5+ Days Ago
Highlights
New Construction
- Luxury plank flooring
- Walk-in closet
- Large island
- Stainless-steel appliances
- Granite countertops
- Private deck
Location
742 Compass Way, Frederick, MD 21701, USA
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Amenities for 742 Compass Way
Apartment Amenities
| Central Air | Three Floors |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Basement | Exterior Type: Advanced Framing |
| Exterior Type: Brick | Exterior Type: HardiPlank Type |
| Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
Other
| Architecture Style: Colonial | Exterior Type: Blown-In Insulation |
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
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 742 Compass Way
Property Status: Active $500 off first month's rent if you sign rental contract by Fab-15 2026 Modern 4-Bedroom Townhome in Sought-After Renn Quarter - Move-In Ready! Welcome to this beautifully designed 4-bedroom, 3.5-bath townhome at 742 Compass Way in the vibrant Renn Quarter community of Frederick. Built in 2025, this nearly 2,000 sq ft home blends modern style with comfortable living and is ready for you to move in! Step inside to find a bright, open-concept main level with luxury plank flooring, a spacious living area, and a chef's kitchen featuring stainless-steel appliances, granite countertops, a large island, and ample cabinet space. The adjoining dining area opens to a private deck - perfect for morning coffee or evening gatherings. The upper level offers a serene owner's suite with a walk-in closet and a spa-inspired bath, plus two additional bedrooms and a full hall bath. The entry-level fourth bedroom with an en-suite bath is ideal for a guest room, home office, or flex space. Other highlights include: Attached 2-car garage and driveway parking and built-in EV charger port Energy-efficient systems and smart-home features Convenient laundry on the upper level Fresh, neutral finishes throughout Maximum 2 pets (cat or dog) allowed. One time non refundable $500 pet fee is due at the lease signing . $50 /month for per pet. Living in Renn Quarter means enjoying sidewalk-lined streets, pocket parks, and future retail and dining options, all just minutes from historic downtown Frederick, I-70/I-270, and MARC Commuter train service. Close to major shopping centers, Costco, HW stores, Fort Deitrick and Hood College, and hospital. Top-rated schools and everyday conveniences are close by .Available: immediately Office Phone: (301) 439-9500 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.
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 742 Compass Way compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Zip code | 21701 |
|---|---|
| Type | House for rent |
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Rent trends in Frederick
4-bedroom apartments at 742 Compass Way cost about the same as the average rent price for 4-bedroom apartments in Frederick.
Median rents as of Feb 21 2026.
Frederick
| Month | Median Rent |
|---|---|
| March 2024 | $2,847 |
| April 2024 | $2,880 |
| May 2024 | $2,825 |
| June 2024 | $2,894 |
| July 2024 | $2,950 |
| August 2024 | $2,919 |
| September 2024 | $2,918 |
| October 2024 | $2,856 |
| November 2024 | $2,900 |
| December 2024 | $2,837 |
| January 2025 | $2,868 |
| February 2025 | $2,961 |
| March 2025 | $2,941 |
| April 2025 | $2,893 |
| May 2025 | $2,924 |
| June 2025 | $2,961 |
| July 2025 | $2,930 |
| August 2025 | $3,036 |
| September 2025 | $3,002 |
| October 2025 | $2,980 |
| November 2025 | $2,995 |
| December 2025 | $2,990 |
| January 2026 | $2,894 |
| February 2026 | $2,839 |
Affordability calculator
Can I afford to live at 742 Compass Way?
Bedrooms
4+ 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
$112,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 4-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.
Schools near 742 Compass Way
Walkersville Elementary School
83 w frederick st
walkersville, MD, 21793
PK, K-5Public
B+
Rock Creek School
55b west frederick st
walkersville, MD, 21793
PK, K-12Public
Butterfly Ridge Elementary School
601 contender way
frederick, MD, 21703
PK, K-5Public
B
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 742 Compass Way
Getting around Frederick near 742 Compass Way
Walking
6/10
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 742 Compass Way, Frederick
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Nightlife
2/10
Some bars within walking distance
Explore the area around 742 Compass Way
Giant Food
1700 Kingfisher Dr
Walmart Supercenter
2421 Monocacy Blvd
Wegmans
7830 Wormans Mill Rd
East of Market
100 Holling Dr
Weis Markets
199 Thomas Johnson Dr
Walmart Supercenter
2421 Monocacy Blvd
Shoe Fly
220 Shorebird St
Walkright Shoefly LLC
220 Shorebird St
Ultimate Bridal Challenge LLC
7820 Wormans Mill Rd
Marshalls
7840 Wormans Mill Rd
Starbucks
2407 Monocacy Blvd
Dunkin'
1800 Monocacy Blvd
Tropical Smoothie Cafe
211 Shorebird St
Dublin Roasters Coffee
1780 N Market St
Dunkin'
1560 Opossumtown Pike
Buffalo Wild Wings
210 Shorebird St
Distilled
221 Shorebird St
Showroom
882 N East St
Recovery By Discovery
1943 Timber Grove Rd
Bonefish Grill
1305 W 7th St
Walmart Bakery
2421 Monocacy Blvd
Sweet & Savory Bakery
1020 Mill Pond Rd
Pattycake Mobile
Schifferstadt BLVD
Just Baked
Lowcarb Avenue
177 Thomas Johnson Dr
California Tortilla
1700 Kingfisher Dr
Cold Stone Creamery
1700 Kingfisher Dr
Firehouse Subs
1700 Kingfisher Dr
Five Guys
1700 Kingfisher Dr
Panera Bread
1700 Kingfisher Dr
Monocacy Boulevard at Laurel Wood Way
North Frederick Shuttle
Shops at Monocacy (stop sign across from Little Gym)
North Frederick Shuttle
Riverbend Way at Riverside Way (shelter)
Walkersville Connector, North Frederick Shuttle
Shops at Monocacy at Kingfisher Drive
North Frederick Shuttle
Walmart (Frederick Trading Center)
Walkersville Connector, North Frederick Shuttle, Walkersville Meet-the-MARC Shuttle
Frederick
Brunswick - Washington
Frederick
Brunswick - Washington
Monocacy
Brunswick - Washington
Monocacy
Brunswick - Washington
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