How much does it cost to rent in Montgomery Village, MD?

As of July 2026, the median monthly rent in Montgomery Village, MD is $2,410. This figure is based on aggregated data from public sources and community-submitted rents.

Is Montgomery Village cheaper than other Maryland cities?

Montgomery Village is one of the pricier cities in Maryland, ranking #26 out of 95 cities tracked at $2,410/mo.

When was Montgomery Village rent data last updated?

Montgomery Village 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

Montgomery Village

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

Pop. 34,110·26th most expensive in Maryland·Montgomery Village rents are up 6.4% over the past year

Median rent (all units)

$2,410/mo

Year-over-Year

+6.4%

Month-over-Month

+0.4%

vs US Median

+$445

Stable (Monthly)

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Most AffordableMost Expensive

Montgomery Village · $2,410

More expensive than 76% of US cities · National median $1,965/mo

Rent Reality Score

52/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Montgomery Village's 10-year trend predicts.

Actual rent

$2,410/mo

Expected by trend

$2,433/mo

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

Medians by bedroom

Rent by unit size

Studio

$1,870

1 BR

$1,910

2 BR

$2,150

3 BR

$2,690

4 BR+

$3,170

Research median

$2,150/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$28,920/yr

At $2,410/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.4% YoY, +0.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Montgomery Village, MD is majority owner-occupied, has a median income above the national average, 42.8% of residents hold a bachelor's degree or higher.

Population

34,110

Median income

$95,348

Median age

37.6

Renters

32.5%

Age distribution

23%

22.9%

26.7%

13.3%

14.1%

Under 1823%

18–3422.9%

35–5426.7%

55–6413.3%

65+14.1%

Gender

50%

Male50%

Female50%

Race & ethnicity

30%

23.6%

32.5%

14.4%

White30%

Black23.6%

Hispanic32.5%

Asian14.4%

Education (25+)

22.3%

23.3%

42.8%

No HS diploma11.6%

HS diploma22.3%

Some college23.3%

Bachelor's+42.8%

Housing tenure

67.5%

32.5%

Owner67.5%

Renter32.5%

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

2023 vs 2026

How Montgomery Village, MD has changed in 5 years

Rent

$2,132 → $2,410

up 13.0%

Income

$84,362 → $95,348

up 13.0%

Population

34,489 → 34,110

down 1.1%

Renter share

34.3% → 32.5%

-1.8 pts

Bachelor's+

41.6% → 42.8%

+1.2 pts

Median age

36.8 → 37.6

+0.8 yrs

Five years ago, renters in Montgomery Village, MD paid around $2,132 a month. That figure now sits near $2,410, up 13.0% from the 2023 baseline. Household income in the area moved from $84,362 to $95,348 across the same window, up 13.0% versus 2021. Census counts show Montgomery Village, MD losing about 379 residents over the five-year window, down 1.1% on net. The renter share has eased from 34.3% to 32.5%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in Montgomery Village, MD look reasonable against where the market sat half a decade ago.

Community

Discussions about Montgomery Village

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View Montgomery Village rent history (2015–2026) →

Salary vs rent

Can you afford rent in Montgomery Village on your salary?

At $2,410/mo, how Montgomery Village rent compares to typical pay (30% rule).

Registered Nurse

Avg $102,038/yr · Rent = 28.3% income

affordable

Elementary School Teacher

Avg $72,446/yr · Rent = 39.9% income

stretched

Police Officer

Avg $83,452/yr · Rent = 34.7% income

stretched

Software Developer

Avg $149,159/yr · Rent = 19.4% income

very comfortable

Lawyer

Avg $190,588/yr · Rent = 15.2% income

very comfortable

Firefighter

Avg $67,835/yr · Rent = 42.6% income

rent-burdened

Truck Driver

Avg $61,247/yr · Rent = 47.2% income

rent-burdened

Electrician

Avg $75,492/yr · Rent = 38.3% income

stretched

By apartment size

Montgomery Village rent by bedroom count

Median rent for each apartment size in Montgomery Village. Click any size for full breakdown.

Local insights

Tips for renters in Montgomery Village

About renting in Montgomery Village, MD

Last updated: July 20, 2026

The median rent in Montgomery Village is $2,410/mo as of July 2026. A studio apartment averages $1,870/mo while a 2-bedroom runs $2,150/mo. One-bedroom apartments average $1,910/mo and 3-bedroom units go for $2,690/mo.

At 30% of local median household income ($95,348/yr), Montgomery Village ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

Is Montgomery Village an affordable city for renters?

Montgomery Village is considered moderate for renters. At $2,410/mo, rent takes approximately 30% of the local median household income ($95,348/yr). The standard benchmark is 30%. Montgomery Village slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Montgomery Village?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,410/mo in Montgomery Village. The local median household income is $95,348/yr, meaning the typical Montgomery Village household falls short of that threshold.

Is rent going up or down in Montgomery Village?

Rent in Montgomery Village has increased 6.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Montgomery Village rent compare to other cities in Maryland?

Montgomery Village is one of the pricier cities in Maryland for rent, ranking #26 out of 95 tracked cities at $2,410/mo.

Which nearby cities are cheaper to rent in than Montgomery Village?

Several nearby cities have lower median rents than Montgomery Village ($2,410/mo): Germantown ($2,137/mo), Gaithersburg ($2,187/mo).

What percentage of Montgomery Village residents rent vs. own?

According to Census data, approximately 32.5% of Montgomery Village households are renters, while 67.5% are owner-occupied. Montgomery Village leans toward homeownership, which can mean a smaller rental inventory.

How does Montgomery Village rent compare to the national average?

Montgomery Village's median rent of $2,410/mo is $445 (23%) above the US national median of $1,965/mo. Within Maryland, it ranks #26 out of 95 tracked cities.

Income Affordability

30%

MODERATE

At $2,410/mo, rent takes ~30% of Montgomery Village's median household income ($95,348/yr). The standard benchmark is 30%.

Montgomery Village 30%Benchmark 30%

State income tax2–5.75%

Run the Montgomery Village affordability calculator →

Nearby cities