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Rental Market Trends in Frederick, MD

Updated July 2026

The average rent in Frederick, MD is $1,763/month.

Rent in Frederick is roughly equal to the national average rent of of $1,663/month.

$1,763/month

Average Rent

769 Sq Ft

Average Size

+0.6%

Change / Year

1,114

Available Apartments

Frederick rent varies by unit size and layout:

  • Studio apartments in Frederick average $1,550 per month.
  • One-bedroom apartments in Frederick average $1,763 per month.
  • Two-bedroom apartments in Frederick average $2,010 per month.
  • Three-bedroom apartments in Frederick average $2,471 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,550/month
518 Sq Ft
One Bedroom
$1,763/month
769 Sq Ft
Two Bedroom
$2,010/month
1,036 Sq Ft
Three Bedroom
$2,471/month
1,240 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,074/month
1,113 Sq Ft
Two Bedroom
$2,068/month
681 Sq Ft
Three Bedroom
$2,922/month
1,250 Sq Ft
Four Bedroom
$3,961/month
3,399 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,002/month
900 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,214/month
591 Sq Ft
Three Bedroom
$2,663/month
1,214 Sq Ft
Four Bedroom
$3,149/month
1,954 Sq Ft
View Frederick Apartments

How much has average rent changed in Frederick, MD?

In the past year, rent has increased by 0.6%, which averages out to $12 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Frederick, MD

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Frederick, MD
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
30% $1,001 - $1,500/month
27% $1,501 - $2,000/month
35% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Frederick?

Based on current rent prices, Waterford, Ballenger Creek and Monocacy Village are the most affordable neighborhoods in Frederick.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Waterford
$1,778/month
819 Sq Ft
Ballenger Creek
$1,851/month
838 Sq Ft
Monocacy Village
$1,879/month
797 Sq Ft
Walnut Ridge
$1,921/month
829 Sq Ft
Fredericktowne Village
$1,964/month
822 Sq Ft
Tuscarora Creek
$1,998/month
753 Sq Ft
Old Farm
$2,006/month
875 Sq Ft
Monocacy Meadows
$2,167/month
764 Sq Ft
Nicodemus
$2,224/month
775 Sq Ft

What are the most expensive neighborhoods in Frederick?

Based on current rent prices, Nicodemus, Monocacy Meadows and Old Farm are the most expensive neighborhoods in Frederick.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Nicodemus
$2,224/month
775 Sq Ft
Monocacy Meadows
$2,167/month
764 Sq Ft
Old Farm
$2,006/month
875 Sq Ft
Tuscarora Creek
$1,998/month
753 Sq Ft
Fredericktowne Village
$1,964/month
822 Sq Ft
Walnut Ridge
$1,921/month
829 Sq Ft
Monocacy Village
$1,879/month
797 Sq Ft
Ballenger Creek
$1,851/month
838 Sq Ft
Waterford
$1,778/month
819 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ballenger Creek
$1,851/month
838 Sq Ft
Monocacy Meadows
$2,167/month
764 Sq Ft
Nicodemus
$2,224/month
775 Sq Ft
Tuscarora Creek
$1,998/month
753 Sq Ft
Waterford
$1,778/month
819 Sq Ft
Monocacy Village
$1,879/month
797 Sq Ft
Walnut Ridge
$1,921/month
829 Sq Ft
Fredericktowne Village
$1,964/month
822 Sq Ft
Old Farm
$2,006/month
875 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Frederick, MD?

Because the average rent in Frederick is $1,763, you’ll want to make about $5,876 per month or $70,512 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 35.9% higher than the national average. Generally, housing in Frederick is 100.1% more expensive than the national average, with rent falling between $1,550 - $2,471. You can expect to pay 10.0% more for groceries, 9.2% more for utilities, and 3.8% more for transportation.

City

Frederick, MD

1,114 Available Apartments for Rent

Search for Nearby Apartments

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.

View the Frederick Area Guide

Apartment Averages

Waterford

Frederick, MD

Nicodemus

Frederick, MD

Studio
-
-
One Bedroom
$1,725/month
-
Two Bedroom
$1,950/month
-
Three Bedroom
$2,417/month
-
View Rentals
View Rentals

Apartment Communities in Frederick We Think You'll Love

Upper East

Upper East

1601 Pinder St,
Frederick, MD 21701

Studio - 3 Beds | $2,075 - $3,450

Prospect Hall Apartments

Prospect Hall Apartments

909 Mansion Dr,
Frederick, MD 21703

1-2 Beds | $1,683 - $2,358

Fieldpointe

Fieldpointe

349 Prospect Blvd,
Frederick, MD 21701

1-3 Beds | $1,597 - $3,264

Bainbridge Market Commons

Bainbridge Market Commons

550 Stanton St,
Frederick, MD 21701

1-3 Beds | $2,127 - $3,257

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Frequently Asked Questions

What is the average rent in Frederick?

The average rent in Frederick is $1,763 per month, which is 6.0% higher than the national average of $1,663.

What is the average rent for a house in Frederick?

The average rent for a house in Frederick, MD is $2,922 per month.

What is the average rent for a townhome in Frederick?

The average rent for a townhome in Frederick, MD is $2,214 per month.

Are rents going up or down in Frederick?

Rents in Frederick, MD are increasing, with prices up 0.6% year-over-year and $12 more per month.

What rent range is most common in Frederick?

In Frederick, MD, 35% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Maryland Frederick Rental Trends

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity