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ZIP Code · MD

ZIP 20815

Pop. 30,505·Montgomery County·10th most expensive ZIP in Maryland
Median rent (all units)
$2,793/mo
Year-over-Year
+9.2%
Month-over-Month
+0.8%
vs US Median
+$828
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 20815 · $2,793
More expensive than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,330
1 BR
$2,400
2 BR
$2,680
3 BR
$3,380
4 BR+
$3,980
Research median
$2,680/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
$33,516/yr
At $2,793/mo median
Location
StateMD
CountyMontgomery County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.2% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 20815 (Chevy Chase, MD) is majority owner-occupied, has a large retiree population, has a median income above the national average, 84.7% of residents hold a bachelor's degree or higher.

Population
30,505
Median income
$194,971
Median age
46.2
Renters
33.7%
Age distribution
21.8%
14.6%
25.1%
13.5%
25%
Under 1821.8%
18–3414.6%
35–5425.1%
55–6413.5%
65+25%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
71.4%
White71.4%
Black7.3%
Hispanic9%
Asian8.6%
Other3.8%
Education (25+)
84.7%
No HS diploma3.2%
HS diploma4.3%
Some college7.8%
Bachelor's+84.7%
Housing tenure
66.3%
33.7%
Owner66.3%
Renter33.7%

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

2021 vs 2026

How ZIP 20815 in Chevy Chase, MD has changed in 5 years

Rent
$2,030 → $2,793
up 37.6%
Income
$175,053 → $194,971
up 11.4%
Population
31,235 → 30,505
down 2.3%
Renter share
35.4% → 33.7%
-1.7 pts
Bachelor's+
87% → 84.7%
-2.3 pts
Median age
46.8 → 46.2
-0.6 yrs

Compared with 2021, rent in ZIP 20815 in Chevy Chase, MD has climbed by $763 per month, settling near $2,793 after starting the period at $2,030. Household income in the area moved from $175,053 to $194,971 across the same window, up 11.4% versus 2021. Rent outpaced income growth by roughly 26.2 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 31,235 to 30,505 between 2021 and 2024, a 2.3% change. About 33.7% of households rent today, against 35.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 87% to 84.7%. Reading these numbers side by side helps frame whether current listings in ZIP 20815 in Chevy Chase, MD look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 20815

Last updated: July 20, 2026

ZIP code 20815 covers Chevy Chase, MD. The median rent here is $2,793/mo as of July 2026. A 1-bedroom rents for a median of $2,400/mo. A 2-bedroom rents for a median of $2,680/mo.

At 17% of local median household income ($194,971/yr), ZIP 20815 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 20815?

As of July 20, 2026, the median monthly rent in ZIP 20815 (Chevy Chase, MD) is $2,793. This is based on aggregated data from public sources and community submissions.

How does ZIP 20815 rent compare to the US average?

ZIP 20815's median rent of $2,793/mo is $828 (42%) above the US national median of $1,965/mo.

How does ZIP 20815 compare to other ZIPs in Maryland?

ZIP 20815 is one of the pricier ZIP codes in Maryland, ranking #10 out of 140 ZIPs tracked at $2,793/mo.

How much income do you need to rent in ZIP 20815?

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 $2,793/mo in ZIP 20815. The local median household income is $194,971/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 20815?

Rent in ZIP 20815 has increased 9.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 20815 an affordable place to rent?

ZIP 20815 is considered very affordable for renters. At $2,793/mo, rent takes approximately 17% of the local median household income ($194,971/yr). The standard benchmark is 30%. ZIP 20815 falls comfortably within that range.

What percentage of ZIP 20815 residents rent vs. own?

According to Census data, approximately 33.7% of ZIP 20815 households are renters, while 66.3% are owner-occupied. ZIP 20815 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 20815 compare to the rest of Chevy Chase?

ZIP 20815 is pricier than Chevy Chase as a whole. At $2,793/mo, it's $5 above the Chevy Chase citywide median of $2,788/mo.

When was rent data for ZIP 20815 last updated?

Rent data for ZIP 20815 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $2,793/mo, rent takes ~17% of ZIP 20815's median household income ($194,971/yr). The standard benchmark is 30%.

ZIP 20815 17%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 20815 (Chevy Chase, MD)

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