Prospect Hall Apartments
909 Mansion Dr,
Frederick, MD 21703
$1,667 - $2,433
1-2 Beds
Rental Market Trends in Frederick, MD
What is the average rent in Frederick, MD?
$1,725/month
Average Rent
759 Sq Ft
Average Apartment Size
+3.4%
Increase in the Last Year
As of September 2025, the average rent in Frederick, MD is $1,725 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Frederick rent prices are 5% higher than the national average. When you rent an apartment in Frederick, you can expect to pay about $1,441 per month for a studio, $1,725 for a one-bedroom apartment, and around $1,993 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,366 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Frederick, MD?
In the past year, rent has increased by 3.4%, which averages out to $59 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent Ranges in Frederick, MD
Last Updated September 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
12%
$700 - $1,000/month
23%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Frederick?
Based on current rent prices, Frederick Heights, The Residences at the Manor and Waterford are the most affordable neighborhoods in Frederick.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Frederick?
Based on current rent prices, Monocacy Meadows, Nicodemus and Eastchurch are the most expensive neighborhoods in Frederick.
Neighborhood
Average Rent
Average Sq Ft
Which Frederick neighborhoods have the most rentals available?
The neighborhoods in Frederick with the most apartments available are Ballenger Creek, Monocacy Meadows and Nicodemus .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Frederick, MD?
Because the average rent in Frederick is $1,725, you’ll want to make about $5,750 per month or $69,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Frederick, MD is 30.1% higher than the national average. Generally, housing in Frederick is 85.2% more expensive than the national average, with rent falling between $1,441 - $2,366. You can expect to pay 9.6% more for groceries, 10.0% more for utilities, and 2.1% more for transportation.
How does Frederick, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Frederick, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,606/month
-
Two Bedroom
$1,637/month
-
Three Bedroom
-
-
Apartment communities in Frederick we think you'll love
Property Management Companies in Frederick, MD
Kushner Companies
-
61
Communities
-
21,142
Units
-
45
Cities
2 Communities in Frederick
Grady Management, Inc.
-
51
Communities
-
12,165
Units
-
34
Cities
2 Communities in Frederick
Acento Real Estate Partners
-
24
Communities
-
6,318
Units
-
17
Cities
2 Communities in Frederick
Belveron Partners
-
17
Communities
-
2,301
Units
-
13
Cities
2 Communities in Frederick
Garden Homes
-
14
Communities
-
4,397
Units
-
12
Cities
2 Communities in Frederick
Donohoe
-
54
Communities
-
7,170
Units
-
10
Cities
2 Communities in Frederick
Greystar
-
3,381
Communities
-
938,762
Units
-
866
Cities
1 Community in Frederick
ZRS Management
-
326
Communities
-
97,625
Units
-
130
Cities
1 Community in Frederick
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.
* Percentages may not total 100 due to rounding.