
Cheap Apartments for Rent in the Walnut Ridge Neighborhood of Frederick, MD from $800 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Ridge area of Frederick.


2550 Emerson Drive, Unit 1st-floor bedroom (XL)

Foundry Square Apartments

Ox Fibre Apartments

Little Brook Apartments
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.

The Grove At Alban

Hamilton Station

The Westwinds

Total Monthly Price
24 Hamilton Ave, Unit C

Total Monthly Price
478A W South St, Unit B
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.

Brooklawn Apartments
Walnut Ridge, Frederick, MD Local Guide

How much does it cost to rent an apartment in Walnut Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Ridge Studio Apartments | $1,679 | $1,133 | $2,113 |
| Walnut Ridge 1 Bedroom Apartments | $2,024 | $1,015 | $2,645 |
| Walnut Ridge 2 Bedroom Apartments | $2,241 | $886 | $3,435 |
| Walnut Ridge 3 Bedroom Apartments | $2,684 | $998 | $3,245 |
| Walnut Ridge 4 Bedroom Apartments | $3,043 | $2,539 | $3,406 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Walnut Ridge Neighborhood of Frederick, MD.
See all Apartments in FrederickExplore Frederick
Cheapest Available Walnut Ridge Apartments for Rent
 The cheapest available apartment rental in the Walnut Ridge 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 $1,037. Here are the most affordable Walnut Ridge 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- Iron Hall | 1BR,1BA | $1,037 |
| Ox Fibre Apartments | One Bedroom | 1BR,1BA | $1,105 |
| The Grove At Alban | 2 BR | 2BR,1BA | $1,223 |
| Hamilton Station | 1 Bed, 1 bath | 1BR,1BA | $1,338 |
Best Value Apartments for Rent in Walnut Ridge, MD
As of June 09, 2026 the best value apartment in the Walnut Ridge area is the $1.48 price per square foot 2 Bedroom, 1 Bath (Renovated) Model at The Westwinds in the in the Taskers Chance neighborhood starting from $1,639. The second greatest value Walnut Ridge 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 Walnut Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Westwinds | 2 Bedroom, 1 Bath (Renovated) | 2BR,1BA | $1.48 |
| 419 N Market St, Unit Apt A | 419 N Market St | 2BR,1BA | $1.70 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.80 |
| Foundry Square Apartments | 2 Bedroom- Iron Hall | 2BR,2BA | $2.05 |
| Francis Scott Key | Two Bedroom/1.5 Bath (TC) | 2BR,1.5BA | $1.78 |
| 1001 Heather Ridge Dr, Unit 1001 Heather Ridge Dr, Frederick, MD 21702 | 1001 Heather Ridge Dr | 2BR,1BA | $1.89 |
| The Grove At Alban | 1 BR | 1BR,1BA | $1.62 |
| 478A W South St, Unit B | 478A W South St | 1BR,1BA | $1.75 |
| 24 Hamilton Ave, Unit C | 24 Hamilton Ave | 1BR,1BA | $1.96 |
| Sinclair Way | One Bedroom | 1BR,1BA | $1.51 |
Frequently Asked Questions about Cheap Walnut Ridge Apartments
What is the price of a cheap apartment in Walnut Ridge?
The cheapest apartment in Walnut Ridge is Sinclair Way which is listed at $1,015, while the average apartment in Walnut Ridge costs $3,081.
What types of apartments are the cheapest in Walnut Ridge?
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 14 regular apartments in Walnut Ridge 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 Walnut Ridge?
Cheap apartments in Walnut Ridge have an average cost of $130 which is $2,951 cheaper than the average rent for all rentals in Walnut Ridge.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.