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 April 25, 2025, the average rent in Frederick is $1,711, which is 0.8% 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
$1,328/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
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 $1,711. Westbrook is near Loudoun Gateway, Silver Line Center Platform, Prospect Plaza, and Rockville.
Frederick Heights
Average Rent
$1,482/Month
Year-Over-Year Rent Change
10.2%
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.
Heather Ridge
Average Rent
$1,606/Month
TransitScore® Rating
28/100
Units Available
4 Rentals
Heather Ridge is a top choice for budget-conscious renters for a variety of reasons. The average rent in Heather Ridge is $1,606 while the city average is $1,711. Residents enjoy convenient access to The Children's Museum of Rose Hill Manor Park, Fountain Rock Park and Nature Center, and Hagerstown Regional/Richard A Henson Field. The neighborhood is considered walkable with a WalkScore® of 70.
Waverley View
Average Rent
$1,617/Month
TransitScore® Rating
28/100
Units Available
1 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Waverley View. The average rent is $1,617, compared to the city average of $1,711. Waverley View is convenient to Twinbrook, Waverley Center, and Mount Saint Mary's University. The community is car-dependent with a WalkScore® of 39.
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.
Selwyn Farms
Average Rent
$1,725/Month
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.
Downtown Frederick
Average Rent
$1,736/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
37/100
Units Available
11 Rentals
Downtown Frederick is an affordable neighborhood in Frederick with an average rent price of $1,736. Compare this to the city average of $1,711. In the past year, rent prices have increased by 2.4%. Downtown Frederick provides easy access to Crumland Farms, The Anson Smith Portfolio, and Patrick Street Shopping Center. It’s a walkable neighborhood with a WalkScore® of 97.
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
$1,739/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.