
Cheap Apartments for Rent in the Walnut Ridge Neighborhood of Frederick, MD from $1,080 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Ridge area of Frederick.


Ox Fibre Apartments

Little Brook Apartments

Foundry Square Apartments

Total Monthly Price
243 E 2nd St
Rent According to Income: A Look at Income-Restricted Rentals
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Brooklawn Apartments

The Grove At Alban

Total Monthly Price
24 Hamilton Ave, Unit C

Sinclair Way

Applegate
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.

The Apartments at Elmwood Terrace

The Westwinds

The Junction (MD)

Total Monthly Price
344B W Patrick St, Unit Patrick Place

1 W 10th 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.

316 Upper College Ter
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 | $1,616 | $1,133 | $2,230 |
| Walnut Ridge 1 Bedroom Apartments | $1,952 | $1,105 | $2,675 |
| Walnut Ridge 2 Bedroom Apartments | $2,188 | $1,324 | $3,545 |
| Walnut Ridge 3 Bedroom Apartments | $2,677 | $1,950 | $3,465 |
| Walnut Ridge 4 Bedroom Apartments | $3,059 | $2,539 | $3,231 |
Browse Apartments in this Neighborhood
There are currently 16 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 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 Walnut Ridge 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 |
| The Grove At Alban | 2 BR | 2BR,1BA | $1,368 |
| Sinclair Way | One Bedroom | 1BR,1BA | $1,494 |
| The Apartments at Elmwood Terrace | 1BR 1BA (665sf) | 1BR,1BA | $1,535 |
Best Value Apartments for Rent in Walnut Ridge, MD
As of September 08, 2026 the best value apartment in the Walnut Ridge area is the $2.02 price per square foot 2C Model at The Retreat at Market Square in the in the Sun Meadow neighborhood starting from $2,250. The second greatest value Walnut Ridge 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 Walnut Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Retreat at Market Square | 2C | 2BR,2BA | $2.02 |
| The Westwinds | 2 Bedroom, 1 Bath (Renovated) | 2BR,1BA | $1.58 |
| 243 E 2nd St | 243 E 2nd St | 1BR,1BA | $1.18 |
| The Fred Apartment Homes | 2 Bedroom (A) | 2BR,2BA | $1.82 |
| The Grove At Alban | 2 BR | 2BR,1BA | $1.44 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.86 |
| Francis Scott Key | Two Bedroom/1.5 Bath Affordable | 2BR,1.5BA | $1.78 |
| The Residences at the Manor Apartments | 2 Bedroom 2 Bath Monroe at Manor | 2BR,2BA | $2.09 |
| Ox Fibre Apartments | Three Bedroom | 3BR,2BA | $2.17 |
| 24 Hamilton Ave, Unit C | 24 Hamilton Ave | 1BR,1BA | $1.96 |
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 Foundry Square Apartments which is listed at $1,299, while the average apartment in Walnut Ridge costs $2,051.
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 31 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 $186 which is $1,865 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

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.

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.

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.

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.