Cheap Apartments for Rent in the Pegg Run Neighborhood of Lexington Park, MD from $1,000 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pegg Run area of Lexington Park.

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Carpenter Park
3 to 4 Bedroom Apartments

Carpenter Park

700-740 Carpenter ParkPatuxent River, MD 20670
Military
  • Utilities Included
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Pegg Run, Lexington Park, MD Local Guide

Cheapest Available Pegg Run Apartments for Rent

 

The cheapest available apartment rental in the Pegg Run area of Lexington Park, MD is a 2 Beds unit found at Spring Valley Apartments priced from $1,246. St. Marys Landing Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,705. Here are the most affordable Pegg Run apartments for rent in Lexington Park, MD:

Apartment ListingModel NameBed/BathPriced From
Spring Valley Apartments2BR/2BA2BR,2BA$1,246
St. Marys Landing Apartments and TownhomesOne Bedroom - 461 sqft1BR,1BA$1,705
Spyglass at Cedar CoveJunior1BR,1BA$1,710

Best Value Apartments for Rent in Pegg Run, MD

As of March 23, 2025 the best value apartment in the Pegg Run area is the $1.32 price per square foot 3BR/2BA Model at Spring Valley Apartments in the in the Pegg Run neighborhood starting from $1,561. The second greatest value Pegg Run apartment is the Bennett Model at Abberly Crest Apartment Homes starting at $1,945 with a $2.43 price per square foot in the Pegg Run neighborhood. Here is today’s list of the best values for Pegg Run apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spring Valley Apartments3BR/2BA3BR,2BA$1.32
Abberly Crest Apartment HomesBennett1BR,1BA$2.43
Spyglass at Cedar CoveJunior1BR,1BA$3.08
St. Marys Landing Apartments and TownhomesOne Bedroom - 461 sqft1BR,1BA$3.70

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Pet Friendly Lifestyle
Pegg Run, Lexington Park, MD

Ranked #1

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Pegg Run Apartments

What is the price of a cheap apartment in Pegg Run?

The cheapest apartment in Pegg Run is St. Marys Landing Apartments and Townhomes which is listed at $1,705, while the average apartment in Pegg Run costs $2,265.

What types of apartments are the cheapest in Pegg Run?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 188 regular apartments in Pegg Run that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Pegg Run?

Cheap apartments in Pegg Run have an average cost of $386 which is $1,879 cheaper than the average rent for all rentals in Pegg Run.

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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