Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
75 Frederick, MD, USA apartments for rent
Frederick
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 |
Business & Economy
Wage by Common Jobs
Average salary in Frederick, MD: $57,298
- 1. Miscellaneous managers$109,080
- 2. Accountants & auditors$87,060
- 3. Registered nurses$73,429
- 4. Elementary & middle school teachers$60,163
- 5. Firstline supervisors of retail sales workers$53,231
Highest Paid Occupations
Numbers claim that the highest paid jobs in Frederick, MD are Legal Occupations, Architecture & Engineering Occupations, Computer & Mathematical Occupations, Computer, Engineering, Science Occupations and Management Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Frederick, MD work in. The highest paid industries are Management of Companies & Enterprises, Utilities, Professional, Scientific, Technical Services, Public Administration and Professional, Scientific, Management, Administrative & Waste Management Services.
Demographics
Race & Ethnicity
According to latest census, Frederick, MD is a home for 67% white residents. The second common group is black with 18% residents. The list of the most common racial or ethnic groups is closed by asian with 7% residents.
Non-English Speakers
Education
Past year Frederick, MD universities awarded around 510,200 degrees. Statistics show that the population of students in Frederick, MD includes 255,100 female students and 255,100 male students. Frederick, MD offers private and public tuition with a median cost of $37,400 for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Frederick Community College with the majority of graduates. The Hood College and The Temple-A Paul Mitchell Partner School hold the second and the third place respectively. The share of the public colleges in Frederick, MD is 60 and 40 go to the private colleges.
Universities
- 1. Frederick Community College1,142 graduates
- 2. Hood College589 graduates
- 3. The Temple-A Paul Mitchell Partner School94 graduates
Public vs Private
Health and Safety
Primary care physicians in Frederick, MD see an average of 1,514 patients, dentists 1,456 patients, metal health providers 538 patients, and other healthcare providers 1,196 patients per year.
Transportation
Commute Time
Average travel time: 30.54 minutes
Commuter Transportation
Citizens of Frederick, MD travel to their offices around 31 minutes lately and drove alone to get there. The rest of the residents carpooled and used public transit.
Housing Trends
How much is an apartment in Frederick, MD, USA
Average rent in Frederick: $1,917 (+5.7%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,578 | -0.1% |
| 2 bed rentals | $1,836 | +2.3% |
| 3 bed rentals | $2,350 | +11.5% |
| 4+ bed rentals | $2,498 | -2% |
Over the May 2022, the average rent for an apartment in/near Frederick, MD increased by 5.7% to $1,917.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,578 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,836. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,350. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,498 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Townhouse rentals | $2,313 | +8.6% |
| Apartment rentals | $1,788 | +4.1% |
| Room rentals | $853 | +6.6% |
| House rentals | $2,126 | -0.4% |
| Condo rentals | $2,312 | +65.7% |
| Land rentals | $5,000 | N/A |
Looking at the median rent price for an apartment in Frederick, MD, you can note that it remains flat with a price tag of $1,788. The median rent for a house is still $2,126 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $2,312. If you’re looking for a room, the price tag still starts at $853. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $2,313.
Rent vs Own
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