Frederick, Maryland is a part of the Frederick County Submarket submarket area, and contains 6 zip codes: 21702, 21709, 21704, 21703, 21701, and 21705.
The 2019 average effective rent for Class A, B, and C apartments in the Frederick, MD submarket area was $1,356, which is 20.11% higher than 2014 average rent. This represents a compounded annual growth rate of 3.73%. 2019 vacancy in Frederick, MD was 4.50%.
The total population of the city of Frederick, MD has grown 10.59% since 2010. As of 2018, the population was 72,146. The median household income of the Frederick was $72,088, which is 19.56% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Frederick County Submarket
$1,356
20.11%
4.50%
$72,088
72,146
10.59%
19.56%
21701 21702 21703 21704 21705 21709
Submarket Area Frederick County Submarket
Avg Rent $1,356
Rent Growth 20.11%
Vacancy 4.50%
Median Income $72,088
Population (2018) 72,146
Population Growth 10.59%
Vs. Nat’l Avg 19.56%
Zip Codes 21701 21702 21703 21704 21705 21709
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.