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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, USA

3.8 (272 reviews) Official Website

Live pricing, refreshed

45
Units Listed
$1,424
Starting at
$1,733
Average
$2,139
Highest
$1.84
Per Sq Ft

How does this compare? View Frederick 21702 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,600
from $1,424 · 13 units
~759 sqft avg
2 Bed
$1,705
from $1,548 · 23 units
~968 sqft avg
3 Bed
$1,998
from $1,844 · 9 units
~1,142 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (50)

Largest 8 movers of 50

Last 15 days

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

$34K

$409K annual run rate

Modeled estimate

Est. Occupancy

31%

of about 65 units (modeled from leasing activity)

Effective Rent on New Leases

$1,704

vs $1,733 current asking ($29 negotiation gap)

Recent Lease Activity

65 units tracked; 20 assumed leased, 45 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

45

Very high availability

12 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

45 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit II-308
$1,424/mo
665 ft² · $2.14/ft²

Starting base rent

Available: Contact for availability

Down $3 since Oct 8 (was $1,427)
1 Bed / 1 Bath Unit II-111
$1,474/mo
665 ft² · $2.22/ft²

Starting base rent

Available: Contact for availability

Down $3 since Oct 8 (was $1,477)
1 Bed / 1 Bath Unit II-205
$1,476/mo
665 ft² · $2.22/ft²

Starting base rent

Available: Contact for availability

Down $51 since Oct 8 (was $1,527)
1 Bed / 1 Bath Unit II-310
$1,493/mo
665 ft² · $2.25/ft²

Starting base rent

Available: Contact for availability

Down $20 since Oct 8 (was $1,513)
1 Bed / 1 Bath Unit II-212
$1,541/mo
665 ft² · $2.32/ft²

Starting base rent

Available: Contact for availability

Down $1 since Oct 8 (was $1,542)
2 Bed / 1 Bath Unit KK-204
$1,548/mo
960 ft² · $1.61/ft²

Starting base rent

Available: Contact for availability

Down $3 since Oct 7 (was $1,551)
1 Bed / 1 Bath Unit J-301
$1,562/mo
860 ft² · $1.82/ft²

Starting base rent

Available: Contact for availability

Up $5 since Oct 8 (was $1,557)
2 Bed / 1 Bath Unit M-302
$1,563/mo
900 ft² · $1.74/ft²

Starting base rent

Available: Contact for availability

2 Bed / 1 Bath Unit B-304
$1,606/mo
960 ft² · $1.67/ft²

Starting base rent

Available: Contact for availability

Up $10 since Oct 8 (was $1,596)
2 Bed / 1 Bath Unit B-203
$1,614/mo
975 ft² · $1.66/ft²

Starting base rent

Available: Contact for availability

Up $10 since Oct 8 (was $1,604)

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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