Apartments for Rent in Lake Arbor, MD

Prices and availability in Lake Arbor, MD were last updated on 9 Oct 2026.

The best apartments in Lake Arbor, MD are: Woodmore Grand and 1043 Downing Ct - Spacious 5BR/3.5BA End-Unit Townhome in Bowie.

The average rent in Lake Arbor, MD is $2,301.

The price range for a 2-bedroom apartment in Lake Arbor, MD is between $2,730 and $2,850.

In Lake Arbor 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 49% of Lake Arbor's apartments are found in large buildings of 50 units or more, 47% are located in smaller apartment complexes with less than 50 units, and 4% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lake Arbor are about 13 years old, on average. Of these, 67% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 7 stories. About 42% of the rental communities here are low-rise, garden-style communities, 26% are mid-rises, and 33% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Lake Arbor are around 0% of rentals, while 1-bedroom floor plans represent 51% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.