Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $1,100 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

property at 38 Maryland Ave

38 Maryland Ave

RockvilleMD20850

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.

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.

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. The Flats at Shady Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,551. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:

Apartment ListingModel NameBed/BathPriced From
Village at Gaithersburg1 Bedroom 1 Bath (Income Restriction Apply)1BR,1BA$1,499
The Flats at Shady GroveThe Glenmont1BR,1BA$1,551
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$1,615
The Reed1 Bed/1 Bath-A21BR,1BA$1,670
Axis at Shady GroveAStudio,1BA$1,685

Best Value Apartments for Rent in Lakewood Estates, MD

As of September 15, 2025 the best value apartment in the Lakewood Estates area is the $1.68 price per square foot The Georgetown Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $2,489. The second greatest value Lakewood Estates apartment is the Traditional 2x2 1101-1137 SF Model at MAA Fallsgrove starting at $2,490 with a $2.26 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.
The Ivy RockvilleThe Georgetown3BR,2.5BA$1.68
MAA FallsgroveTraditional 2x2 1101-1137 SF2BR,2BA$2.26
Governor Square2Ax2FA2BR,2BA$2.20
Residences on the Lane - 62+2A Affordable (income guildelines apply)2BR,2BA$2.46
The Trails at King FarmSeabrook Garage2BR,1BA$2.47
Village at Gaithersburg2 Bedroom 1 Bath (Income Restrictions Apply)2BR,1BA$2.18
eaves Washingtonian CenterA31BR,1BA$2.34
Sawyer FlatsBirch1BR,1BA$2.32
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.15
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lakewood Estates, Rockville, MD

Ranked #8

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $4,206. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $1,100 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 $1,100 to $17,900 with an average monthly rent of $4,382.

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 $4,206, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,999 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.

decorative image for A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.