How much does it cost to rent in Chevy Chase, MD?

As of July 2026, the median monthly rent in Chevy Chase, MD is $2,788. This figure is based on aggregated data from public sources and community-submitted rents.

Is Chevy Chase cheaper than other Maryland cities?

Chevy Chase is one of the pricier cities in Maryland, ranking #8 out of 95 cities tracked at $2,788/mo.

When was Chevy Chase rent data last updated?

Chevy Chase rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MD

Chevy Chase

Name: Average Rent Prices in Chevy Chase, MD
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 1,903·8th most expensive in Maryland·Chevy Chase rents are up 10.3% over the past year

Median rent (all units)

$2,788/mo

Year-over-Year

+10.3%

Month-over-Month

+2.0%

vs US Median

+$823

Rising (Monthly)

Be the first to discuss Chevy Chase rents ↓

Most AffordableMost Expensive

Chevy Chase · $2,788

More expensive than 87% of US cities · National median $1,965/mo

Rent Reality Score

46/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Chevy Chase's 10-year trend predicts.

Actual rent

$2,788/mo

Expected by trend

$2,735/mo

The Rent Reality Score compares today's median rent to where Chevy Chase's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,370

1 BR

$2,430

2 BR

$2,730

3 BR

$3,410

4 BR+

$4,030

Research median

$2,730/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$33,456/yr

At $2,788/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 10.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+10.3% YoY, +2.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Chevy Chase, MD is majority owner-occupied, has a large retiree population, has a median income above the national average, 95.2% of residents hold a bachelor's degree or higher.

Population

1,903

Median income

$211,765

Median age

51.5

Renters

3.7%

Age distribution

25.7%

23.3%

12.3%

32.2%

Under 1825.7%

18–346.4%

35–5423.3%

55–6412.3%

65+32.2%

Gender

51.2%

48.8%

Male51.2%

Female48.8%

Race & ethnicity

91.5%

White91.5%

Hispanic4.9%

Asian1.4%

Other2.2%

Education (25+)

95.2%

No HS diploma0.7%

HS diploma1%

Some college3%

Bachelor's+95.2%

Housing tenure

96.3%

Owner96.3%

Renter3.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Chevy Chase, MD has changed in 5 years

Rent

$1,932 → $2,788

up 44.3%

Income

$207,971 → $211,765

up 1.8%

Population

9,889 → 1,903

down 80.8%

Renter share

26% → 3.7%

-22.3 pts

Bachelor's+

87.5% → 95.2%

+7.7 pts

Median age

48 → 51.5

+3.5 yrs

Compared with 2021, rent in Chevy Chase, MD has increased by $856 per month, settling near $2,788 after starting the period at $1,932. Household income in the area moved from $207,971 to $211,765 across the same window, up 1.8% versus 2021. Rent outpaced income growth by roughly 42.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 9,889 to 1,903 between 2021 and 2024, a 80.8% change. About 3.7% of households rent today, against 26% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 87.5% to 95.2%. Reading these numbers side by side helps frame whether current listings in Chevy Chase, MD look reasonable against where the market sat half a decade ago.

Community

Discussions about Chevy Chase

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View Chevy Chase rent history (2015–2026) →

Salary vs rent

Can you afford rent in Chevy Chase on your salary?

At $2,788/mo, how Chevy Chase rent compares to typical pay (30% rule).

Registered Nurse

Avg $102,038/yr · Rent = 32.8% income

stretched

Elementary School Teacher

Avg $72,446/yr · Rent = 46.2% income

rent-burdened

Police Officer

Avg $83,452/yr · Rent = 40.1% income

rent-burdened

Software Developer

Avg $149,159/yr · Rent = 22.4% income

affordable

Lawyer

Avg $190,588/yr · Rent = 17.6% income

very comfortable

Firefighter

Avg $67,835/yr · Rent = 49.3% income

rent-burdened

Truck Driver

Avg $61,247/yr · Rent = 54.6% income

severely rent-burdened

Electrician

Avg $75,492/yr · Rent = 44.3% income

rent-burdened

By apartment size

Chevy Chase rent by bedroom count

Median rent for each apartment size in Chevy Chase. Click any size for full breakdown.

Local insights

Tips for renters in Chevy Chase

About renting in Chevy Chase, MD

Last updated: July 20, 2026

The median rent in Chevy Chase is $2,788/mo as of July 2026. A studio apartment averages $2,370/mo while a 2-bedroom runs $2,730/mo. One-bedroom apartments average $2,430/mo and 3-bedroom units go for $3,410/mo.

At 16% of local median household income ($211,765/yr), Chevy Chase ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.3% over the past year.

FAQ

Frequently asked questions

Is Chevy Chase an affordable city for renters?

Chevy Chase is considered very affordable for renters. At $2,788/mo, rent takes approximately 16% of the local median household income ($211,765/yr). The standard benchmark is 30%. Chevy Chase falls comfortably within that range.

How much income do you need to rent in Chevy Chase?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (~$54/hour full-time) to afford the median rent of $2,788/mo in Chevy Chase. The local median household income is $211,765/yr, meaning the typical Chevy Chase household meets that threshold.

Is rent going up or down in Chevy Chase?

Rent in Chevy Chase has increased 10.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Chevy Chase rent compare to other cities in Maryland?

Chevy Chase is one of the pricier cities in Maryland for rent, ranking #8 out of 95 tracked cities at $2,788/mo.

Which nearby cities are cheaper to rent in than Chevy Chase?

Several nearby cities have lower median rents than Chevy Chase ($2,788/mo): Takoma Park ($1,623/mo), Silver Spring ($1,966/mo), Washington ($2,532/mo).

What percentage of Chevy Chase residents rent vs. own?

According to Census data, approximately 3.7% of Chevy Chase households are renters, while 96.3% are owner-occupied. Chevy Chase leans toward homeownership, which can mean a smaller rental inventory.

How does Chevy Chase rent compare to the national average?

Chevy Chase's median rent of $2,788/mo is $823 (42%) above the US national median of $1,965/mo. Within Maryland, it ranks #8 out of 95 tracked cities.

Income Affordability

16%

VERY AFFORDABLE

At $2,788/mo, rent takes ~16% of Chevy Chase's median household income ($211,765/yr). The standard benchmark is 30%.

Chevy Chase 16%Benchmark 30%

State income tax2–5.75%

Run the Chevy Chase affordability calculator →

Nearby cities