
Cheap Homes for Rent in the Lakewood Estates Neighborhood of Rockville, MD from $1,200 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood Estates area of Rockville.


868 College Pkwy, Unit 102

868 College Pkwy

414 Main St

9701 Fields Rd, Unit 1008

506 Diamondback Dr, Unit 333
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.

232 Main St, Unit 4

901 Hillside Lake Ter, Unit 901 Hillside Lake Terrace, 609

933 Hillside Lake Ter, Unit 933 Hillside Lake Terrace, 109

7715 Mary Cassatt Dr

10024 Vanderbilt Cir, Unit 1

800 Amber Tree Ct, Unit 103
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.

800 Amber Tree Ct

27 Booth St, Unit 345

10001 Vanderbilt Cir, Unit 5

7861 Coddle Harbor Ln

5 Supreme Ct

501 Hungerford Dr, Unit 154
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.

4 Kirkfield Ct

10024 Vanderbilt Circle, Unit 2

7927 Foxcrest Ct

15415 Reprise Terrace

12405 Gooderham Way

10024 Vanderbilt Cir, Unit 8
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.

10606 Tuppence Ct
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 | $2,499 | $1,795 | $3,000 |
| Lakewood Estates 3 Bedroom Homes for Rent | $3,474 | $2,600 | $5,500 |
| Lakewood Estates 4 Bedroom Homes for Rent | $4,261 | $2,550 | $5,900 |
| Lakewood Estates 5 Bedroom Homes for Rent | $5,062 | $3,995 | $8,500 |
| Lakewood Estates 6 Bedroom Homes for Rent | $10,475 | $7,950 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 3 mile radius of the Lakewood Estates Neighborhood of Rockville, MD.
Explore Rockville
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats at Shady Grove | The Glenmont | 1BR,1BA | $1,330 |
| Governor Square | 1x1 | 1BR,1BA | $1,624 |
| Sawyer Flats | Alder | 1BR,1BA | $1,724 |
| The Reed | 1 BR A1J | 1BR,1BA | $1,733 |
| Scarborough Square Townhomes & Apartments | A1 | 1BR,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 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 | $1.84 |
| 212 W Montgomery Ave, Unit Unit #2 | 212 W Montgomery Ave | 3BR,2BA | $2.19 |
| The Villages at Decoverly | Birch | 2BR,2BA | $2.33 |
| MAA Fallsgrove | Traditional 2x1 970 SF | 2BR,1BA | $2.47 |
| Park Terrace Apartments | 1 bed, 1 bath renovated | 1BR,1BA | $2.44 |
| Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $2.37 |
| Governor Square | 1x1 | 1BR,1BA | $2.26 |
| Sawyer Flats | Alder | 1BR,1BA | $2.41 |
| eaves Washingtonian Center | A2 | 1BR,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 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 #5
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 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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