
Home Price Key
These days, finding an affordable place to live in the Downtown Frederick area can be challenging. Home prices in Downtown Frederick are now at a median cost of $356,593, higher than the Frederick average of $306,097.
The average cost of rent is $1,179/mo in Downtown Frederick, primarily driven by the current value of real estate in the Downtown Frederick area. While nearly 30.35% of residents own their homes outright in Downtown Frederick, 52.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Frederick is $5,583 per month. Households that rent pay about 21.11% of their income on rent here. Downtown Frederick's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Darnestown, Gaithersburg, MD: higher priced homes
- Westminster Historic District, Westminster, MD: less expensive homes
- Ashburn Village, Ashburn, VA: higher priced homes
- West End Park, Rockville, MD: higher priced homes
- Ashburn Farm, Ashburn, VA: higher priced homes
- Croydon Park, Rockville, MD: equally priced homes
- Silver Rock, Rockville, MD: higher priced homes
- Hainesville, Martinsburg, WV: less expensive homes
- Sterling Park, Sterling, VA: equally priced homes
- Berkeley, Martinsburg, WV: less expensive homes
Neighborhoods with Similar Populations
- Town of Blake, South Daytona, FL: less expensive homes
- Blanco Gardens, San Marcos, TX: less expensive homes
- Denver International Airport, Denver, CO: less expensive homes
- White Caps, Kenosha, WI: less expensive homes
- Embrey Mill, Stafford, VA: higher priced homes
- Rancho Fontana, Fontana, CA: higher priced homes
- Providence Estates East, Matthews, NC: equally priced homes
- Perry South, Pittsburgh, PA: less expensive homes
- West Lincoln, Lincoln, NE: less expensive homes
- Spring Glen, Hamden, CT: less expensive homes
All Local Stats
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