Frederick, MD has a population of 69,330, while the median age is 35. The household income in Frederick, MD is around $67,828. The homeownership rate among the residents is 55%. The median residential property value in Frederick, MD that you should keep in mind is $255,100.
Population | 69,330 |
Median Age | 35.3 |
Poverty Rate | 11% |
Household Income | $67,828 |
Number Of Employees | 37,281 |
Median Property Value | $255,100 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $1,843 | -24.4% |
2-bed apartments | $2,013 | -16.7% |
3-bed apartments | $3,119 | -3.2% |
4+ bed apartments | $3,329 | -62.3% |
Over the May 2023, the average rent for an apartment in/near Frederick, MD decreased by 21.6% to $2,096.
The average price for a rental studio in Frederick, MD has remained the same as last month and equals $2,685. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 24.4% to $1,843. Pricing for 2-bed apartment also decreased by 16.7% and a place of this size will now cost you $2,013. 3-bed apartment rent pricing starts at $3,119, it decreased by 3.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 62.3% and made it down to $3,329.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $3,366 | -7.3% |
Houses for rent | $3,192 | -34.6% |
Condos for rent | $1,782 | -61.7% |
Apartments for rent | $1,963 | -10.3% |
Rooms for rent | $1,400 | +11.3% |
The median rent for an apartment in Frederick, MD decreased by 10.3% to $1,963. Statistics show that house rent price decreased by 34.6% this month making it up to $3,192. Condos faced an upward trend these days. The median rent for a condo decreased by 61.7%, it’s now available for $1,782. An average room will now go for $1,400, the median rent price for a room increased by 11.3%. The median rent for a townhouse decreased by 7.3%, you’ll have to spend around $3,366 to get one.