Average Rent in Montgomery, MD

Home  »  MD  »  Montgomery

Current Versus Historical Montgomery, MD Rents

Montgomery rentals average $1,803 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $3,040, or roughly $24 per square feet.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $2 (0.12%) year-over-year from $1,854 to $1,856. 1-bedroom rentals prices have decreased by $707 (-25.25%) year-over-year from $2,798 to $2,092. 2-bedroom rentals prices have decreased by $644 (-19.85%) year-over-year from $3,244 to $2,600. 3-bedroom rentals prices have decreased by $200 (-6.06%) year-over-year from $3,300 to $3,100. 4-bedroom rentals prices have increased by $433 (10.40%) year-over-year from $4,167 to $4,600. 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 down by 1.99% this month. 1-bedroom rents have gone down by 0.19% this month. 2-bedroom rents have gone up by 3.48% this month. 3-bedroom rents have gone up by 1.64% this month. 4-bedroom rents have gone up by 5.34% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $45.22 $1,856 $1,854 (0.12%) $1,547 (20.00%)
1 BR $32.57 $2,092 $2,798 (-25.25%) $2,012 (3.97%)
2 BR $27.55 $2,600 $3,244 (-19.85%) $2,989 (-13.00%)
3 BR $22.13 $3,100 $3,300 (-6.06%) $2,982 (3.97%)
4+ BR $20.73 $4,600 $4,167 (10.40%) $3,883 (18.45%)

Historical Rents in Montgomery, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Montgomery

There are a total of 29 cities nearby Montgomery. The average rent in Montgomery is currently $3,000 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Winchester, VA, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near Montgomery, MD is McLean, VA. Monthly rents here are on average $5,750 per month.

Let's compare Montgomery, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Montgomery, MD is 38.99% more expensive than other cities nearby. One bedrooms are about 7.36% more expensive. Two bedrooms in Montgomery, MD are about 3.57% more expensive. Finally, rent for three bedrooms are about 3.23% more affordable. Want more information? Check out the top 10 cities out of 29 total cities near Montgomery, MD in the following table.
City Studio 1 Bed 2 Bed All
Silver Spring, MD $1,675 $1,850 $2,425 $2,200
Germantown, MD $1,100 $1,725 $2,050 $2,473
Gaithersburg, MD $1,400 $1,876 $2,395 $2,800
Reston, VA N/A $2,100 $2,600 $2,850
Tysons Corner, VA $1,890 $2,235 $2,950 $3,125
Rockville, MD $1,750 $2,019 $2,850 $3,198
North Bethesda, MD $1,998 $2,100 $2,975 $3,400
Bethesda, MD $2,233 $2,610 $3,902 $3,920
Potomac, MD $1,650 $1,898 $2,625 $4,600
McLean, VA N/A $2,050 $3,900 $5,750

Top Neighborhoods Near Montgomery

There are a total of 22 neighborhoods in or near Montgomery. Some of these neighborhoods include Congress Heights, Brookland, and Van Ness - Forest Hills. We've included all of these top 22 neighborhoods in or near Montgomery, MD in the following table.

The average rent for these 22 neighborhoods in or near Montgomery, MD is currently around $2,825 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,825. Interestingly, the neighborhoods' average rent is less than Montgomery's average rent, which is actually $3,040. Out of all the neighborhoods in or near Montgomery, Congress Heights has the most affordable average rent at $1,600 per month. Whereas, at $4,475 average rent per month, Georgetown is the most expensive neighborhood in or near Montgomery. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Congress Heights, Washington, DC N/A $1,250 $1,600 $1,600
Brookland, Washington, DC $1,595 $1,591 $2,250 $2,037
Van Ness - Forest Hills, Washington, DC $1,747 $2,072 $3,200 $2,170
Southwest - Waterfront, Washington, DC $1,650 $2,100 $2,995 $2,175
Anacostia, Washington, DC $2,500 $1,425 $1,850 $2,300
Radnor - Fort Myer Heights, Arlington, VA $1,694 $2,350 $3,484 $2,300
Dupont Circle, Washington, DC $1,875 $2,700 $4,000 $2,550
Trinidad - Langston, Washington, DC N/A $1,500 $2,325 $2,599
Capitol Hill, Washington, DC $1,675 $2,045 $3,300 $2,698
Mount Vernon Square, Washington, DC $2,230 $2,600 $3,800 $2,787
Logan Circle - Shaw, Washington, DC $1,827 $2,575 $3,500 $2,800
16th Street Heights - Crestwood - Brightwood Park, Washington, DC N/A $1,850 $2,450 $2,850
Downtown - Penn Quarter - Chinatown, Washington, DC $2,163 $2,500 $3,950 $2,850
U Street - Cardozo, Washington, DC $2,000 $2,300 $3,923 $2,895
Cathedral - Wesley Heights - McLean Gardens, Washington, DC $1,818 $2,719 $4,353 $2,896
Braddock Road Metro, Alexandria, VA $1,915 $2,349 $3,190 $2,910
Foggy Bottom - GWU - West End, Washington, DC $1,950 $2,950 $4,815 $2,975
Columbia Heights, Washington, DC N/A $1,973 $3,200 $3,050
Ballston - Virginia Square, Arlington, VA $1,750 $2,577 $3,720 $3,200
Petworth, Washington, DC N/A $1,995 $2,685 $3,350
LeDroit Park - Bloomingdale, Washington, DC $1,800 $1,875 $3,200 $3,450
Georgetown, Washington, DC $1,990 $3,000 $5,000 $4,475

Top Counties Near Montgomery

There are a total of 22 counties located by Montgomery, MD. Some of these counties include Frederick, MD, Prince George's, MD, and Arlington, VA. The average rent for rentals in these counties is $2,750. That's roughly around $18 per sqft. A total of 18 counties have a lower average rent. The county that is the most affordable is Washington, MD. Its average rent per month is $1,500. Vice versa, with an average rent of $3,300, Loudoun, VA is the most expensive county by Montgomery, MD.

Typically, rent for studios in Montgomery, MD is 22.35% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Montgomery, MD is 25.54% more expensive than other counties nearby. Finally, rent for two bedrooms in Montgomery, MD is 21.41% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Frederick, MD N/A $1,550 $1,950 $2,750
Prince George's, MD $1,775 $1,750 $2,100 $2,750
Arlington, VA $1,695 $2,301 $3,200 $2,800
Alexandria, VA $1,850 $2,170 $2,850 $2,800
Prince William, VA $1,300 $1,500 $2,250 $2,950
Anne Arundel, MD $1,425 $1,975 $2,300 $2,990
Howard, MD N/A $1,575 $2,295 $3,200
Fairfax, VA $1,800 $1,980 $2,600 $3,200
Fairfax, VA N/A $1,980 $2,400 $3,300
Loudoun, VA $1,250 $1,850 $2,500 $3,300

Top Zipcodes Near Montgomery

There are a total of 45 zipcodes in or near Montgomery, MD. The average rent for all of these zipcodes is $2,964. A total of 28 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 20032, Washington, DC at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $5,400 per month is 22101, McLean, VA.

Studios in these zipcodes have an average rent of $1,650. That's at least $37 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Montgomery, MD is $2,000 per month. Or in other words, $33 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,700 per month. Which comes out to $31 per sqft. The following table includes the top 10 zipcodes in Montgomery, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
20016, Washington, DC $1,818 $2,711 $4,383 $2,964
20850, Rockville, MD $1,708 $2,025 $2,800 $3,100
20878, North Potomac, MD $1,400 $1,970 $2,375 $3,000
20852, North Bethesda, MD $1,998 $2,100 $3,375 $3,400
20001, Washington, DC $1,961 $2,450 $3,400 $3,000
20814, Bethesda, MD $2,233 $2,620 $4,077 $3,432
20002, Washington, DC $1,780 $1,850 $2,872 $2,800
20874, Montgomery County, MD $1,100 $1,713 $2,000 $2,363
22201, Arlington, VA $1,893 $2,354 $3,400 $2,744
20011, Washington, DC $1,350 $1,850 $2,400 $2,898

Frequently Asked Questions - Montgomery Average Rents

What is the average rent price in Montgomery, MD?
The average monthly rental price for Montgomery, MD apartments for rent is approximately $3,040. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Montgomery, 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 Montgomery, MD.
How much is a studio apartment in Montgomery, MD?
The average monthly rental price for studio apartments is $1,803 and an average price per square feet of $45.22. There are a total of 32 studio apartment listings currently available for rent in Montgomery.
How much is a one bedroom apartment in Montgomery, MD?
The average monthly rental price for one bedroom apartments is $2,092 and an average price per square feet of $32.57. There are a total of 264 one bedroom apartment listings currently available for rent in Montgomery.
How much is a two bedroom apartment in Montgomery, MD?
The average monthly rental price for two bedroom apartments is $2,593 and an average price per square feet of $27.55. There are a total of 318 two bedroom apartment listings currently available for rent in Montgomery.
How have rent prices in Montgomery, MD changed this year?
Rent prices for rentals in Montgomery, MD can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.25%, two bedroom rental prices have changed by -0.20%, three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in Montgomery, MD?
A reasonable rent price in Montgomery, MD is around $2,432/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast