Germantown, MD Rental Market Trends
The average rent for an apartment in Germantown is $1,553, a 3% increase compared to the previous year, when the average rent was $1,501.
Average Rent in Germantown, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,553||3%||944 sq. ft.|
The average size for a Germantown, MD apartment is 944 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Germantown, MD Apartment Rent Ranges
- > $2,0005%
Germantown, MD Occupied Housing Units
- Renter-occupied Households26%
- Owner-occupied Households73%
8,062 or 26% of the households in Germantown, MD are renter-occupied while 22,873 or 73% are owner-occupied.
Germantown, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Germantown Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Germantown rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!