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Average Rent in Germantown, MD

Home  »  MD  »  Germantown  »  Germantown

Current Versus Historical Germantown, MD Rents

Germantown rentals average $0 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $2,292 (99.28%) year-over-year from $2,308 to $4,600. 1-bedroom rentals prices have decreased by $580 (-24.89%) year-over-year from $2,329 to $1,749. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,984 to $2,984. 3-bedroom rentals prices have decreased by $1,842 (-41.51%) year-over-year from $4,437 to $2,595. 4-bedroom rentals prices have decreased by $183 (-6.80%) year-over-year from $2,683 to $2,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 72.50% this month. 1-bedroom rents have gone down by 15.87% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 32.12% this month. 4-bedroom rents have gone down by 12.27% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.38 $1,749 $2,329 (-24.89%) $1,763 (-0.78%)
2 BR $1.83 $2,984 $2,984 (0.00%) $2,095 (42.46%)
3 BR $1.85 $2,595 $4,437 (-41.51%) $2,829 (-8.27%)
4+ BR $1.98 $2,500 $2,683 (-6.80%) $2,218 (12.74%)

Historical Rents in Germantown, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Germantown

There are a total of 1 cities nearby Germantown. The average rent in Germantown is currently $2,100 per month. Only one city nearby has an average rent lower than that. Our records show that Germantown, MD, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Germantown, MD is Germantown, MD. Monthly rents here are on average $2,100 per month.

Let's compare Germantown, MD's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Germantown, MD are on par with the other cities nearby. Finally, rent for three bedrooms are about 0.92% more affordable. Want more information? Check out the top 1 cities near Germantown, MD in the following chart.
City Studio 1 Bed 2 Bed All
Germantown, MD N/A $1,716 $2,000 $2,100

Top Neighborhoods Near Germantown



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Germantown

The average rent for rentals in these counties is $2,750. That's roughly around $2 per sqft. The county that is the most affordable is Montgomery, MD. It's average rent per month is $2,750. Vice versa, with an average rent of $2,750, Montgomery, MD is the most expensive county by Germantown, MD.

Typically, rent for studios in Germantown, MD is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Germantown, MD is 23.08% more affordable than other counties nearby. Finally, rent for two bedrooms in Germantown, MD is 31.13% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Montgomery, MD $1,952 $2,112 $2,623 $2,750

Top Zipcodes Near Germantown

There is one zipcode in or near Germantown, MD. The average rent for this zipcode is $2,017.

The following chart includes the zipcode in or near Germantown, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
20874, Montgomery County, MD N/A $1,732 $2,000 $2,017

Frequently Asked Questions - Germantown Average Rents

What is the average rent price in Germantown, MD?
The average monthly rental price for Germantown, MD apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Germantown, MD rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Germantown, MD.
How much is a studio apartment in Germantown, MD?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Germantown.
How much is a one bedroom apartment in Germantown, MD?
The average monthly rental price for one bedroom apartments is $1,716 and an average price per square feet of $2.38. There are a total of 6 one bedroom apartment listings currently available for rent in Germantown.
How much is a two bedroom apartment in Germantown, MD?
The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $1.83. There are a total of 29 two bedroom apartment listings currently available for rent in Germantown.
How have rent prices in Germantown, MD changed this year?
Rent prices for rentals in Germantown, MD can fluctuate yearly. Specifically, studio rental prices have changed by 0.99%, one bedroom rental prices have changed by -0.25%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.42% year-over-year.
What is a reasonable rent price in Germantown, MD?
A reasonable rent price in Germantown, MD is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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