
Cheap Homes for Rent in Lakewood Estates Neighborhood of Rockville, MD from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood Estates area of Rockville.


2005 Henson Norris St

15723 Quince Trace Terrace

502 Philmont Dr, Unit 1

9701 Fields Rd, Unit 1008
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.

868 College Pkwy

510 Diamondback Dr, Unit 263

7505 Redland Park Pl

506 Diamondback Dr, Unit 333

10024 Vanderbilt Cir, Unit 1
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

How much does it cost to rent a home in Lakewood Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Estates 2 Bedroom Homes for Rent | $2,534 | $1,849 | $3,000 |
| Lakewood Estates 3 Bedroom Homes for Rent | $3,186 | $2,490 | $4,500 |
| Lakewood Estates 4 Bedroom Homes for Rent | $4,464 | $2,850 | $7,500 |
| Lakewood Estates 5 Bedroom Homes for Rent | $5,136 | $4,250 | $8,900 |
| Lakewood Estates 6 Bedroom Homes for Rent | $11,750 | $8,500 | $10,000+ |
| Lakewood Estates 7 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Lakewood Estates Neighborhood of Rockville, MD.
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Lakewood Estates, Rockville, MD Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Landing Apartments | Two Bedroom | 2BR,2BA | $961 |
| The Flats at Shady Grove | The Glenmont | 1BR,1BA | $1,474 |
| The Met Rockville | A1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elms Shady Grove | E4 | 3BR,2BA | $2.38 |
| The Ivy Rockville | The Woodmont | 2BR,1.5BA | $1.93 |
| Huntington at King Farm | Folly | 3BR,2BA | $2.53 |
| Village at Gaithersburg | 2 Bedroom 1 Bath (Income Restrictions Apply) | 2BR,1BA | $2.05 |
| The Villages at Decoverly | Apple | 1BR,1BA | $2.51 |
| Fenestra at The Square | Fenestra - 1 Bed / 1 Bath | 1BR,1BA | $2.54 |
| Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $2.39 |
| Parkside Landing Apartments | One Bedroom | 1BR,1BA | $2.31 |
| Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.37 |
| Sawyer Flats | Alder | 1BR,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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleLakewood Estates, Rockville, MD
Ranked #2
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lakewood Estates, Rockville, MD
Thomas S. Wootton High
Robert Frost Middle School
School data provided by Great Schools
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.
Helpful Local Expert Guides

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Discover DC: The Insider's Guide to Renting in Our Nations Capital
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Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.