$1,700 Per Month
- 2 Beds
- 1 Bath
- 950 Sq Ft
- Condo for Rent
700 M Heather Ridge Dr Unit 13M, Frederick, MD 21702
700 M Heather Ridge Dr Unit 13M, Frederick, MD 21702
Frequently Asked Questions
How much does it cost to rent a condo in Frederick, MD?
The median rent for a condo in Frederick, MD is $1,995 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Frederick, MD?
To comfortably afford the median rent in Frederick, MD, a household needs to earn roughly $102,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,550 per month in Frederick, MD, renters typically need to show $7,650 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Frederick, MD?
In Frederick, MD, the price-to-rent ratio is 14.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Frederick, MD are best for renting a condo?
The best neighborhood for renting in Frederick, MD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Villa Estates, Whittier, Carrollton, Frederick Heights/Overlook and South End, each with its own character and price range.
