3 Days Ago
Highlights
- Private balcony
- Modern fixtures
- Fenced-in backyard
- Granite countertops
- Original hardwood flooring
- Fully updated kitchen
Location
124 Water St, Frederick, MD 21701, USA
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Amenities for 124 Water St
Apartment Amenities
| Balcony | Carpet |
| Central Air | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Basement |
Grounds
| Outdoor Space | Three Parking Spaces |
Other
| Architecture Style: Colonial | Exterior Type: Wood Siding |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Contact for more information on pet policy.
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About 124 Water St
Property Status: Active Downtown Frederick living at its best! This stunning, completely updated 2-bedroom, 2-bathroom duplex offers modern living with all the perks of a prime downtown location. Enjoy a sophisticated, move-in-ready space featuring high-end finishes and convenient urban access. Key features: The kitchen space has been fully updated with brand-new stainless steel appliances, premium cabinetry and granite countertops. No carpet here! All original hardwood throughout except for the kitchen which features beautiful Brazilian cherry plank flooring. Both full bathrooms have been tastefully renovated with modern fixtures and tile work. A private balcony off the rear bedroom is the perfect retreat for your morning coffee. The property also includes a private, fenced-in backyard, ideal for relaxing or entertaining. Enjoy the convenience of DEDICATED OFF STREET PARKING, a coveted feature in the downtown area. The location is unbeatable for MARC train commuters (walk to the station), easy access to I-70 and other commuter routes. Explore the best of downtown living, with Carroll Creek Linear Park, top-rated restaurants, vibrant shops, and entertainment venues just a short stroll away. Applications processed securely via RentSpree. Cost is $49.99 Office Phone: (240) 815-9040 Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 124 Water St compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 186 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 21701 |
|---|---|
| Type | House for rent |
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Rent trends in Frederick
2-bedroom apartments at 124 Water St cost about 13% more than the average rent price for 2-bedroom apartments in Frederick.
Median rents as of Sep 13 2025.
Frederick
| Month | Median Rent |
|---|---|
| September 2023 | $1,851 |
| October 2023 | $1,866 |
| November 2023 | $1,876 |
| December 2023 | $1,910 |
| January 2024 | $1,892 |
| February 2024 | $1,844 |
| March 2024 | $2,062 |
| April 2024 | $2,042 |
| May 2024 | $2,037 |
| June 2024 | $2,143 |
| July 2024 | $2,102 |
| August 2024 | $2,024 |
| September 2024 | $1,993 |
| October 2024 | $1,960 |
| November 2024 | $1,941 |
| December 2024 | $1,950 |
| January 2025 | $1,929 |
| February 2025 | $1,902 |
| March 2025 | $1,892 |
| April 2025 | $1,915 |
| May 2025 | $1,979 |
| June 2025 | $2,000 |
| July 2025 | $1,941 |
| August 2025 | $1,983 |
| September 2025 | $1,963 |
Affordability calculator
Can I afford to live at 124 Water St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 124 Water St
Spring Ridge Elementary School
9051 ridgefield dr
frederick, MD, 21701
PK, K-5Public
A-
Rock Creek School
55b west frederick st
walkersville, MD, 21793
PK, K-12Public
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Internet available near 124 Water St
Getting around Frederick near 124 Water St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 124 Water St, Frederick
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
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