Cheap Apartments for Rent in the Pennywood Estates Neighborhood of Burtonsville, MD from $1,200 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pennywood Estates area of Burtonsville.

Baltimore's Best Affordable Neighborhoods

Learn about Baltimore and the best places to live with original content written by our Local Expert Sarah Bregel

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Pennywood Estates, Burtonsville, MD Local Guide

Cheapest Available Pennywood Estates Apartments for Rent

 

The cheapest available apartment rental in the Pennywood Estates area of Baltimore, MD is a Studio unit found at Lighthouse at Twin Lakes Apartment Homes priced from $1,223. Montgomery White Oak has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,408. Here are the most affordable Pennywood Estates apartments for rent in Baltimore, MD:

Apartment ListingModel NameBed/BathPriced From
Lighthouse at Twin Lakes Apartment HomesStudio- 463 sqftStudio,1BA$1,223
Montgomery White OakGARDEN A 1 Bed 1 Bath1BR,1BA$1,408
Centre at Silver Spring1x11BR,1BA$1,499
Hampton PointA3-1BD/1BA1BR,1BA$1,500
Waterford Tower1 Bed, 1 Bath1BR,1BA$1,500

Best Value Apartments for Rent in Pennywood Estates, MD

As of March 12, 2025 the best value apartment in the Pennywood Estates area is the $1.60 price per square foot 2 Bed, 1.5 Bath Model at Waterford Tower in the in the Springbrook Manor neighborhood starting from $1,800. The second greatest value Pennywood Estates apartment is the 2 Bedroom Mingle Model at Knights Bridge II starting at $1,793 with a $1.69 price per square foot in the Fairland Heights neighborhood. Here is today’s list of the best values for Pennywood Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterford Tower2 Bed, 1.5 Bath2BR,1.5BA$1.60
Knights Bridge II2 Bedroom Mingle2BR,2BA$1.69
Woodvale Apartments2BR C22BR,2BA$2.05
Fairland CrossingA1 1 Bed 1 Bath1BR,1BA$1.60
Willow Manor at Fairland - Seniors 62+Two Bedroom2BR,2BA$2.13
Windsor Court and TowerThe Bolton1BR,1BA$1.98
Spring Parc1 Bed - 1 Bath (Renovated)1BR,1BA$2.12
Centre at Silver Spring1x11BR,1BA$2.00
Arcadian ApartmentsCarina1BR,1BA$2.35
Lighthouse at Twin Lakes Apartment HomesStudio- 463 sqftStudio ,1BA$2.16

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Pet Friendly Lifestyle
Pennywood Estates, Burtonsville, MD

Ranked #1

Among neighborhoods in Burtonsville, MD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Pennywood Estates, Burtonsville, MD

School data provided by Great Schools

Best Local Schools in
Pennywood Estates, Burtonsville, MD

School data provided by Great Schools

Frequently Asked Questions about Cheap Pennywood Estates Apartments

What is the Cheapest Studio apartment in Pennywood Estates?

Currently the most affordable Cheap Studio Apartment in Pennywood Estates is at Lighthouse at Twin Lakes Apartment Homes listed at $1,223.

How much is rent for a Cheap One Bedroom Pennywood Estates Apartment?

The lowest price for a Cheap One Bedroom Pennywood Estates Apartment is $1,408 at Montgomery White Oak.

What is the lowest price for a Cheap Two Bedroom Pennywood Estates Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pennywood Estates is starting from $1,591 at Knights Bridge II.

What is the most affordable Pennywood Estates Three Bedroom Apartment?

The best deal on a cheap Pennywood Estates Three Bedroom Apartment rental is at Spring Parc and starts from $1,995.

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 Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sarah Bregel

There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.