Rental market snapshot for Frederick, Maryland

Frederick, Maryland Rental Property Market Overview

The average rent for an apartment in Frederick is $1,880. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 2.0% over the past year.

Frederick is a city located in the U.S. state of Maryland. It is the county seat of Frederick County. The city's population was 65,239 people as of 2019. Frederick is located along Interstate 70, northwest of Baltimore.

Last Updated December 23, 2022

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Average monthly rent graph in Frederick Maryland | Cost of Living

  • The most expensive ZIP Code in Frederick is 21704 with an average price of $2,151
  • The cheapest ZIP Code in Frederick is 21701 with an average price of $1,450

Frederick ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
121704$2,151
221701$2,114
321703$1,999
421702$1,875

Live near Frederick, Maryland's Top Sights and Attractions

Grove Stadium Loats Park is a historic baseball stadium located in Frederick, Maryland. The stadium was home to the Frederick Keys, a minor league baseball team, from 1919 to 1930. The stadium was also home to the Frederick Tigers, a Negro League baseball team, from 1934 to 1948. The stadium is currently home to the Frederick Douglass High School baseball team.

Hill Street Park is a small park located in the historic district of Frederick, Maryland. The park is home to a variety of trees, flowers, and shrubs, as well as a small pond. Visitors to the park can enjoy a variety of activities such as picnicking, fishing, and bird watching.

Harget Farm is a historic farmstead that includes a farmhouse, a barn, a smokehouse, a springhouse, and a corn crib. The farmstead is located on a hillside overlooking a valley.

The Frederick Municipal Forest is a large forest located on the outskirts of Frederick, Maryland. The forest is home to a variety of wildlife, including deer, squirrels, and birds. There are also a number of hiking trails located throughout the forest.

Carroll Creek Linear Park is a 3.1-mile-long park that runs along Carroll Creek in the city of Frederick, Maryland. The park features a paved walking/biking trail, a playground, a dog park, and a variety of public art installations.

Hospital Park is a small park located in the historic district of Frederick, Maryland. The park is home to a variety of trees, shrubs, and flowers. There is also a small pond in the park.

Grove Park is a beautiful park located in the heart of Frederick, Maryland. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond. The park is also home to a variety of events throughout the year, including the Frederick Festival of the Arts and the Frederick Folk Festival.

Old Camp Park is a beautiful park located in the heart of Frederick, Maryland. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond.

Frederick, Maryland area median rent change by ZIP Code map

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How does Frederick compare to other cities in Maryland ?

citymedian price
Fort Washington$2,500
Rosedale$2,100
North East$1,738
Crofton$2,250
Lanham$1,708
Mount Airy$2,550
Ellicott City$1,810

Average household income in Frederick area graph - US Census

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The median household income in Frederick in 2021 was $78,400. This represents a 18.5% change from 2011 when the median was $66,161.

#categorypercent
0Less than $10,0004.3%
1$10,000 to $14,9992.7%
2$15,000 to $19,9992.0%
3$20,000 to $24,9993.1%
4$25,000 to $29,9993.1%
5$30,000 to $34,9993.4%
6$35,000 to $39,9993.2%
7$40,000 to $44,9993.2%
8$45,000 to $49,9994.6%
9$50,000 to $59,9997.2%
10$60,000 to $74,99911.1%
11$75,000 to $99,99913.9%
12$100,000 to $124,99912.4%
13$125,000 to $149,9997.9%
14$150,000 to $199,9999.4%
15$200,000 or more8.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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