Most Affordable Neighborhoods in Frederick, MD
Some of the cheapest neighborhoods in Frederick are Taskers Chance, Westbrook, and Frederick Heights. These neighborhoods offer some of the lowest rent prices in Frederick, making them ideal for renters on a budget. As of May 2, 2025, the average rent in Frederick is $1,705, which is 0.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Taskers Chance
Average Rent
$1,290/Month
TransitScore® Rating
28/100
Units Available
1 Rentals
Taskers Chance stands out with its well-established reputation for spacious homes, local parks, and top-rated schools. The family-friendly environment is complemented by the convenience of shopping and dining options along U.S. Route 40. It's an ideal spot for families who value suburban living with a dash of modernity.
Westbrook
Average Rent
$1,425/Month
TransitScore® Rating
28/100
Units Available
2 Rentals
Westbrook is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westbrook is $1,425 while the city average is $1,705. Residents enjoy convenient access to Fountain Rock Park and Nature Center, Summers Farm, and Crumland Farms. The neighborhood is considered somewhat walkable with a WalkScore® of 51.
Frederick Heights
Average Rent
$1,456/Month
Year-Over-Year Rent Change
12.2%
TransitScore® Rating
29/100
Units Available
9 Rentals
Frederick Heights, a diverse neighborhood, is a hub for affordable housing. The community feel, access to local parks, schools, and proximity to downtown Frederick make it a sought-after location. It's a perfect fit for those who enjoy suburban living with city conveniences at their fingertips.
Waverley View
Average Rent
$1,596/Month
TransitScore® Rating
28/100
Units Available
2 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Waverley View. The average rent is $1,596, compared to the city average of $1,705. Waverley View is convenient to Gambrill State Park, District 40, and Waverley Center. The community is car-dependent with a WalkScore® of 39.
Heather Ridge
Average Rent
$1,606/Month
TransitScore® Rating
28/100
Units Available
4 Rentals
Heather Ridge is an affordable neighborhood in Frederick with an average rent price of $1,606. Compare this to the city average of $1,705. Heather Ridge provides easy access to Frederick Shopping Center, Thomas Johnson Shopping Center, and Fountain Rock Park and Nature Center. It’s a walkable neighborhood with a WalkScore® of 70.
College Estates
Average Rent
$1,650/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
29/100
Units Available
9 Rentals
College Estates, located near Frederick Community College, is a neighborhood that caters to students, families, and professionals. With a mix of residential homes and local amenities, it offers a unique blend of academic and suburban life. The close proximity to schools, parks, and shopping centers adds to its appeal.
Downtown Frederick
Average Rent
$1,692/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
37/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Frederick, Downtown Frederick might be the perfect place! It has an average rent price of $1,692, while the city’s average stands at $1,705. In the last year, prices have increased by 2.4%. Downtown Frederick is near Patrick Street Shopping Center, Hagerstown Regional/Richard A Henson Field, and Mount Saint Mary's University.
Selwyn Farms
Average Rent
$1,725/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
30/100
Units Available
2 Rentals
Selwyn Farms, a residential neighborhood, is a haven of tranquility. It boasts spacious homes and scenic green spaces. The peaceful atmosphere, coupled with its proximity to shopping, dining, and recreational activities, makes it a perfect retreat for families and individuals alike.
Carrollton
Average Rent
$1,736/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
28/100
Units Available
6 Rentals
Nestled among historic homes and modern developments, Carrollton offers a unique blend of past and present. Its tranquil streets, easy access to parks, and close proximity to downtown Frederick make it a desirable location. The area is a haven for those who appreciate a touch of history in their suburban comfort.
Waterford
Average Rent
$1,742/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
27/100
Units Available
10 Rentals
Waterford, a picturesque neighborhood, is known for its modern homes, well-maintained parks, and access to local schools. The tight-knit atmosphere and nearby shopping and dining options make it an ideal location for families seeking a suburban lifestyle with recreational activities at their doorstep.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.