Most Affordable Neighborhoods in Frederick, MD
Some of the cheapest neighborhoods in Frederick are Taskers Chance, Ballenger Creek Center, and Baker Park. These neighborhoods offer some of the lowest rent prices in Frederick, making them ideal for renters on a budget. As of February 1, 2025, the average rent in Frederick is $1,693, which is 1.5% 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
$1,238/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.
Ballenger Creek Center
Average Rent
$1,300/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
24/100
Units Available
1 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Ballenger Creek Center. The average rent is $1,300, compared to the city average of $1,693. Rent prices have decreased by 1.9%. Ballenger Creek Center is convenient to Hood College, Monocacy National Battlefield, and Crestwood Plaza. The community is car-dependent with a WalkScore® of 49.
Baker Park
Average Rent
$1,400/Month
TransitScore® Rating
32/100
Units Available
1 Rentals
Baker Park is an affordable neighborhood in Frederick with an average rent price of $1,400. Compare this to the city average of $1,693. Baker Park provides easy access to Loudoun Gateway, Silver Line Center Platform, Washington Dulles International, and Mount Saint Mary's University. It’s a walkable neighborhood with a WalkScore® of 83.
Westbrook
Average Rent
$1,425/Month
TransitScore® Rating
28/100
Units Available
2 Rentals
If you’re looking for a great, affordable neighborhood in Frederick, Westbrook might be the perfect place! It has an average rent price of $1,425, while the city’s average stands at $1,693. Westbrook is near Mount Saint Mary's University, Monocacy National Battlefield, and Patrick Street Shopping Center.
Downtown Frederick
Average Rent
$1,465/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
37/100
Units Available
5 Rentals
Downtown Frederick is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Frederick is $1,465 while the city average is $1,693. This is a 2.5% difference from last year. Residents enjoy convenient access to The Anson Smith Portfolio, Everedy Square & Shab Row, and Rockville. The neighborhood is considered walkable with a WalkScore® of 97.
Frederick Heights
Average Rent
$1,537/Month
Year-Over-Year Rent Change
5.7%
TransitScore® Rating
29/100
Units Available
13 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.
Heather Ridge
Average Rent
$1,605/Month
TransitScore® Rating
28/100
Units Available
4 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Heather Ridge. The average rent is $1,605, compared to the city average of $1,693. Heather Ridge is convenient to Rose Hill Plaza, Washington Dulles International, and Walkersville Southern Railroad. The community is walkable with a WalkScore® of 70.
Selwyn Farms
Average Rent
$1,612/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
30/100
Units Available
4 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.
Waverley View
Average Rent
$1,617/Month
TransitScore® Rating
28/100
Units Available
1 Rentals
Waverley View is an affordable neighborhood in Frederick with an average rent price of $1,617. Compare this to the city average of $1,693. Waverley View provides easy access to Washington Dulles International, Hagerstown Community College, and Summers Farm. It’s a car-dependent neighborhood with a WalkScore® of 39.
College Estates
Average Rent
$1,658/Month
Year-Over-Year Rent Change
2.6%
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.
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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.