The Most and Least Expensive Areas to Rent in Montgomery Village, MD

Montgomery Village 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.

 

Montgomery Village, MD of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Montgomery Village is about $1,881 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $1,646. Households in Montgomery Village have a median income of $7,938 per month so the average renter in Montgomery Village is spending roughly 24% of their earnings on housing.

Nationally, and in Montgomery Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Montgomery Village is $308,266 right now, which is lower than nearby cities, meaning that rents in Montgomery Village also tend to be lower versus these nearby cities.

Higher rent prices are common in the eastern parts of Montgomery Village while lower rent rates are often available in southwestern areas.

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