diff --git a/.changeset/nasty-tigers-sip.md b/.changeset/nasty-tigers-sip.md
new file mode 100644
index 0000000000..7325f6ccbb
--- /dev/null
+++ b/.changeset/nasty-tigers-sip.md
@@ -0,0 +1,5 @@
+---
+'astro': minor
+---
+
+Add content parsing helpers to imported markdown files. This exposes both the raw markdown content when using rawContent() and the parsed Astro syntax when using compiledContent()
diff --git a/packages/astro/env.d.ts b/packages/astro/env.d.ts
index d9dfe741a7..4f40def886 100644
--- a/packages/astro/env.d.ts
+++ b/packages/astro/env.d.ts
@@ -20,6 +20,8 @@ declare module '*.md' {
 	export const url: MD['url'];
 	export const getHeaders: MD['getHeaders'];
 	export const Content: MD['Content'];
+	export const rawContent: MD['rawContent'];
+	export const compiledContent: MD['compiledContent'];
 
 	const load: MD['default'];
 	export default load;
diff --git a/packages/astro/src/@types/astro.ts b/packages/astro/src/@types/astro.ts
index 31f9e98f3c..dfd85e9b08 100644
--- a/packages/astro/src/@types/astro.ts
+++ b/packages/astro/src/@types/astro.ts
@@ -753,6 +753,10 @@ export interface MarkdownInstance<T extends Record<string, any>> {
 	file: string;
 	url: string | undefined;
 	Content: AstroComponentFactory;
+	/** raw Markdown file content, excluding frontmatter */
+	rawContent(): string;
+	/** Markdown file compiled to valid Astro syntax. Queryable with most HTML parsing libraries */
+	compiledContent(): Promise<string>;
 	getHeaders(): Promise<MarkdownHeader[]>;
 	default: () => Promise<{
 		metadata: MarkdownMetadata;
diff --git a/packages/astro/src/vite-plugin-markdown/index.ts b/packages/astro/src/vite-plugin-markdown/index.ts
index b3c916bcdb..997648a6b4 100644
--- a/packages/astro/src/vite-plugin-markdown/index.ts
+++ b/packages/astro/src/vite-plugin-markdown/index.ts
@@ -82,28 +82,33 @@ export default function markdown({ config }: AstroPluginOptions): Plugin {
 				const { fileId, fileUrl } = getFileInfo(id, config);
 
 				const source = await fs.promises.readFile(fileId, 'utf8');
-				const { data: frontmatter } = matter(source);
+				const { data: frontmatter, content: rawContent } = matter(source);
 				return {
 					code: `
 						// Static
 						export const frontmatter = ${JSON.stringify(frontmatter)};
 						export const file = ${JSON.stringify(fileId)};
 						export const url = ${JSON.stringify(fileUrl)};
-
+						export function rawContent() {
+							return ${JSON.stringify(rawContent)};
+						}
+						export async function compiledContent() {
+							return load().then((m) => m.compiledContent());
+						}
 						export function $$loadMetadata() {
-							return load().then((m) => m.$$metadata)
+							return load().then((m) => m.$$metadata);
 						}
 						
 						// Deferred
 						export default async function load() {
 							return (await import(${JSON.stringify(fileId + MARKDOWN_CONTENT_FLAG)}));
-						};
+						}
 						export function Content(...args) {
-							return load().then((m) => m.default(...args))
+							return load().then((m) => m.default(...args));
 						}
 						Content.isAstroComponentFactory = true;
 						export function getHeaders() {
-							return load().then((m) => m.metadata.headers)
+							return load().then((m) => m.metadata.headers);
 						};`,
 					map: null,
 				};
@@ -171,6 +176,12 @@ ${setup}`.trim();
 
 				tsResult = `\nexport const metadata = ${JSON.stringify(metadata)};
 export const frontmatter = ${JSON.stringify(content)};
+export function rawContent() {
+	return ${JSON.stringify(markdownContent)};
+}
+export function compiledContent() {
+		return ${JSON.stringify(renderResult.metadata.html)};
+}
 ${tsResult}`;
 
 				// Compile from `.ts` to `.js`
diff --git a/packages/astro/test/astro-markdown.test.js b/packages/astro/test/astro-markdown.test.js
index 5255223164..d98dabe18c 100644
--- a/packages/astro/test/astro-markdown.test.js
+++ b/packages/astro/test/astro-markdown.test.js
@@ -1,6 +1,6 @@
 import { expect } from 'chai';
 import * as cheerio from 'cheerio';
-import { loadFixture } from './test-utils.js';
+import { loadFixture, fixLineEndings } from './test-utils.js';
 
 describe('Astro Markdown', () => {
 	let fixture;
@@ -233,4 +233,16 @@ describe('Astro Markdown', () => {
 		expect($('#target > ol > li').children()).to.have.lengthOf(1);
 		expect($('#target > ol > li > ol > li').text()).to.equal('nested hello');
 	});
+
+	it('Exposes raw markdown content', async () => {
+		const { raw } = JSON.parse(await fixture.readFile('/raw-content.json'));
+
+		expect(fixLineEndings(raw)).to.equal(`\n## With components\n\n### Non-hydrated\n\n<Hello name="Astro Naut" />\n\n### Hydrated\n\n<Counter client:load />\n<SvelteButton client:load />\n`);
+	});
+	
+	it('Exposes HTML parser for raw markdown content', async () => {
+		const { compiled } = JSON.parse(await fixture.readFile('/raw-content.json'));
+	
+		expect(fixLineEndings(compiled)).to.equal(`<h2 id="with-components">With components</h2>\n<h3 id="non-hydrated">Non-hydrated</h3>\n<Hello name="Astro Naut" />\n<h3 id="hydrated">Hydrated</h3>\n<Counter client:load />\n<SvelteButton client:load />`);
+	})
 });
diff --git a/packages/astro/test/fixtures/astro-markdown/src/pages/raw-content.json.js b/packages/astro/test/fixtures/astro-markdown/src/pages/raw-content.json.js
new file mode 100644
index 0000000000..21be533e10
--- /dev/null
+++ b/packages/astro/test/fixtures/astro-markdown/src/pages/raw-content.json.js
@@ -0,0 +1,10 @@
+import { rawContent, compiledContent } from '../imported-md/with-components.md';
+
+export async function get() {
+	return {
+		body: JSON.stringify({
+			raw: rawContent(),
+			compiled: await compiledContent(),
+		}),
+	}
+}
diff --git a/packages/astro/test/test-utils.js b/packages/astro/test/test-utils.js
index afac6e2507..01e924a78a 100644
--- a/packages/astro/test/test-utils.js
+++ b/packages/astro/test/test-utils.js
@@ -254,3 +254,7 @@ export async function cliServerLogSetup(flags = [], cmd = 'dev') {
 }
 
 export const isWindows = os.platform() === 'win32';
+
+export function fixLineEndings(str) {
+	return str.replace(/\r\n/g, '\n');
+}