BR,1BA$1,600
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$1,615

Best Value Apartments for Rent in Lakewood Estates, MD

As of July 30, 2025 the best value apartment in the Lakewood Estates area is the $1.31 price per square foot The Potomac Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $2,943. The second greatest value Lakewood Estates apartment is the 2Ax2FA Model at Governor Square starting at $2,198 with a $2.09 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$1.31
Governor Square2Ax2FA2BR,2BA$2.09
Parkside Landing3BR 2BA | 60% Income Restrictions Apply3BR,2BA$2.45
212 W Montgomery Ave, Unit #4212 W Montgomery Ave2BR,1BA$2.27
Gardens of TravilleGlenview I2BR,1BA$2.43
Residences on the Lane - 62+1D - w/Den Affordable (income guidelines appl1BR,1BA$2.53
Rocklin Park ApartmentsTwo Bedroom2BR,1BA$2.37
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.15
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
Village at Gaithersburg1 Bedroom 1 Bath1BR,1BA$2.32

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Frequently Asked Questions about Lakewood Estates

What type of rentals are currently available in Lakewood Estates?

There are currently 87 Apartments for Rent in Lakewood Estates, MD with pricing that ranges from $1,099 to $5,931. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $1,450 to $17,900.

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 $1,450 to $17,900 with an average monthly rent of $4,299.

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 $5,931, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $4,400. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,653.

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.