Most Affordable Neighborhoods in Frederick, MD
Some of the cheapest neighborhoods in Frederick are Taskers Chance, Ballenger Creek Center, and Westbrook. These neighborhoods offer some of the lowest rent prices in Frederick, making them ideal for renters on a budget. As of January 2, 2025, the average rent in Frederick is $1,685, which is 1.4% 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
$1,234/Month
TransitScore® Rating
28/100
Units Available
4 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
0.8%
TransitScore® Rating
24/100
Units Available
1 Rentals
Ballenger Creek Center is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ballenger Creek Center is $1,300 while the city average is $1,685. This is a -0.8% difference from last year. Residents enjoy convenient access to Crumland Farms, Summers Farm, and Hood College. The neighborhood is considered car-dependent with a WalkScore® of 49.
Westbrook
Average Rent
$1,425/Month
TransitScore® Rating
28/100
Units Available
2 Rentals
When you’re looking for a great Frederick neighborhood on a budget, check out Westbrook. The average rent is $1,425, compared to the city average of $1,685. Westbrook is convenient to Montgomery College, Mount Saint Mary's University, and Fountain Rock Park and Nature Center. The community is somewhat walkable with a WalkScore® of 51.
Carrollton
Average Rent
$1,497/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
28/100
Units Available
40 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.
Frederick Heights
Average Rent
$1,537/Month
Year-Over-Year Rent Change
5.8%
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.
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 $1,685. Waverley View provides easy access to Ashburn, Silver Line Center Platform, Twinbrook, and Rockville. It’s a car-dependent neighborhood with a WalkScore® of 39.
Selwyn Farms
Average Rent
$1,631/Month
Year-Over-Year Rent Change
5.6%
TransitScore® Rating
30/100
Units Available
8 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.
Heather Ridge
Average Rent
$1,652/Month
TransitScore® Rating
28/100
Units Available
4 Rentals
If you’re looking for a great, affordable neighborhood in Frederick, Heather Ridge might be the perfect place! It has an average rent price of $1,652, while the city’s average stands at $1,685. Heather Ridge is near Mount Saint Mary's University, Crumland Farms, and Ashburn, Silver Line Center Platform.
College Estates
Average Rent
$1,676/Month
Year-Over-Year Rent Change
2.5%
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.
Waterford
Average Rent
$1,808/Month
Year-Over-Year Rent Change
11.4%
TransitScore® Rating
27/100
Units Available
13 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.