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The Apartments at Elmwood Terrace apartments in Frederick, MD

Updated

The Apartments at Elmwood Terrace

1420 Key Pkwy, Frederick, MD 21702

3.8 (272 reviews) Official Website

Live pricing, refreshed

10
Units Listed
$1,420
Starting at
$1,750
Average
$2,074
Highest
$1.84
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Frederick 21702 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,547
from $1,420 · 4 units
~776 sqft avg
2 Bed
$1,766
from $1,694 · 3 units
~990 sqft avg
3 Bed
$2,004
from $1,895 · 3 units
~1,140 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (7)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$109K

$1.3M annual run rate

Modeled estimate

Est. Occupancy

86%

of about 72 units (modeled from leasing activity)

Effective Rent on New Leases

$1,957

vs $1,750 current asking

Recent Lease Activity

12 units tracked; 2 assumed leased, 10 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

10

Moderate availability

10 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Frederick 21702

Neighborhood

Comparing 5 apartments in Frederick 21702. Click any bar to view that building.

See Frederick 21702 rent trends on the Frederick, MD map Explore Frederick, MD on the interactive map

Available Units

10 units
1 Bed / 1 Bath 1BR 1BA (665sf)
$1,420/mo
665 ft² · $2.14/ft\u00B2 · #1
Down $66 since Jul 7 (was $1,486)
1 Bed / 1 Bath 1BR 1BA (800sf)
$1,486/mo
800 ft² · $1.86/ft\u00B2 · #3
Down $53 since Jul 7 (was $1,539)
1 Bed / 1 Bath 1BR 1BA (780sf)
$1,583/mo
780 ft² · $2.03/ft\u00B2 · #2
Down $154 since Jul 7 (was $1,737)
2 Bed / 1 Bath 2BR 1BA (960sf)
$1,694/mo
960 ft² · $1.76/ft\u00B2 · #5
Up $71 since Jul 7 (was $1,623)
1 Bed / 1 Bath 1BR 1BA (860sf)
$1,698/mo
860 ft² · $1.97/ft\u00B2 · #4
Up $75 since Jul 7 (was $1,623)
2 Bed / 1 Bath 2BR 1BA (975sf)
$1,779/mo
975 ft² · $1.82/ft\u00B2 · #6
Up $135 since Jul 7 (was $1,644)
2 Bed / 1 Bath 2BR 1BA (1035sf)
$1,826/mo
1,035 ft² · $1.76/ft\u00B2 · #7
Down $14 since Jul 7 (was $1,840)
3 Bed / 2 Bath 3BR 2BA (1170sf)
$1,895/mo
1,170 ft² · $1.62/ft\u00B2 · #9
3 Bed / 1 Bath 3BR 1BA (1065sf)
$2,042/mo
1,065 ft² · $1.92/ft\u00B2 · #8
3 Bed / 2 Bath 3BR 2BA (1185sf)
$2,074/mo
1,185 ft² · $1.75/ft\u00B2 · #10

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Frederick, MD notes

No resident notes for this property yet.

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Frederick 21702 Rent Trends

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