Cheap Homes for Rent in Schley Neighborhood of Frederick, MD from $1,500 (12 Rentals)

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

property at 700M Heather Ridge Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

700M Heather Ridge Dr

FrederickMD21702

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.

property at 804 Stratford Way

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

804 Stratford Way

FrederickMD21701

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.

Schley, Frederick, MD Local Guide

Cheapest Available Schley Apartments for Rent

 

The cheapest available apartment rental in the Schley area of Frederick, MD is a 2 Beds unit found at Sinclair Way priced from $886. 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 Schley apartments for rent in Frederick, MD:

Apartment ListingModel NameBed/BathPriced From
Sinclair WayTwo Bedroom2BR,1BA$886
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
Ox Fibre ApartmentsOne Bedroom1BR,1BA$1,388
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Frederick Greenes Apartments1 Bedroom1BR,1BA$1,536

Best Value Apartments for Rent in Schley, MD

As of May 07, 2026 the best value apartment in the Schley area is the $2.25 price per square foot District - 1BR w/Den Model at Upper East in the in the Frederick Research Park neighborhood starting from $2,399. The second greatest value Schley apartment is the 419 N Market St Model at 419 N Market St, Unit Apt A starting at $1,695 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Upper EastDistrict - 1BR w/Den1BR,1BA$2.25
419 N Market St, Unit Apt A419 N Market St2BR,1BA$1.70
116 E Patrick St, Unit 6116 E Patrick St1BR,1BA$1.89
Potomac Commons1 Bedroom1BR,1BA$1.88
Foundry Square Apartments2 Bedroom- Iron Hall2BR,2BA$2.05
Francis Scott KeyTwo Bedroom/1.5 Bath (TC)2BR,1.5BA$1.94
FieldpointeThe Dogwood2BR,2BA$1.87
Fairway Vista ApartmentsOne Bedroom1BR,1BA$2.21
478A W South St, Unit B478A W South St1BR,1BA$1.75
Sinclair WayOne Bedroom1BR,1BA$1.51

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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Quick Rent Budget Calculator

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Frequently Asked Questions about Schley

What type of rentals are currently available in Schley?

There are currently 123 Apartments for Rent in Schley, MD with pricing that ranges from $886 to $3,380. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schley ranging from $1,500 to $4,000.

What is the current price range for Rental Homes in Schley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Schley ranges from $1,500 to $4,000 with an average monthly rent of $2,415.

How much are larger Three and Four Bedroom Rentals in Schley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Schley range from $998 to $3,264, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,099 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,539.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.