Seneca Village
750 Clopper Rd,
Gaithersburg, MD 20878
1-3 Beds | $1,637 - $2,746
Rental Market Trends in Germantown, MD
What is the average rent in Germantown, MD?
$1,737/month
Average Rent
737 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of December 2024, the average rent in Germantown, MD is $1,737 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Germantown rent prices are 11% higher than the national average. When you rent an apartment in Germantown, you can expect to pay about $1,421 per month for a studio, $1,737 for a one-bedroom apartment, and around $2,092 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,874 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Germantown, MD?
In the past year, rent has decreased by 0.4%, which averages out to $6 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Germantown, MD
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
5%
$1,001 - $1,500/month
60%
$1,501 - $2,000/month
35%
Above $2,000/month
What salary do I need to live comfortably in Germantown, MD?
Because the average rent in Germantown is $1,737, you’ll want to make about $5,790 per month or $69,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Germantown, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Germantown, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Germantown, MD
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
4 Communities in Germantown
Grady Management, Inc.
-
51
Communities
-
12,207
Units
-
34
Cities
3 Communities in Germantown
Dreyfuss Management
-
24
Communities
-
5,978
Units
-
13
Cities
3 Communities in Germantown
UDR
-
168
Communities
-
57,718
Units
-
86
Cities
2 Communities in Germantown
Habitat America
-
31
Communities
-
4,501
Units
-
21
Cities
2 Communities in Germantown
Kay Apartment Communities
-
29
Communities
-
11,248
Units
-
17
Cities
2 Communities in Germantown
Legend Management Group
-
10
Communities
-
3,000
Units
-
9
Cities
2 Communities in Germantown
Bozzuto
-
353
Communities
-
108,640
Units
-
151
Cities
1 Community in Germantown
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.