
Cheap Apartments for Rent in the Downtown Frederick Neighborhood of Frederick, MD from $1,105 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Frederick area of Frederick.


Ox Fibre Apartments

Sharpe Square

Foundry Square Apartments

Total Monthly Price
208 E 3rd St, Unit 208 E 3rd

Total Monthly Price
404 Elm St, Unit Apartment 2
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520 N. Market Apartments
Downtown Frederick, Frederick, MD Local Guide

How much does it cost to rent an apartment in Downtown Frederick?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Frederick 1 Bedroom Apartments | $1,507 | $1,105 | $1,950 |
| Downtown Frederick 2 Bedroom Apartments | $1,660 | $1,324 | $1,906 |
| Downtown Frederick 3 Bedroom Apartments | $2,377 | $1,950 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Frederick Neighborhood of Frederick, MD.
See all Apartments in FrederickExplore Frederick
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 Foundry Square Apartments priced from $1,299. Ox Fibre Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,324. Here are the most affordable Downtown Frederick apartments for rent in Frederick, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foundry Square Apartments | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $1,299 |
| Ox Fibre Apartments | Two Bedroom | 2BR,2BA | $1,324 |
| Francis Scott Key | Two Bedroom/1.5 Bath Affordable | 2BR,1BA | $1,648 |
Best Value Apartments for Rent in Downtown Frederick, MD
As of September 10, 2026 the best value apartment in the Downtown Frederick area is the $1.18 price per square foot 243 E 2nd St Model at 243 E 2nd St in the in the Taskers Chance neighborhood starting from $1,300. The second greatest value Downtown Frederick apartment is the Two Bedroom/1.5 Bath Affordable Model at Francis Scott Key starting at $1,648 with a $1.78 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 243 E 2nd St | 243 E 2nd St | 1BR,1BA | $1.18 |
| Francis Scott Key | Two Bedroom/1.5 Bath Affordable | 2BR,1.5BA | $1.78 |
| Ox Fibre Apartments | Three Bedroom | 3BR,2BA | $2.17 |
| Foundry Square Apartments | 1 Bedroom- Iron Hall | 1BR,1BA | $2.38 |
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 Foundry Square Apartments which is listed at $1,299, while the average apartment in Downtown Frederick costs $1,649.
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.
How do the prices of cheap apartments compare to the average apartment in Downtown Frederick?
Cheap apartments in Downtown Frederick have an average cost of $991 which is $658 cheaper than the average rent for all rentals in Downtown Frederick.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.