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Rental prices in Chevy Chase Town, MD have decreased by 0.2% over the past year. The average rent moved from $2,859 to $2,853.
Compared to the national average rent of $1,743, the average rent in Chevy Chase Town, MD is $2,853.
The average monthly rent of apartments in Chevy Chase Town, MD is $2,853.
About 15% of apartment rents in Chevy Chase Town, MD range between $2,501-$3,000. Meanwhile, apartments around > $3,000 represent 40% of apartments. Around 37% of Chevy Chase’s apartments are in the $2,001-$2,500 price range. 8% of apartments are priced between $1,501-$2,000.
The largest share of rentals in Chevy Chase Town, MD (40%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
In Chevy Chase Town, 21% of the residents are renting compared to 79% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 47% of Chevy Chase Town’s rentals, 27% are small-scale complexes with under 50 units, and 26% are single-family rentals.
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