
Cheap Apartments for Rent in the Monocacy Village Neighborhood of Frederick, MD from $1,012 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monocacy Village area of Frederick.


Ox Fibre Apartments

Foundry Square Apartments

Brooklawn Apartments

Total Monthly Price
113 E Patrick St, Unit 3

41 E Patrick St

Sinclair Way

106 S Market 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.

Applegate

The Junction (MD)

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

Total Monthly Price
25 N Market St

Total Monthly Price
344B W Patrick St, Unit Patrick Place

Potomac Commons

Total Monthly Price
The Fields at Rock Creek

Francis Scott Key
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.

Overlook East

Fieldpointe

Apartments at Sunset

East of Market

Total Monthly Price
404 Elm St, Unit Apartment 2

446 E Patrick St

Derbyshire

1 W 10th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2 James St

217 E Church St

1314 Frederick Fwy

Parkview Apartments

316 Upper College Ter

907 Walnut St

The Cascades of Frederick - Ages 62+

100 E 5th St
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.

Frederick Greenes Apartments

244 E Patrick St

501 Heather Ridge Dr

The Apartments at Jefferson Chase

North Market - South Carroll Apartments

10 W All Saints St

4 Winchester St

222 Canfield Terrace
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.

232 E 2nd St

815 Stratford Way

204 Broadway St

Detrick Homes
Monocacy Village, Frederick, MD Local Guide

How much does it cost to rent an apartment in Monocacy Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monocacy Village Studio Apartments | $1,872 | $1,300 | $2,205 |
| Monocacy Village 1 Bedroom Apartments | $1,991 | $1,105 | $2,640 |
| Monocacy Village 2 Bedroom Apartments | $2,336 | $1,324 | $3,345 |
| Monocacy Village 3 Bedroom Apartments | $2,700 | $1,950 | $3,262 |
| Monocacy Village 4 Bedroom Apartments | $2,601 | $2,100 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Monocacy Village Neighborhood of Frederick, MD.
See all Apartments in FrederickExplore Frederick
Monocacy Village, Frederick, MD Local Guide
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Cheapest Available Monocacy Village Apartments for Rent
 The cheapest available apartment rental in the Monocacy Village 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 Monocacy Village 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 |
| Sinclair Way | One Bedroom | 1BR, 1BA | $1,494 |
| 316 Upper College Ter | 1BR/1.0BA | 1BR, 1BA | $1,525 |
| The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR, 1BA | $1,531 |
| The Junction (MD) | 1H | 1BR, 1BA | $1,550 |
| Brooklawn Apartments | 1 Bed-1Bath | 1BR, 1BA | $1,550 |
| Frederick Greenes Apartments | 2 Bedroom | 2BR, 1BA | $1,580 |
Best Value Apartments for Rent in Monocacy Village, MD
As of September 20, 2026 the best value apartment in the Monocacy Village area is the $1.48 price per square foot 404 Elm St Model at 404 Elm St, Unit Apartment 2 in the Taskers Chance neighborhood starting from $1,800. The second greatest value Monocacy Village apartment is the The Elm Model at Fieldpointe in the Taskers Chance neighborhood starting at $2,385 with a $1.99 price per square foot. Here is today’s list of the best values for Monocacy Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 404 Elm St, Unit Apartment 2 | 404 Elm St | 2BR, 1BA | $1.48 |
| Fieldpointe | The Elm | 3BR, 2BA | $1.99 |
| Applegate | 3 Bedroom | 3BR, 2BA | $2.00 |
| Potomac Commons | 1 Bedroom | 1BR, 1BA | $1.80 |
| Francis Scott Key | Two Bedroom/1.5 Bath Affordable | 2BR, 1.5BA | $1.78 |
| 25 N Market St | 25 N Market St | 1BR, 1BA | $1.78 |
| The Fields at Rock Creek | A3 | 1BR, 1BA | $2.09 |
| Apartments at Sunset | Reno 1x1 | 1BR, 1BA | $2.15 |
| Brooklawn Apartments | 1 Bed-1Bath | 1BR, 1BA | $2.15 |
| Foundry Square Apartments | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR, 1BA | $1.92 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMonocacy Village, Frederick, MD
Ranked #40
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Monocacy Village, Frederick, MD
North Frederick Elementary
Gov. Thomas Johnson High School
Gov. Thomas Johnson Middle
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Monocacy Village, Frederick, and the greater Frederick area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Monocacy Village Apartments
What is the price of a cheap apartment in Monocacy Village?
The cheapest apartment in Monocacy Village is Foundry Square Apartments which is listed at $1,299, while the average apartment in Monocacy Village costs $2,149.
What types of apartments are the cheapest in Monocacy Village?
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 26 regular apartments in Monocacy Village 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 Monocacy Village?
Cheap apartments in Monocacy Village have an average cost of $240 which is $1,909 cheaper than the average rent for all rentals in Monocacy Village.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
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
Written by: Robin Stewart
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.