Cheap Apartments for Rent in the Monocacy Village Neighborhood of Frederick, MD from $1,000 (44 Rentals)

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

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243 E 2nd St, Unit 2
$1,590
Total Monthly Price

Total Monthly Price

Base Rent
$1,590
Total Monthly Price
$1,590
1 Bedroom Apartment Available Aug 8

243 E 2nd St, Unit 2

243 E 2nd StFrederick, MD 21701
Cost Per Sq.Ft.
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Rent According to Income: A Look at Income-Restricted Rentals

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property at 501 Prospect Blvd

$1,610

Total Monthly Price

Total Monthly Price

Base Rent
$1,610
Total Monthly Price
$1,610

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

501 Prospect Blvd, Unit B-28

501 Prospect Blvd
FrederickMD21701

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.

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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.

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446 E Patrick St
1 Bedroom Apartments

446 E Patrick St

446 E Patrick StFrederick, MD 21701
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Derbyshire
Studio to 2 Bedroom Apartments

Derbyshire

798 Wembley DrFrederick, MD 21701
  • Utilities Included
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1 W 10th St
1 Bedroom Apartments

1 W 10th St

1 W 10th StFrederick, MD 21701
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2 James St
2 Bedroom Apartments

2 James St

2 James StFrederick, MD 21701
  • Utilities Included
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Brooklawn Apartments
Studio to 3 Bedroom Apartments

Brooklawn Apartments

1001 Carroll PkyFrederick, MD 21701
  • Utilities Included

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.

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Parkview Apartments
1 to 2 Bedroom Apartments

Parkview Apartments

750 Carroll PkyFrederick, MD 21701
Senior Living
  • Utilities Included

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.

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Detrick Homes
2 to 4 Bedroom Apartments

Detrick Homes

6000 Ditto AveFort Detrick, MD 21702
Military
  • Utilities Included
Showing Results 1-44, Page 1 of 1

Monocacy Village, Frederick, MD Local Guide

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 ListingModel NameBed/BathPriced From
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
Ox Fibre ApartmentsTwo Bedroom2BR,2BA$1,324
Sinclair WayOne Bedroom1BR,1BA$1,494
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Frederick Greenes Apartments2 Bedroom2BR,1BA$1,580
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,648
Overlook East1 Bedroom1BR,1BA$1,650
The Fields at Rock CreekA11BR,1BA$1,684
Potomac Commons1 Bedroom1BR,1BA$1,699
Fairway Vista ApartmentsOne Bedroom1BR,1BA$1,837

Best Value Apartments for Rent in Monocacy Village, MD

As of August 05, 2026 the best value apartment in the Monocacy Village area is the $1.99 price per square foot 2 Bedroom, 2 Bath Model at The Village Center Apartments At Wormans Mill* in the in the Sun Meadow neighborhood starting from $2,569. The second greatest value Monocacy Village apartment is the The Elm Model at Fieldpointe starting at $2,454 with a $2.05 price per square foot in the Taskers Chance neighborhood. Here is today’s list of the best values for Monocacy Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village Center Apartments At Wormans Mill*2 Bedroom, 2 Bath2BR,2BA$1.99
FieldpointeThe Elm3BR,2BA$2.05
Potomac Commons1 Bedroom1BR,1BA$1.79
Francis Scott KeyTwo Bedroom/1.5 Bath Affordable2BR,1.5BA$1.78
Ox Fibre ApartmentsThree Bedroom3BR,2BA$2.17
Fairway Vista ApartmentsOne Bedroom1BR,1BA$2.21
The Fields at Rock CreekA11BR,1BA$2.21
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1.92
Sinclair Way1 Bed, 1 bath1BR,1BA$2.22
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$2.32

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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Monocacy Village, Frederick, MD

Ranked #42

Among cities in Maryland for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Monocacy Village, Frederick, MD

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 $2,200.

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 11 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 $109 which is $2,091 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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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.

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.