Chevy Chase Section Three renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Chevy Chase Section Three is about $3,501 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,646. Households in Chevy Chase Section Three have a median income of $20,833 per month so the average renter in Chevy Chase Section Three is spending roughly 17% of their earnings on housing.
Nationally, and in Chevy Chase Section Three, home values are the data point most closely correlated with the cost of rent. The median price of a home in Chevy Chase Section Three is $1,318,900 right now, which is higher than nearby cities, meaning that rents in Chevy Chase Section Three also tend to be higher versus these nearby cities.
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