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The Reed apartments in Gaithersburg, MD

Updated

The Reed

15955 Frederick Rd, Rockville, MD 20855, USA

3.2 (240 reviews) Official Website

Live pricing, refreshed

60
Units Listed
$1,765
Starting at
$1,999
Average
$2,772
Highest
$2.55
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Derwood 20855 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,902
from $1,765 · 52 units
~738 sqft avg
2 Bed
$2,584
from $2,544 · 6 units
~1,068 sqft avg
3 Bed
$2,772
from $2,772 · 2 units
~1,127 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 (1)

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

$53K

$634K annual run rate

Modeled estimate

Est. Occupancy

29%

of about 85 units (modeled from leasing activity)

Effective Rent on New Leases

$2,114

vs $1,999 current asking

Recent Lease Activity

85 units tracked; 25 assumed leased, 60 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

60

Very high availability

7 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

60 units
1 Bed / 1 Bath A1J
$1,765/mo
615 ft² · $2.87/ft² · #1331
Down $31 since Sep 16 (was $1,796)
1 Bed / 1 Bath A1J
$1,765/mo
615 ft² · $2.87/ft² · #2144
1 Bed / 1 Bath A1J
$1,790/mo
615 ft² · $2.91/ft² · #1238
Up $32 since Aug 24 (was $1,758)
1 Bed / 1 Bath A1J
$1,795/mo
615 ft² · $2.92/ft² · #1338
Up $32 since Aug 14 (was $1,763)
1 Bed / 1 Bath A1J
$1,810/mo
615 ft² · $2.94/ft² · #1525
Up $32 since Aug 14 (was $1,778)
1 Bed / 1 Bath A1J
$1,810/mo
615 ft² · $2.94/ft² · #1533
Up $32 since Aug 14 (was $1,778)
1 Bed / 1 Bath A1M
$1,835/mo
689 ft² · $2.66/ft² · #1101
1 Bed / 1 Bath A1J
$1,835/mo
615 ft² · $2.98/ft² · #1621
Up $32 since Aug 14 (was $1,803)
1 Bed / 1 Bath A1J
$1,835/mo
615 ft² · $2.98/ft² · #1638
Up $32 since Aug 14 (was $1,803)
1 Bed / 1 Bath A1M
$1,840/mo
689 ft² · $2.67/ft² · #2240

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 1,659 ft away · 34 trains/day

  • 21 daytime, 13 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: CSX

Why this matters →

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 Gaithersburg, MD notes

No resident notes for this property yet.

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