Cheap Homes for Rent in the Lakewood Estates Neighborhood of Rockville, MD from $1,200 (25 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 Dec 5

2005 Henson Norris St

RockvilleMD20850
property at 868 College Pkwy

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Condo for Rent

Available Now

868 College Pkwy, Unit 102

868 College Pkwy
RockvilleMD20850
property at 9701 Fields Rd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

9701 Fields Rd, Unit 1008

9701 Fields Rd
GaithersburgMD20878
property at 506 Diamondback Dr

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

506 Diamondback Dr, Unit 333

506 Diamondback Dr
GaithersburgMD20878

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 232 Main St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

232 Main St, Unit 4

232 Main St
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 Sep 1

10024 Vanderbilt Cir, Unit 1

10024 Vanderbilt Cir
RockvilleMD20850
property at 800 Amber Tree Ct

$2,450

Total Monthly Price

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

2 Bedroom, 3 Bath Condo for Rent

Available Now

800 Amber Tree Ct, Unit 103

800 Amber Tree Ct
GaithersburgMD20878

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 27 Booth St

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

27 Booth St, Unit 345

27 Booth St
GaithersburgMD20878
property at 10001 Vanderbilt Cir

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 2 Bath Condo for Rent

Available Now

10001 Vanderbilt Cir, Unit 5

10001 Vanderbilt Cir
RockvilleMD20850

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 7927 Foxcrest Ct

$2,649

Total Monthly Price

Total Monthly Price

Base Rent
$2,649

Total Monthly Price
$2,649

2 Bedroom, 2 Bath Townhome for Rent

Available Now

7927 Foxcrest Ct

PotomacMD20854
property at 10024 Vanderbilt Cir

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700

3 Bedroom, 2 Bath Condo for Rent

Available Aug 15

10024 Vanderbilt Cir, Unit 8

10024 Vanderbilt 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.

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 The Flats at Shady Grove priced from $1,330. Governor Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,624. Here are the most affordable Lakewood Estates apartments for rent in Washington, MD:

Apartment ListingModel NameBed/BathPriced From
The Flats at Shady GroveThe Glenmont1BR,1BA$1,330
Governor Square1x11BR,1BA$1,624
Sawyer FlatsAlder1BR,1BA$1,724
The Reed1 BR A1J1BR,1BA$1,733
Scarborough Square Townhomes & ApartmentsA11BR,1BA$1,751

Best Value Apartments for Rent in Lakewood Estates, MD

As of August 08, 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 $2,540 with a $1.84 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$1.84
212 W Montgomery Ave, Unit Unit #2212 W Montgomery Ave3BR,2BA$2.19
The Villages at DecoverlyBirch2BR,2BA$2.33
MAA FallsgroveTraditional 2x1 970 SF2BR,1BA$2.47
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.44
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.37
Governor Square1x11BR,1BA$2.26
Sawyer FlatsAlder1BR,1BA$2.41
eaves Washingtonian CenterA21BR,1BA$2.49

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 #5

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

Pet Friendliness Lifestyle Score

3.5
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 87 Apartments for Rent in Lakewood Estates, MD with pricing that ranges from $805 to $4,890. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $1,248 to $13,000.

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 $13,000 with an average monthly rent of $3,773.

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 $2,099 to $4,890, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,550 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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