RentDataNowRentDataNow
ZIP Code · MD

ZIP 20877

Pop. 38,546·Montgomery County·69th most expensive ZIP in Maryland
Median rent (all units)
$2,022/mo
Year-over-Year
-2.4%
Month-over-Month
-2.8%
vs US Median
+$57
Falling (Monthly)
Be the first to discuss 20877 rents ↓
Most AffordableMost Expensive
ZIP 20877 · $2,022
More expensive than 62% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,910
1 BR
$1,970
2 BR
$2,200
3 BR
$2,780
4 BR+
$3,260
Research median
$2,200/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
$24,264/yr
At $2,022/mo median
Location
StateMD
CountyMontgomery County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.4% YoY, -2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 20877 (Gaithersburg, MD) is majority renter-occupied, has a median income above the national average, 33.4% of residents hold a bachelor's degree or higher.

Population
38,546
Median income
$92,800
Median age
36.8
Renters
56.9%
Age distribution
25%
21.8%
28.2%
14.7%
Under 1825%
18–3421.8%
35–5428.2%
55–6410.2%
65+14.7%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
21.4%
15.6%
48.4%
13.4%
White21.4%
Black15.6%
Hispanic48.4%
Asian13.4%
Other1.2%
Education (25+)
25.6%
20.6%
20.4%
33.4%
No HS diploma25.6%
HS diploma20.6%
Some college20.4%
Bachelor's+33.4%
Housing tenure
43.1%
56.9%
Owner43.1%
Renter56.9%

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

2021 vs 2026

How ZIP 20877 in Gaithersburg, MD has changed in 5 years

Rent
$1,664 → $2,022
up 21.5%
Income
$77,264 → $92,800
up 20.1%
Population
37,094 → 38,546
up 3.9%
Renter share
56.9% → 56.9%
+0.0 pts
Bachelor's+
37.1% → 33.4%
-3.7 pts
Median age
37.6 → 36.8
-0.8 yrs

Since 2021, the typical rent in ZIP 20877 in Gaithersburg, MD has climbed from $1,664 to $2,022, a 21.5% change over five years. Local incomes tracked alongside that move, going from a median of $77,264 in 2021 to $92,800 more recently. The population has grown by 3.9% since 2021, moving from about 37,094 residents to roughly 38,546. College-educated residents now make up 33.4% of adults here, versus 37.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 20877 in Gaithersburg, MD market of 2021.

Community

Discussions about ZIP 20877

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 20877

About renting in ZIP 20877

Last updated: July 20, 2026

ZIP code 20877 covers Gaithersburg, MD. The median rent here is $2,022/mo as of July 2026. A 1-bedroom rents for a median of $1,970/mo. A 2-bedroom rents for a median of $2,200/mo.

At 26% of local median household income ($92,800/yr), ZIP 20877 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 20877?

As of July 20, 2026, the median monthly rent in ZIP 20877 (Gaithersburg, MD) is $2,022. This is based on aggregated data from public sources and community submissions.

How does ZIP 20877 rent compare to the US average?

ZIP 20877's median rent of $2,022/mo is $57 (3%) above the US national median of $1,965/mo.

How does ZIP 20877 compare to other ZIPs in Maryland?

ZIP 20877 falls in the middle range for Maryland, ranking #69 out of 140 ZIPs at $2,022/mo.

How much income do you need to rent in ZIP 20877?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,022/mo in ZIP 20877. The local median household income is $92,800/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 20877?

Rent in ZIP 20877 has decreased 2.4% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 20877 an affordable place to rent?

ZIP 20877 is considered affordable for renters. At $2,022/mo, rent takes approximately 26% of the local median household income ($92,800/yr). The standard benchmark is 30%. ZIP 20877 falls comfortably within that range.

What percentage of ZIP 20877 residents rent vs. own?

According to Census data, approximately 56.9% of ZIP 20877 households are renters, while 43.1% are owner-occupied. With a majority renter population, ZIP 20877 has a strong rental market.

How does ZIP 20877 compare to the rest of Gaithersburg?

ZIP 20877 is more affordable than Gaithersburg overall. At $2,022/mo, it's $165 below the Gaithersburg citywide median of $2,187/mo.

When was rent data for ZIP 20877 last updated?

Rent data for ZIP 20877 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,022/mo, rent takes ~26% of ZIP 20877's median household income ($92,800/yr). The standard benchmark is 30%.

ZIP 20877 26%Benchmark 30%
State income tax2–5.75%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 20877 (Gaithersburg, MD)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.