Rental market trends in Frederick, MD
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Average Apartment Cost in Frederick, MD
Apartment Rent Ranges in Frederick, MD
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 9% | 29% | 63% |
Neighborhood Apartment Rent Trends in Frederick, MD
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Wormans Mill | $2,278 | -- |
| Walnut Ridge | $1,841 | -5% |
| Market Square | $1,775 | -- |
| Waverley View | $1,617 | +3% |
| Frederick Heights | $1,539 | -4% |
| Spring Ridge | $1,500 | -- |
| Downtown Frederick | $1,396 | -2% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Walnut Ridge | $2,300 | +3% |
| Market Square | $2,250 | -- |
| Spring Ridge | $2,118 | -- |
| Whittier | $1,950 | -- |
| Fredericktowne Village | $1,900 | -- |
| Downtown Frederick | $1,868 | +16% |
| Waverley View | $1,774 | -5% |
| Frederick Heights | $1,756 | -6% |
| Taskers Chance | $1,725 | -- |
| Overlook | $1,680 | -- |
| Heather Ridge | $1,600 | -- |
How Other Cities Compare to Frederick, MD
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Ellicott City | $2,496 | +153% |
| Arlington | $2,292 | +14% |
| Rockville | $2,150 | +22% |
| Fairfax | $2,149 | +15% |
| Washington | $2,032 | -1% |
| Bethesda | $2,002 | +2% |
| Manassas | $1,979 | -17% |
| Gaithersburg | $1,821 | -3% |
| Columbia | $1,799 | 0% |
| Falls Church | $1,700 | +7% |
| Alexandria | $1,699 | -4% |
| Glen Burnie | $1,602 | -5% |
| Laurel | $1,590 | +18% |
| Silver Spring | $1,575 | -3% |
| Towson | $1,516 | +12% |
| Baltimore | $1,455 | -6% |
| Owings Mills | $1,445 | -6% |
| Germantown | $1,439 | -9% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Arlington | $2,677 | +8% |
| Washington | $2,472 | -2% |
| Bethesda | $2,431 | -6% |
| Reston | $2,308 | +14% |
| Fairfax | $2,267 | +5% |
| Rockville | $2,253 | +6% |
| Ashburn | $2,217 | +11% |
| Columbia | $2,191 | +34% |
| Alexandria | $2,145 | +1% |
| Manassas | $2,065 | +10% |
| Gaithersburg | $2,020 | -8% |
| Falls Church | $1,955 | +4% |
| Ellicott City | $1,950 | +9% |
| Silver Spring | $1,917 | -2% |
| Owings Mills | $1,812 | +5% |
| Laurel | $1,787 | -2% |
| Greenbelt | $1,776 | +8% |
| Glen Burnie | $1,740 | +16% |
| Towson | $1,719 | 0% |
| Germantown | $1,693 | +1% |
| Baltimore | $1,627 | +17% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Bethesda | $3,741 | +11% |
| Arlington | $3,657 | +11% |
| Washington | $3,483 | +2% |
| Rockville | $2,794 | +7% |
| Fairfax | $2,776 | +6% |
| Alexandria | $2,662 | +10% |
| Reston | $2,526 | +3% |
| Gaithersburg | $2,429 | -5% |
| Columbia | $2,405 | +23% |
| Falls Church | $2,370 | +5% |
| Ashburn | $2,325 | -3% |
| Ellicott City | $2,310 | +6% |
| Silver Spring | $2,216 | -1% |
| Laurel | $2,181 | +2% |
| Manassas | $2,154 | +1% |
| Owings Mills | $2,123 | +6% |
| Greenbelt | $2,096 | +10% |
| Towson | $2,037 | +7% |
| Germantown | $1,939 | +2% |
| Glen Burnie | $1,814 | +1% |
| Baltimore | $1,804 | +10% |
Frederick, MD Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| $1916 | $1916 | $1908 | $1910 | $1902 | $1908 | $1893 | $1952 | $1944 | $1935 | $1918 | $1861 | $1861 |
| $2024 | $2105 | $2117 | $2125 | $2130 | $2151 | $2146 | $2217 | $2195 | $2311 | $2232 | $2237 | $2237 |
| $2247 | $2247 | $2309 | $2243 | $2260 | $2228 | $2243 | $2309 | $2292 | $2282 | $2302 | $2325 | $2325 |
Neighborhood Information for Frederick, MD
What are the most affordable neighborhoods in Frederick, MD?
The most affordable neighborhoods in Frederick are Downtown Frederick, where the average 1-bedroom apartment rent goes for $1,396, Spring Ridge, where renters pay $1,500 on average for a 1-bedroom apartment, and Frederick Heights, where the average 1-bedroom apartment rent goes for $1,539. If you're looking for other great deals, check out the listings in Waverley View ($1,617 for a 1-bedroom apartment) or Market Square ($1,775 for a 1-bedroom apartment), compared to the $1,863 average for an Frederick 1-bedroom apartment.
What are the most expensive neighborhoods in Frederick, MD?
The most expensive neighborhoods in Frederick are Wormans Mill, where the average rent for a 1-bedroom apartment is just $2,278. offering similar apartments at an average of Walnut Ridge, $1,841, and Market Square, $1,775. For additional value-for-money options, consider Waverley View ($1,617 for a 1-bedroom apartment) or Frederick Heights ($1,539 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Frederick average for a 1-bedroom apartment, which stands at $1,863.
What are the most popular neighborhoods in Frederick, MD?
The most popular neighborhoods in Frederick are Downtown Frederick, where the average 1-bedroom apartment rent goes for $1,396, Market Square, where renters pay $1,775 on average for a 1-bedroom apartment, and Waverley View, where the average 1-bedroom apartment rent goes for $1,617. If you're looking for other popular neighborhoods, check out the listings in Frederick Heights ($1,539 for a 1-bedroom apartment) or Walnut Ridge ($1,841 for a 1-bedroom apartment), compared to the $1,863 average for an Frederick 1-bedroom apartment.
