Cheap Apartments for Rent in the Downtown Frederick Neighborhood of Frederick, MD from $1,100 (11 Rentals)

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

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401 S Market St
1 to 2 Bedroom Apartments

401 S Market St

401 S Market StFrederick, MD 21701

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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23-27 E 3rd St
Studio Apartments

23-27 E 3rd St

23-27 E 3rd StFrederick, MD 21701
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Lincoln Apartments
1 to 3 Bedroom Apartments

Lincoln Apartments

200-296 Phebus AveFrederick, MD 21701

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cheapest Available Downtown Frederick Apartments for Rent

 

The cheapest available apartment rental in the Downtown Frederick area of Frederick, MD is a 1 Bed unit found at Ox Fibre Apartments priced from $1,105. Sharpe Square Apartments-62+ Seniors has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,568. Here are the most affordable Downtown Frederick apartments for rent in Frederick, MD:

Apartment ListingModel NameBed/BathPriced From
Ox Fibre ApartmentsOne Bedroom1BR,1BA$1,105
Sharpe Square Apartments-62+ Seniors1x11BR,1BA$1,568
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,648
Foundry Square Apartments2 Bedroom- Iron Hall2BR,2BA$1,906

Best Value Apartments for Rent in Downtown Frederick, MD

As of June 11, 2026 the best value apartment in the Downtown Frederick area is the $1.70 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 $1,695. The second greatest value Downtown Frederick apartment is the 2 Bedroom- Iron Hall Model at Foundry Square Apartments starting at $1,906 with a $2.05 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$1.70
Foundry Square Apartments2 Bedroom- Iron Hall2BR,2BA$2.05
Francis Scott KeyTwo Bedroom/1.5 Bath (TC)2BR,1.5BA$1.78
Ox Fibre ApartmentsThree Bedroom3BR,2BA$2.17
Sharpe Square Apartments-62+ Seniors1x11BR,1BA$2.27
113 E Patrick St, Unit 3113 E Patrick St1BR,1BA$2.90

Frequently Asked Questions about Cheap Downtown Frederick Apartments

What is the price of a cheap apartment in Downtown Frederick?

The cheapest apartment in Downtown Frederick is Ox Fibre Apartments which is listed at $1,105, while the average apartment in Downtown Frederick costs $2,187.

What types of apartments are the cheapest in Downtown Frederick?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Downtown Frederick that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.