
Cheap Homes for Rent in the Downtown Frederick Neighborhood of Frederick, MD from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Frederick area of Frederick.


106 S Market St

221 N Market St

510 N Market St

3 McMurray St
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.

101 W 5th St

207 W 5th St, Unit 207W 5th Street B

14-16 W 5th St

205 W 5TH St

138 E South St
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.

250 E 7th St
Downtown Frederick, Frederick, MD Local Guide

How much does it cost to rent a home in Downtown Frederick?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Frederick 2 Bedroom Homes for Rent | $2,178 | $1,900 | $2,600 |
| Downtown Frederick 3 Bedroom Homes for Rent | $2,596 | $1,900 | $3,095 |
| Downtown Frederick 4 Bedroom Homes for Rent | $4,050 | $2,800 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Frederick Neighborhood of Frederick, MD.
Explore 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 |
| Sharpe Square Apartments-62+ Seniors | 1x1 | 1BR,1BA | $1,568 |
| Francis Scott Key | Two Bedroom/Two Bath Affordable | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Francis Scott Key | Two Bedroom/1.5 Bath Affordable | 2BR,1.5BA | $1.78 |
| Ox Fibre Apartments | Three Bedroom | 3BR,2BA | $2.17 |
| 318 East Patrick Street, Unit #1 | 318 East Patrick Street | 1BR,1BA | $1.92 |
| Sharpe Square Apartments-62+ Seniors | 1x1 | 1BR,1BA | $2.27 |
| Foundry Square Apartments | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $1.92 |
Frequently Asked Questions about Downtown Frederick
What type of rentals are currently available in Downtown Frederick?
There are currently 69 Apartments for Rent in Downtown Frederick, MD with pricing that ranges from $1,105 to $3,500. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Frederick ranging from $1,500 to $6,000.
What is the current price range for Rental Homes in Downtown Frederick?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Frederick ranges from $1,500 to $6,000 with an average monthly rent of $2,601.
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.

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.

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.

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.