Rental numbers for Frederick County, MD
The typical home here runs -$1,738 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%.
- Gross yield
- 5.3%
- typical home, Zillow
- Median ZIP yield
- 5.6%
- 9 ZIPs with full data
- Cash flow
- -$1,738/mo
- at 7.78%, 25% down
- Typical price
- $498,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,210/mo
- Zillow ZORI, Aug 2026
ZIP codes in Frederick County
23 with published figures
| 21788Thurmont | $395,000 | $2,263 | 6.9% | 3.6% | -$948 | n/a |
| 21703Frederick | $412,000 | $2,277 | 6.6% | 3.3% | -$1,073 | +1.2% |
| 21716Brunswick | $415,000 | $2,098 | 6.1% | 2.8% | -$1,257 | n/a |
| 21701Frederick | $446,000 | $2,233 | 6.0% | 2.7% | -$1,405 | +2.4% |
| 21762Union Bridge | $327,000 | $1,590* | 5.8% | 2.5% | -$1,069 | n/a |
| 21774New Market | $598,000 | $2,779 | 5.6% | 2.7% | -$1,894 | +4.7% |
| 21704Frederick | $649,000 | $2,998 | 5.5% | 2.5% | -$2,129 | +0.6% |
| 21702Frederick | $455,000 | $1,982 | 5.2% | 2.1% | -$1,675 | +2.3% |
| 21793Walkersville | $466,000 | $2,000 | 5.1% | 2.1% | -$1,678 | n/a |
| 21758Knoxville | $461,000 | $1,920* | 5.0% | 2.0% | -$1,717 | n/a |
| 21777Point of Rocks | $518,000 | $1,910* | 4.4% | 1.6% | -$2,104 | n/a |
| 21773Myersville | $551,000 | $1,890* | 4.1% | 1.4% | -$2,322 | n/a |
| 21769Middletown | $564,000 | $1,893 | 4.0% | 1.2% | -$2,461 | n/a |
| 21791Union Bridge | $447,000 | $1,490* | 4.0% | 1.1% | -$1,986 | n/a |
| 21780Sabillasville | $408,000 | $1,340* | 3.9% | 1.3% | -$1,765 | n/a |
| 21757Keymar | $458,000 | $1,480* | 3.9% | 1.1% | -$2,052 | n/a |
| 21727Emmitsburg | $373,000 | $1,190* | 3.8% | 0.8% | -$1,761 | n/a |
| 21710Adamstown | $658,000 | $2,040* | 3.7% | 1.1% | -$2,935 | n/a |
| 21770Monrovia | $661,000 | $2,040* | 3.7% | 1.1% | -$2,937 | n/a |
| 21778Rocky Ridge | $442,000 | $1,310* | 3.6% | 0.8% | -$2,095 | n/a |
| 21754Ijamsville | $689,000 | $1,970* | 3.4% | 0.9% | -$3,221 | n/a |
| 21798Woodsboro | $507,000 | $1,260* | 3.0% | 0.3% | -$2,595 | n/a |
| 21755Jefferson | $568,000 | $1,340* | 2.8% | 0.3% | -$2,922 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.1%
- Rent, 12 months
- +2.2%
- Rent minus price growth
- +2.3 pts
- Property tax
- 0.99%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $419,812 | $1,767 |
| Aug 2022 | $457,234 | $1,995 |
| Aug 2023 | $469,375 | $2,078 |
| Aug 2024 | $488,061 | $2,117 |
| Aug 2025 | $499,009 | $2,163 |
| Aug 2026 | $498,471 | $2,210 |
HUD Fair Market Rent
FY2027, Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $2,111 | $2,204 | $2,438 | $3,107 | $3,658 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 10.3
- 1,074 units, last 12 months
- National percentile
- 72th
- among US counties
Tools
Test a listing in Frederick County against today's rate.
Open the calculatorPart of the Washington, DC metro.
Questions
- Is Frederick County good for rental property?
- The typical home here runs -$1,738 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Frederick County?
- About 0.99% of value, from Census ACS median taxes paid over median home value. On a $498,000 home that is about $4,920 a year.
- What is Fair Market Rent in Frederick County?
- HUD's FY2027 Fair Market Rent here is $2,204 for a 1-bedroom, $2,438 for a 2-bedroom and $3,107 for a 3-bedroom. Typical cash flow at today's rate is -$1,738 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.