Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $800 (7 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 Gardens of Traville priced from $1,389. 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
Gardens of TravilleMontgomery I1BR,1BA$1,389
Residences on the Lane - 62+1F1BR,1BA$1,517
Rocklin Park ApartmentsOne Bedroom1BR,1BA$1,575

Best Value Apartments for Rent in Lakewood Estates, MD

As of May 31, 2025 the best value apartment in the Lakewood Estates area is the $1.85 price per square foot The Georgetown Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $2,739. The second greatest value Lakewood Estates apartment is the O Model at Axis at Shady Grove starting at $2,485 with a $2.15 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$1.85
Axis at Shady GroveO2BR,2BA$2.15
Gardens of TravilleGlenview III2BR,1BA$2.28
Residences on the Lane - 62+1D - w/Den Affordable (income guidelines appl1BR,1BA$2.53
Park Terrace Apartments1 bed, 1 bath renovated1BR,1BA$2.39
Scarborough Square Townhomes & ApartmentsA11BR,1BA$2.21
Governor Square1x11BR,1BA$2.26
Sawyer FlatsAlder1BR,1BA$2.56
Rocklin Park ApartmentsOne Bedroom1BR,1BA$2.42
Village at Gaithersburg1 Bedroom 1 Bath1BR,1BA$2.48

Quick Rent Budget Calculator

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Frequently Asked Questions about Lakewood Estates

What type of rentals are currently available in Lakewood Estates?

There are currently 84 Apartments for Rent in Lakewood Estates, MD with pricing that ranges from $1,099 to $6,174. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood Estates ranging from $875 to $6,200.

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 $875 to $6,200 with an average monthly rent of $3,856.

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 $6,174, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,757.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.