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housing costs · Maryland

Housing costs in Montgomery County

What it costs to live here: rent, home values and the share of income rent takes.

FIPS 24031SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/md/montgomery-county/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$2,068± $20evidence →
2019–2023$2,030± $20evidence →
2018–2022$1,957± $16evidence →
2017–2021$1,844± $11evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$640,300± $5,098evidence →
2019–2023$615,200± $4,334evidence →
2018–2022$588,900± $3,935evidence →
2017–2021$508,600± $5,710evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202430.8 %± 0.6 %evidence →
2019–202330.9 %± 0.6 %evidence →
2018–202230.2 %± 0.6 %evidence →
2017–202130.3 %± 0.6 %evidence →

In context

Median rent in Montgomery County is $2,068, above the Maryland median of $1,402 across 24 counties (2020–2024).

American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.