Last updated October 9, 2026

Average Rent in Frederick 21702 & Rent Trends

Rent prices and market trends across 8 apartment communities in Frederick 21702, Frederick, MD. Updated daily.

Area All Areas

Frederick 21701 21702 21703

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,769/mo

▼ 0.4% from last month

Lowest Available

$1,355/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Frederick 21702 vs Frederick, MD Average

Frederick 21702 is cheaper than the Frederick, MD average by $246/mo (12%). The citywide average is $2,015/mo across all neighborhoods.

Is Rent Going Up or Down in Frederick 21702?

As of October 2026, the average rent in Frederick 21702 is $1,769 per month across 8 apartment communities and 56 available units. Rents have decreased $8 (0.4%) over the past month.

The most affordable option is Creekside at Taskers Chance starting at $1,355/mo. By unit type, a 1-bedroom averages $1,769/mo.

Prices range from $1,355 to $2,189 per month. The most common price point is the $1,600 range, where 16 units are currently listed.

Frederick 21702 Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
October 2026	$1,875	-	8

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Frederick 21702

1 Bed

$1,769

from $1,355 · 56 units

Rent Prices by Apartment in Frederick 21702

Property	Starting at	Average	Units	Rating
Creekside at Taskers Chance	$1,355/mo	$1,355/mo	1	4.1
The Apartments at Elmwood Terrace	$1,424/mo	$1,600/mo	13	3.8
The Apartments at Elmwood Terrace/Hunters Glen	$1,424/mo	$1,600/mo	13	5
Detrick Plaza Apartments	$1,475/mo	$1,475/mo	1	4.1
Little Brook Apartments	$1,545/mo	$1,545/mo	2	3.9
Residences At The Manor	$1,619/mo	$1,678/mo	2	4
Magnolia Haus	$1,865/mo	$2,005/mo	20	4.3
The Park at Walnut Ridge	$1,962/mo	$2,022/mo	4	4.7

Frequently Asked Questions About Rent in Frederick 21702

What is the average rent in Frederick 21702?

The average rent in Frederick 21702 is $1,769 per month as of October 2026, based on 56 units across 8 apartment communities.

Is rent going up or down in Frederick 21702?

Rent in Frederick 21702 has decreased $8 (0.4%) over the past month. The current average is $1,769/mo.

What is the cheapest apartment in Frederick 21702?

The most affordable apartment in Frederick 21702 is Creekside at Taskers Chance with units starting at $1,355/mo.

How much is a 1-bedroom apartment in Frederick 21702?

A 1-bedroom apartment in Frederick 21702 averages $1,769/mo, with prices starting at $1,355/mo across 56 available units.

How many apartments are available in Frederick 21702?

There are 56 units available across 8 apartment communities in Frederick 21702.

What salary do I need to live comfortably in Frederick 21702?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$71,000/year

Based on the 30 percent rule, using our tracked average rent of $1,769/mo.

Comfortable income

$85,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,355/mo), you need to earn at least $54,000/year.

Median household income in Frederick 21702 is $95,150 , about 12% above the comfortable-living threshold.

Cost of living in Frederick 21702

Overall prices in Frederick 21702 runs above the national average by about 10% (BEA Regional Price Parity index 109.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Frederick 21702's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,769	daily refresh
Utilities	$653	BLS × BEA RPP
Groceries	$574	BLS × BEA RPP
Transportation	$1,557	BLS × BEA RPP
Healthcare	$759	BLS × BEA RPP
Other goods and services	$1,215	BLS × BEA RPP
Estimated total	$6,527/mo	$78,328/year

Population

80,617

Median household income

$95,150

Census median rent

$1,688/mo

Census rent burden

31.3%

Median age

37.1

Mean commute

30 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Maryland Rent Trends

Compare rent across all Maryland cities

Explore Frederick, MD on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Frederick, MD rents stack up against the national median