Last updated
Average Rent in Frederick, MD & Rent Trends
Rent prices and market trends across 16 apartment communities in Frederick, MD. Updated daily.
Market Average
$1,877/mo
▼ 7.2% from last month
Lowest Available
$1,300/mo
cheapest unit on market
Communities
16
tracked daily
Units Listed
148
available now
Rent Watch: cuts and increases
Open Rent Watch →11 cuts and 10 increases among 23 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.
- The Apartments at Elmwood Terrace
↓ $33/mo
Cut of 1.9% · Unit K-101
- Magnolia Haus
↓ $15/mo
Cut of 0.7% · Unit 601
Rent by Neighborhood in Frederick, MD
Compare average rent across Frederick, MD neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Frederick 21701 | $1,943 | ▼ $150 | $595 | 8 | 57 |
| Frederick 21702 | $1,894 | ▼ $99 | $1,300 | 12 | 237 |
| Frederick 21703 | $1,772 | ▼ $29 | $1,195 | 2 | 10 |
Is Rent Going Up or Down in Frederick, MD?
As of October 2026, the average rent in Frederick, MD is $1,877 per month across 16 apartment communities and 148 available units. Rents have decreased $145 (7.2%) over the past month.
The most affordable option is Hickory Hill Apartments starting at $1,300/mo. By unit type, a 2-bedroom averages $1,877/mo.
Prices range from $1,300 to $3,758 per month. The most common price point is the $1,600 range, where 67 units are currently listed.
Frederick, MD Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $2,163 | - | 16 |
| July 2026 | $2,140 | -$23 | 17 |
| August 2026 | $2,129 | -$11 | 17 |
| September 2026 | $2,090 | -$39 | 17 |
| October 2026 | $2,041 | -$49 | 24 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Frederick, MD
Rent Prices by Apartment in Frederick, MD
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Hickory Hill Apartments | $1,300/mo | $1,300/mo | 1 | 3.1 |
| Parkview Apartments | $1,400/mo | $1,749/mo | 5 | 4.4 |
| Westwinds Apartments | $1,447/mo | $2,337/mo | 6 | 3.5 |
| Willowdale Crossing Apartments | $1,540/mo | $1,749/mo | 28 | 3.8 |
| The Apartments at Elmwood Terrace | $1,541/mo | $1,687/mo | 26 | 3.8 |
| The Apartments at Elmwood Terrace/Hunters Glen | $1,541/mo | $1,687/mo | 26 | 5 |
| Fieldpointe Apartments | $1,737/mo | $1,807/mo | 11 | 2.6 |
Frequently Asked Questions About Rent in Frederick, MD
What is the average rent in Frederick, MD?
Is rent going up or down in Frederick, MD?
What is the cheapest apartment in Frederick, MD?
How many apartments are available in Frederick, MD?
What salary do I need to live comfortably in Frederick, MD?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$75,000/year
Based on the 30 percent rule, using our tracked average rent of $1,877/mo.
Comfortable income
$90,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,300/mo), you need to earn at least $52,000/year.
Median household income in Frederick, MD is $95,150 , about 6% above the comfortable-living threshold.
Cost of living in Frederick, MD
Overall prices in Frederick, MD runs above the national average by about 10% (BEA Regional Price Parity index 109.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Frederick, MD's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,877 |
| Utilities | $653 |
| Groceries | $574 |
| Transportation | $1,557 |
| Healthcare | $759 |
| Other goods and services | $1,215 |
| Estimated total | $6,635/mo |
Population
80,617
Median household income
$95,150
Census median rent
$1,688/mo
Census rent burden
31.3%
Median age
37.1
Mean commute
30 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Frederick, MD Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Frederick, MD Apartments
Browse all 16 communities with daily-updated pricing and availability.