Cheap Apartments for Rent in the Downtown Frederick Neighborhood of Frederick, MD from $1,200 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Frederick area of Frederick.

property at 127 N Market St

$1,200 - $1,400

1 Bedroom Rentals

Available Now

127 N Market St

FrederickMD21701

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property at 613 N Market St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

613 N Market St, Unit 2

613 N Market St
FrederickMD21701

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cheapest Available Downtown Frederick Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,798
Foundry Square Apartments2 Bedroom- Iron Hall2BR,2BA$1,906

Best Value Apartments for Rent in Downtown Frederick, MD

As of March 13, 2026 the best value apartment in the Downtown Frederick area is the $1.90 price per square foot 419 N Market St Model at 419 N Market St, Unit Apt A in the in the Taskers Chance neighborhood starting from $1,895. The second greatest value Downtown Frederick apartment is the Two Bedroom/Two Bath Affordable Model at Francis Scott Key starting at $1,798 with a $1.81 price per square foot in the Taskers Chance neighborhood. Here is today’s list of the best values for Downtown Frederick apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
419 N Market St, Unit Apt A419 N Market St2BR,1BA$1.90
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1.81
Foundry Square Apartments2 Bedroom- Iron Hall2BR,2BA$2.05

Frequently Asked Questions about Cheap Downtown Frederick Apartments

What is the lowest price for a Cheap Two Bedroom Downtown Frederick Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Frederick is starting from $1,798 at Francis Scott Key.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.