
Cheap Homes for Rent in Schley Neighborhood of Frederick, MD from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Schley area of Frederick.


122 W All Saints St

110 Ice St

700M Heather Ridge Dr

700 Heather Ridge Dr

25 Degrange 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.

6343 Springwater Terrace

804 Stratford Way

1605 Berry Rose Ct

207 W 5th St, Unit 207W 5th Street Unit B, Unit 207W 5th Street Unit B

1746 Springfield Ln

225 N Market St
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

How much does it cost to rent a home in Schley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schley 2 Bedroom Homes for Rent | $2,210 | $1,650 | $3,250 |
| Schley 3 Bedroom Homes for Rent | $2,713 | $2,099 | $3,200 |
| Schley 4 Bedroom Homes for Rent | $3,089 | $2,600 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sinclair Way | Two Bedroom | 2BR,1BA | $886 |
| Foundry Square Apartments | 1 Bedroom- Sterling Lodge (Senior 62+) | 1BR,1BA | $1,299 |
| Ox Fibre Apartments | One Bedroom | 1BR,1BA | $1,388 |
| The Cascades of Frederick - Ages 62+ | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,531 |
| Frederick Greenes Apartments | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Upper East | District - 1BR w/Den | 1BR,1BA | $2.25 |
| 419 N Market St, Unit Apt A | 419 N Market St | 2BR,1BA | $1.70 |
| 116 E Patrick St, Unit 6 | 116 E Patrick St | 1BR,1BA | $1.89 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.88 |
| Foundry Square Apartments | 2 Bedroom- Iron Hall | 2BR,2BA | $2.05 |
| Francis Scott Key | Two Bedroom/1.5 Bath (TC) | 2BR,1.5BA | $1.94 |
| Fieldpointe | The Dogwood | 2BR,2BA | $1.87 |
| Fairway Vista Apartments | One Bedroom | 1BR,1BA | $2.21 |
| 478A W South St, Unit B | 478A W South St | 1BR,1BA | $1.75 |
| Sinclair Way | One Bedroom | 1BR,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.
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
Gov. Thomas Johnson Middle
School data provided by Great Schools
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

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.

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.

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.

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.