Cheap Apartments for Rent in the Mount Olivet Heights Neighborhood of Frederick, MD from $1,012 (62 Rentals)

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

property at 402 Navaho Dr
$850

Total Monthly Price

Base Rent$850
Total Monthly Price$850
1 Bedroom, 1 Bath Home for Rent
Available Oct 31
Affordability

402 Navaho Dr

FrederickMD21701
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243 E 2nd St
$1,300 - $1,700

Total Monthly Price

Base Rent$1,300 - $1,700
Total Monthly Price$1,300 - $1,700
1 to 2 Bedroom Apartment Available Now

243 E 2nd St

243 E 2nd StFrederick, MD 21701
Cost Per Sq.Ft.
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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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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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property at 807 Stratford Way
$1,795

Total Monthly Price

Base Rent$1,795
Total Monthly Price$1,795
2 Bedroom, 1 Bath Condo for Rent
Available Now

807 Stratford Way, Unit C

807 Stratford Way
FrederickMD21701
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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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property at 804 Stratford Way
$1,950

Total Monthly Price

Base Rent$1,950
Total Monthly Price$1,950
2 Bedroom, 1 Bath Condo for Rent
Available Now

804 Stratford Way, Unit M

804 Stratford Way
FrederickMD21701
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property at 521 Primus Ct
$1,950

Total Monthly Price

Base Rent$1,950
Total Monthly Price$1,950
3 Bedroom, 3 Bath Townhome for Rent
Available Now

521 Primus Ct

FrederickMD21703
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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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Princeton Court
Studio to 3 Bedroom Apartments

Princeton Court

5792 Brook Hill LnFrederick, MD 21703
  • Utilities Included
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2 James St
2 Bedroom Apartments

2 James St

2 James StFrederick, 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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Creekside at Taskers Chance
1 to 2 Bedroom Apartments

Creekside at Taskers Chance

100 Burgess Hill WayFrederick, MD 21702
Senior Living
  • Utilities Included
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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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Showing Results 1-50, Page 1 of 2

Mount Olivet Heights, Frederick, MD Local Guide

Cheapest Available Mount Olivet Heights Apartments for Rent

 

The cheapest available apartment rental in the Mount Olivet Heights area of Frederick, MD is a Studio unit found at Princeton Court priced from $1,224. Foundry Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Mount Olivet Heights apartments for rent in Frederick, MD:

Apartment ListingModel NameBed/BathPriced From
Princeton CourtStudioStudio,1BA$1,224
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
Creekside at Taskers Chance1 Bedroom, 1 Bathroom1BR,1BA$1,305
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
The Westwinds2 Bedroom, 1 Bath2BR,1BA$1,542
316 Upper College Ter1BR/1.0BA1BR,1BA$1,550

Best Value Apartments for Rent in Mount Olivet Heights, MD

As of September 07, 2026 the best value apartment in the Mount Olivet Heights area is the $2.02 price per square foot The Elm Model at Fieldpointe in the in the Taskers Chance neighborhood starting from $2,411. The second greatest value Mount Olivet Heights apartment is the 2 Bedroom, 1 Bath (Renovated) Model at The Westwinds starting at $1,742 with a $1.58 price per square foot in the Taskers Chance neighborhood. Here is today’s list of the best values for Mount Olivet Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
FieldpointeThe Elm3BR,2BA$2.02
The Westwinds2 Bedroom, 1 Bath (Renovated)2BR,1BA$1.58
243 E 2nd St243 E 2nd St1BR,1BA$1.18
Clearbrook ApartmentsThe Montreal2BR,2BA$1.99
The Reserve at Ballenger Creek2 Bedroom 2 Bath2BR,2BA$1.97
Potomac Commons1 Bedroom1BR,1BA$1.86
Francis Scott KeyTwo Bedroom/1.5 Bath Affordable2BR,1.5BA$1.78
Prospect Hall ApartmentsWilde1BR,1BA$2.13
Ox Fibre ApartmentsThree Bedroom3BR,2BA$2.17
24 Hamilton Ave, Unit C24 Hamilton Ave1BR,1BA$1.96

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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Navigating 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.

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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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Best Local Schools in
Mount Olivet Heights, Frederick, MD

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Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Maryland including Mount Olivet Heights, Frederick, and the greater Frederick area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Mount Olivet Heights Apartments

What is the price of a cheap apartment in Mount Olivet Heights?

The cheapest apartment in Mount Olivet Heights is Foundry Square Apartments which is listed at $1,299, while the average apartment in Mount Olivet Heights costs $2,100.

What types of apartments are the cheapest in Mount Olivet Heights?

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 29 regular apartments in Mount Olivet Heights 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 Mount Olivet Heights?

Cheap apartments in Mount Olivet Heights have an average cost of $266 which is $1,834 cheaper than the average rent for all rentals in Mount Olivet Heights.

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

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 Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.