Cheap Apartments for Rent in the Downtown Frederick Neighborhood of Frederick, MD from $1,100 (13 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 ListingModel NameBed/BathPriced From
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
Ox Fibre ApartmentsTwo Bedroom2BR,2BA$1,324
Sharpe Square Apartments-62+ Seniors1x11BR,1BA$1,568
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,648

Best Value Apartments for Rent in Downtown Frederick, MD

As of July 27, 2026 the best value apartment in the Downtown Frederick area is the $1.78 price per square foot Two Bedroom/1.5 Bath Affordable Model at Francis Scott Key in the in the Taskers Chance neighborhood starting from $1,648. The second greatest value Downtown Frederick apartment is the Three Bedroom Model at Ox Fibre Apartments starting at $1,950 with a $2.17 price per square foot in the Frederick Research Park 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.
Francis Scott KeyTwo Bedroom/1.5 Bath Affordable2BR,1.5BA$1.78
Ox Fibre ApartmentsThree Bedroom3BR,2BA$2.17
318 East Patrick Street, Unit #1318 East Patrick Street1BR,1BA$1.92
Sharpe Square Apartments-62+ Seniors1x11BR,1BA$2.27
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1.92

Frequently Asked Questions about Cheap Downtown Frederick Apartments

How much is rent for a Cheap One Bedroom Downtown Frederick Apartment?

The lowest price for a Cheap One Bedroom Downtown Frederick Apartment is $1,299 at Foundry Square 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 $1,324 at Ox Fibre Apartments.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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.