Cheap Homes for Rent in Downtown Frederick Neighborhood of Frederick, MD from $1,600 (5 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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 $1,388. Foundry Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,602. Here are the most affordable Downtown Frederick apartments for rent in Frederick, MD:

Apartment ListingModel NameBed/BathPriced From
Ox Fibre ApartmentsOne Bedroom1BR,1BA$1,388
Foundry Square Apartments1 Bedroom- Iron Hall1BR,1BA$1,602
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,648

Best Value Apartments for Rent in Downtown Frederick, MD

As of April 27, 2026 the best value apartment in the Downtown Frederick area is the $1.75 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 $1,745. The second greatest value Downtown Frederick apartment is the 116 E Patrick St Model at 116 E Patrick St, Unit 6 starting at $1,795 with a $1.89 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$1.75
116 E Patrick St, Unit 6116 E Patrick St1BR,1BA$1.89
Francis Scott KeyTwo Bedroom/1.5 Bath (TC)2BR,1.5BA$1.94
Ox Fibre ApartmentsThree Bedroom3BR,2BA$2.57
Foundry Square Apartments1 Bedroom- Iron Hall1BR,1BA$2.15

Frequently Asked Questions about Downtown Frederick

What type of rentals are currently available in Downtown Frederick?

There are currently 80 Apartments for Rent in Downtown Frederick, MD with pricing that ranges from $1,200 to $3,200. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Frederick ranging from $1,600 to $3,250.

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 $1,600 to $3,250 with an average monthly rent of $2,461.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.