Rental market snapshot for Frederick, Maryland

Frederick, Maryland Rental Property Market Overview

Frederick, Maryland is a vibrant city with a population of 79,588 as of 2021, according to the US Census. It is located in the northern part of the state and is home to a variety of attractions, including the National Museum of Civil War Medicine, the Frederick County Historical Society, and the Monocacy National Battlefield. The city is also known for its vibrant arts and culture scene, with a variety of galleries, museums, and performing arts venues. Frederick is a great place to live, work, and play, and its population continues to grow.

The average rent for an apartment in Frederick is $2,110. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Frederick Maryland | Cost of Living

  • The most expensive ZIP code in Frederick is 21769 with an average price of $2,770.
  • The cheapest ZIP code in Frederick is 21702 with an average price of $2,000.

Frederick ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
121769$2,770
221704$2,592
321701$2,034
421703$2,010
521702$2,000

Live near Frederick, Maryland's Top Sights and Attractions

Grove Stadium Loats Park is a historic baseball stadium located in Frederick, Maryland. It is home to the Frederick Keys, a minor league baseball team affiliated with the Baltimore Orioles. The stadium features a classic brick facade, a large grandstand, and a grassy outfield. It also has a picnic area and a playground for kids. The stadium is a popular destination for baseball fans, as well as those looking for a fun day out with the family.

Hill Street Park is a small but picturesque park located in a residential area. It features a large open grassy area, perfect for picnics and outdoor activities, as well as a playground and a walking path. The park also has a pond with a fountain, a gazebo, and several benches and picnic tables. The park is surrounded by trees, making it a great spot for a peaceful stroll or a relaxing afternoon.

Harget Farm is a family-friendly attraction located in the rolling hills of Maryland. Visitors can explore the farm's many attractions, such as the petting zoo, the corn maze, the hayride, and the pumpkin patch. There are also a variety of farm animals to meet, including cows, goats, sheep, and chickens. The farm also offers a variety of activities, such as a playground, a picnic area, and a farm store. Visitors can also enjoy a variety of seasonal events, such as the Fall Festival and the Christmas Tree Lighting.

Frederick Municipal Forest is a sprawling outdoor recreation area located in the heart of Maryland. It features over 500 acres of lush forest, meadows, and wetlands, as well as miles of trails for hiking, biking, and horseback riding. The forest is also home to a variety of wildlife, including deer, foxes, and birds. Visitors can also enjoy fishing, camping, and picnicking in the area.

Carroll Creek Linear Park is a scenic urban park located in the heart of Frederick, Maryland. The park is a 1.3-mile long linear park that follows the Carroll Creek, a tributary of the Monocacy River. The park features a variety of attractions, including a pedestrian bridge, a fountain, a waterfall, a boardwalk, and a variety of sculptures and art installations. The park also features a variety of recreational activities, such as walking and biking trails, a playground, and a variety of outdoor seating areas. The park is a popular destination for locals and visitors alike, offering a peaceful and picturesque setting for relaxation and recreation.

Hospital Park is a historic park located in the heart of Frederick. It features a variety of monuments and memorials, including a Civil War monument, a World War I memorial, and a memorial to the city's fallen firefighters. The park also features a gazebo, a playground, and a walking path. It is a popular spot for locals and visitors alike to relax and enjoy the scenery.

Grove Park is a scenic park located in Frederick, Maryland. It features a large pond, walking trails, and a variety of wildlife. The park is also home to a variety of trees, including oak, maple, and pine. There are several picnic tables and benches located throughout the park, providing visitors with a great place to relax and enjoy the scenery. The park also features a playground, making it a great spot for families to spend time together.

Old Camp Park is a beautiful outdoor area located in Frederick, Maryland. It features a large lake, a playground, picnic areas, and plenty of trails for walking, biking, and horseback riding. The park also has a variety of wildlife, including birds, deer, and other animals. The lake is stocked with fish, making it a great spot for fishing. The park is a great place to spend a day outdoors, enjoying nature and the fresh air.

Utica District Park is a beautiful outdoor area located in Frederick, Maryland. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, and a pond. The park also has a large open field perfect for sports or other outdoor activities. The park is surrounded by lush trees and greenery, providing a peaceful and relaxing atmosphere. Visitors can also take advantage of the park's many amenities, such as restrooms, benches, and a pavilion.

Mullinex Park is a beautiful outdoor oasis located in the heart of Maryland. It features a large lake, walking trails, and plenty of open green space for picnicking and playing. The park also has a playground, basketball court, and a pavilion for events. The lake is stocked with fish, and visitors can rent paddle boats and canoes to explore the lake. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

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
Greenbelt$2,000
College Park$1,986
Essex$1,850
Wheaton$1,840
Woodlawn$1,836
Montgomery Village$1,825
Timonium$1,680
Halfway$1,625
Forestville$1,474

Average household income in Frederick area graph - US Census

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The median household income in Frederick in 2021 was $82,563. This represents a 26.4% change from 2011 when the median was $65,328.

#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%

Neighborhoods in Frederick

We currently do not have this data but we are working to add this soon.

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.

As of February , the average rent in Frederick is $2,110.
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