
Cheap Apartments for Rent in the Schley Neighborhood of Frederick, MD from $1,000 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Schley area of Frederick.


Ox Fibre Apartments

Foundry Square Apartments

Sinclair Way

701 Heather Ridge Dr

4710 Schley Ave

618 Biggs Ave

Total Monthly Price
243 E 2nd St, Unit 2

751 Heather Ridge Dr
Rent According to Income: A Look at Income-Restricted Rentals
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Potomac Commons

Francis Scott Key

Overlook East

Fieldpointe

The Retreat at Market Square

Apartments at Sunset

East of Market

Fairway Vista Apartments

EDE
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.

480 W South St

The Terrace

8206 Blue Heron Dr

Bainbridge Market Commons

402 Navaho Dr

446 E Patrick St

Derbyshire

1 W 10th St

2 James 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.

106 S Market St

122 W All Saints St

Parkview Apartments

The Cascades of Frederick - Ages 62+

Frederick Greenes Apartments

North Market - South Carroll Apartments

221 N Market St

14-16 W 5th St

3 McMurray 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.

510 N Market St

101 W 5th St
Schley, Frederick, MD Local Guide

How much does it cost to rent an apartment in Schley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schley Studio Apartments | $2,103 | $1,874 | $2,230 |
| Schley 1 Bedroom Apartments | $1,997 | $1,105 | $2,550 |
| Schley 2 Bedroom Apartments | $2,384 | $1,324 | $3,500 |
| Schley 3 Bedroom Apartments | $2,832 | $1,795 | $3,500 |
| Schley 4 Bedroom Apartments | $2,551 | $2,534 | $2,569 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Schley Neighborhood of Frederick, MD.
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Schley, Frederick, MD Local Guide
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Cheapest Available Schley Apartments for Rent
 The cheapest available apartment rental in the Schley 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 Schley 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 |
| The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,531 |
| Frederick Greenes Apartments | 2 Bedroom | 2BR,1BA | $1,580 |
| Francis Scott Key | Two Bedroom/Two Bath Affordable | 2BR,2BA | $1,648 |
| Overlook East | 1 Bedroom | 1BR,1BA | $1,650 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1,699 |
| Fairway Vista Apartments | One Bedroom | 1BR,1BA | $1,837 |
| The Retreat at Market Square | 1A | 1BR,1BA | $1,890 |
Best Value Apartments for Rent in Schley, MD
As of August 05, 2026 the best value apartment in the Schley 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 Schley 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 Schley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village Center Apartments At Wormans Mill* | 2 Bedroom, 2 Bath | 2BR,2BA | $1.99 |
| Fieldpointe | The Elm | 3BR,2BA | $2.05 |
| The Terrace | B2 | 2BR,2BA | $2.41 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.79 |
| Francis Scott Key | Two Bedroom/1.5 Bath Affordable | 2BR,1.5BA | $1.78 |
| Ox Fibre Apartments | Three Bedroom | 3BR,2BA | $2.17 |
| Fairway Vista Apartments | One Bedroom | 1BR,1BA | $2.21 |
| Foundry Square Apartments | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $1.92 |
| Sinclair Way | 1 Bed, 1 bath | 1BR,1BA | $2.22 |
| The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR,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.
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.
Best Local Schools in Schley, Frederick, MD
North Frederick Elementary
Gov. Thomas Johnson High School
Gov. Thomas Johnson Middle
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Frederick. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Schley Apartments
What is the price of a cheap apartment in Schley?
The cheapest apartment in Schley is Foundry Square Apartments which is listed at $1,299, while the average apartment in Schley costs $2,240.
What types of apartments are the cheapest in Schley?
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 Schley 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 Schley?
Cheap apartments in Schley have an average cost of $117 which is $2,123 cheaper than the average rent for all rentals in Schley.
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.

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.

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.