Today's View - March 31, 2020 - Frederick, Md. rentals

Dated: 03/31/2020

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Today’s View – Mar 31, 2020 – Frederick, Md. Rentals

This is a market report for rental in the Frederick, Md. Zip codes.  This covers the rentals These rentals include detached homes, townhouses, and condo apartments.

 

 At the time of this report (3/31/2020),  64 places are on the market FOR RENT, another 23 applications accepted and waiting on leases being signed, and 70 have been rented in the last 30 days.

Of those active, 3 came to market in the last week. Of those under contact, 1 has had an application accepted last week, and 9 had a lease signed.

 

One Bedroom

There are 8 one-bedroom rentals on the market currently.  These places are currently on the market for between $925 and $1,500, with the median being $1,275.  The days on market range from 2 weeks (13 days) to approaching 2.5 months (68 days), with the median being 1.5 months (49 days).

There are 2 one-bedroom waiting on a lease being signed.  These places where last listed for $1,250 being on the market for 1 month (29 days) and $1,300 after being on the market for 1.5 months (44 days).

In the last 30 days, 5 one-bedroom places have successfully completed the process.  These places rented for between $90 and $1,275, with the median being $1,100. The days on market ranged from new to the market (3 days) to 3 months (94 days), with the median being 1 month (30 days).

 

Two Bedrooms Homes

There are 18 two-bedroom rentals on the market currently.  These places are currently on the market for between $985 and $2,300, with the median being $1,400.  The days on market range from 1 week (7 days) to approaching 7 months (201 days), with the median being 1 month (30 days).

There are 4 two-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,200 to $2,300, with the median being $1,350. The days on market ranges from 1 weeks (5 days) to 1 month (31 days), with the median being 2 weeks (13 days).

In the last 30 days, 16 two-bedroom places have successfully completed the process.  These places rented for between $1,100 and $2,500, with the median being $1,400. The days on market ranged from 1 week (6 days) to approaching 4 months (111 days), with the median being 2 weeks (15 days).

 

Three Bedrooms Homes

There are 24 three-bedroom rentals on the market currently.  These places are currently on the market for between $1,400 and $2,600, with the median being $1,900.  The days on market range from 1 week (6 days) to approaching 5 months (152 days), with the median being 1 month (27 days).

There are 10 three-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,300 to $2,300, with the median being $1,575. The days on market ranges from approaching 1 week (4 days) to 3 weeks (23 days), with the median approaching 2 weeks (11 days).

In the last 30 days, 35 three-bedroom places have successfully completed the process.  These places rented for between $1,350 and $2,350, with the median being $1,800. The days on market ranged from new to the market (1 day) to 4 months (125 days), with the median being 3 weeks (21 days).

 

Four Bedroom Homes

There are 13 four-bedroom rentals on the market currently.  These places are currently on the market for between $1,550 and $2800, with the median being $2,200.  The days on market range from approaching 1 week (4 days) to 2 months (65 days), with the median being 3 weeks (21 days).

There are 4 four-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,500 to $2,400, with the median being $2,300. The days on market ranges from 1 week (9 days) to 1 month (29 days), with the median being 2 weeks (12 days).

In the last 30 days, 14 four-bedroom places have successfully completed the process.  These places rented for between $1,550 and $2,850, with the median being $2,150. The days on market ranged from new to the market (1 day) to approaching 8 months (233 days), with the median being 3 weeks (21 days).

 

Five Bedroom Homes

There is 1 five-bedroom rental on the market currently.  This places is currently on the market for between $3,950 having been on the market for 2 weeks (11 days).

There are 3 five-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $2,500 to $3,000, with the median being $2,800. The days on market ranges from 2 weeks (14 days) to 4 months (125 days), with the median being 2 weeks (17 days).

In the past 30 days, no five-bedroom place has had a lease signed.

 

If you have any questions about this report, please contact me.  I look forward to helping you with your real estate needs.  Similar posts can be found on my website talking about rental and sales in the surrounding area as well.

 

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Robert Force

Seasoned Realtor Allow me to introduce myself. I am Robert (Bob) J. Force a seasoned REALTOR® with Weichert - McKenna & Vane in Mount Airy, Md. I handle both Sales and Rentals in Frederick, Carro....

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