The Ivy Rockville
1699 Yale Pl,
Rockville, MD 20850
2-4 Beds | $2,700 - $3,640
Rental Market Trends in Rockville, MD
What is the average rent in Rockville, MD?
$2,009/month
Average Rent
745 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of December 2024, the average rent in Rockville, MD is $2,009 per month. This is 29% higher than the national average rent price of $1,560/month, making Rockville one of the most expensive cities in the US. When you rent an apartment in Rockville, you can expect to pay about $1,926 per month for a studio, $2,009 for a one-bedroom apartment, and around $2,545 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,808 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 Rockville, MD?
In the past year, rent has increased by 0.5%, which averages out to $11 more 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 Rockville, MD
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
83%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Rockville?
Based on current rent prices, West Rockville, Rockville Town Center and East Rockville are the most affordable neighborhoods in Rockville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Rockville?
Based on current rent prices, Central Rockville, North Potomac and East Rockville are the most expensive neighborhoods in Rockville.
Neighborhood
Average Rent
Average Sq Ft
Which Rockville neighborhoods have the most rentals available?
The neighborhoods in Rockville with the most apartments available are East Rockville, Central Rockville and West Rockville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Rockville, MD?
Because the average rent in Rockville is $2,009, you’ll want to make about $6,696 per month or $80,352 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 Rockville, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Rockville, 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.
Studio
$1,421/month
$1,842/month
One Bedroom
$1,834/month
$1,949/month
Two Bedroom
$2,415/month
$2,716/month
Three Bedroom
$2,891/month
$2,875/month
Nearby City Rent Trends
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LCOR Inc.
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Bell Partners
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257
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AvalonBay
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184
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65,411
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124
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Winn Companies
-
130
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28,025
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92
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Bernstein Management Corporation
-
27
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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.