Most Affordable Neighborhoods in Frederick, MD
Some of the cheapest neighborhoods in Frederick are Frederick Heights, The Residences at the Manor, and Waterford. These neighborhoods offer some of the lowest rent prices in Frederick, making them ideal for renters on a budget. As of August 1, 2025, the average rent in Frederick is $1,712, which is 2.5% 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.
Frederick Heights
Average Rent
$1,466/Month
Year-Over-Year Rent Change
7.7%
TransitScore® Rating
29/100
Units Available
11 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.
The Residences at the Manor
Average Rent
$1,746/Month
TransitScore® Rating
28/100
Units Available
17 Rentals
The Residences at the Manor is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Residences at the Manor is $1,746 while the city average is $1,712. Residents enjoy convenient access to Gambrill State Park, Washington Dulles International, and Summers Farm. The neighborhood is considered walkable with a WalkScore® of 76.
Waterford
Average Rent
$1,756/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
27/100
Units Available
16 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.
Tuscarora Creek
Average Rent
$1,972/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
0/100
Units Available
17 Rentals
Tuscarora Creek is a scenic, master-planned community offering modern homes, beautiful green spaces, and access to walking trails. Renters will enjoy the peaceful atmosphere and proximity to local amenities. The area is perfect for families and outdoor enthusiasts seeking a nature-focused suburban lifestyle.
Monocacy Meadows
Average Rent
$2,103/Month
Units Available
34 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Monocacy Meadows. The average rent is $2,103, compared to the city average of $1,712. Monocacy Meadows is convenient to College Park Plaza Shopping Center, Monocacy National Battlefield, and Hagerstown Community College.
Nicodemus
Average Rent
$2,103/Month
TransitScore® Rating
21/100
Units Available
34 Rentals
Nicodemus is an affordable neighborhood in Frederick with an average rent price of $2,103. Compare this to the city average of $1,712. Nicodemus provides easy access to Fountain Rock Park and Nature Center, Mount Saint Mary's University, and Hood College. It’s a car-dependent neighborhood with a WalkScore® of 18.
Eastchurch
Average Rent
$2,103/Month
TransitScore® Rating
21/100
Units Available
34 Rentals
If you’re looking for a great, affordable neighborhood in Frederick, Eastchurch might be the perfect place! It has an average rent price of $2,103, while the city’s average stands at $1,712. Eastchurch is near Washington Dulles International, Montgomery College, and Crumland Farms.
The Village Center at Woran's Mill
Average Rent
$2,112/Month
TransitScore® Rating
23/100
Units Available
13 Rentals
The Village Center at Woran's Mill is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Village Center at Woran's Mill is $2,112 while the city average is $1,712. Residents enjoy convenient access to Fountain Rock Park and Nature Center, Hagerstown Regional/Richard A Henson Field, and The Village. The neighborhood is considered car-dependent with a WalkScore® of 49.
Ballenger Creek
Average Rent
$2,177/Month
Year-Over-Year Rent Change
5.4%
TransitScore® Rating
1/100
Units Available
41 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Ballenger Creek. The average rent is $2,177, compared to the city average of $1,712. Rent prices have increased by 5.4%. Ballenger Creek is convenient to Kingsbrook Crossing, Shepherd University, and Hood College. The community is car-dependent with a WalkScore® of 40.
Old Farm
Average Rent
$2,218/Month
TransitScore® Rating
18/100
Units Available
11 Rentals
Old Farm is an affordable neighborhood in Frederick with an average rent price of $2,218. Compare this to the city average of $1,712. Old Farm provides easy access to Hagerstown Regional/Richard A Henson Field, Walnut Ridge Shopping Center, and Shepherd University. It’s a somewhat walkable neighborhood with a WalkScore® of 57.
Ready to make your move to Frederick? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.