Rent in New Market, MD
A 2-bedroom in New Market, MD (ZIP 21774) typically rents for about $2,791 a month, with a range of $2,622–$2,960. Owner-occupied homes in Frederick County pay about 0.99% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $2,560 | $2,111–$2,560 | 1 |
| 1 bed | $2,303 | $1,925–$2,680 | 1 |
| 2 beds | $2,791 | $2,622–$2,960 | 1 |
| 3 beds | $3,211 | $2,652–$3,770 | 1 |
| 4 beds | $4,440 | $3,658–$4,440 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
New Market ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in New Market, MD?
- About $2,791 a month: the median of the typical rents in 1 ZIP code, which range from $2,622–$2,960. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in New Market, MD?
- About $2,303 a month: the median of the typical rents in 1 ZIP code, which range from $1,925–$2,680. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in New Market, MD?
- About $3,211 a month: the median of the typical rents in 1 ZIP code, which range from $2,652–$3,770. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in New Market, MD?
- About $2,560 a month: the median of the typical rents in 1 ZIP code, which range from $2,111–$2,560. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in New Market, MD?
- About $4,440 a month: the median of the typical rents in 1 ZIP code, which range from $3,658–$4,440. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in New Market, MD?
- Owner-occupied homes in Frederick County pay a typical 0.99% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these New Market rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).