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Highlights

  • New Construction

Location

240 Monroe Ave, Frederick, MD 21701, USA

Tour 240 Monroe Ave

Contact

Chris D Masters

McWilliams/Ballard Inc.

(202) 360-2426

Amenities for 240 Monroe Ave

Features

Three Floors

Community

Exterior Type: BrickExterior Type: Frame

Grounds

Garage Parking

Services

On-Site Management

Other

Exterior Type: Vinyl SidingHeat Pump Heating
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 240 Monroe Ave

HomeHouses in Frederick 240 Monroe Ave, Frederick, MD 21701, USA

Property Status: Active Brand new collection of spacious THREE LEVEL 3-bedroom rental townhomes in historic Frederick, Maryland ready for IMMEDIATE move-in! Featuring modern, multi-story townhome residences, Foundry at Renn Quarter offers bright, airy layouts, chef's kitchens, and luxurious finishes throughout all just moments from Downtown Frederick and Ft. Detrick. Townhome Features Include: Multi-Story Layouts Bright & Open Spaces 3 Bedrooms | 2.5 Baths Office/Den Space Chef's Kitchens Stainless Steel ENERGY STAR Appliances Community Amenities Include: Onsite Professional Management lubhouse Pickleball Court Bark Park Fire Pit Creative Playscapes & Gathering Places Dynamic Trails Office Phone: (202) 360-2426 Copyright © 2026 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.


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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 240 Monroe Ave compares to other nearby properties.

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from high schools
The nearest high school is farther than 2 miles away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

Address details

Zip code21701
TypeHouse for rent

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Rent trends in Frederick

3-bedroom apartments at 240 Monroe Ave cost about 9% more than the average rent price for 3-bedroom apartments in Frederick.

Median rents as of May 30 2026.
Frederick
A table of 3-bedroom apartment rental data trends in Frederick
MonthMedian Rent
June 2024$2,680
July 2024$2,600
August 2024$2,539
September 2024$2,500
October 2024$2,498
November 2024$2,442
December 2024$2,471
January 2025$2,500
February 2025$2,516
March 2025$2,542
April 2025$2,653
May 2025$2,693
June 2025$2,648
July 2025$2,680
August 2025$2,620
September 2025$2,607
October 2025$2,583
November 2025$2,592
December 2025$2,600
January 2026$2,600
February 2026$2,599
March 2026$2,622
April 2026$2,642
May 2026$2,633

Affordability calculator

Can I afford to live at 240 Monroe Ave?

Bedrooms

3 bedrooms

Rent-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

$114,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $114,400 annually to afford this 3-bedrooms monthly rent price of $2,860.
For more information on rent affordability, visit our rent calculator.

Schools near 240 Monroe Ave

Spring Ridge Elementary School

9051 ridgefield dr

frederick, MD, 21701

PK, K-5Public
A-

Butterfly Ridge Elementary School

601 contender way

frederick, MD, 21703

PK, K-5Public
B

Rock Creek School

55b west frederick st

walkersville, MD, 21793

PK, K-12Public

Blue Heron Elementary

7100 eaglehead dr

new market, MD, 21774

K-5Public
A-

Sugarloaf Elementary School

3400 stone barn dr

frederick, MD, 21704

K-5Public
A
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Internet available near 240 Monroe Ave

Getting around Frederick near 240 Monroe Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 240 Monroe Ave, Frederick

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

1/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 240 Monroe Ave

FDK Groceries
430 E Patrick St
109 North Market LLC
113 S Market St
Costco Wholesale
10 Monocacy Blvd
East of Market
100 Holling Dr
Walmart Supercenter
7400 Guilford Dr

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