Germantown, MD Rental Market Trends
What is the average rent in Germantown?
The average rent for an apartment in Germantown is $1,711, a 10% increase compared to the previous year, when the average rent was $1,553.
Average Rent in Germantown, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,711||10%||944 sq. ft.|
What is the average apartment size in Germantown?
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
Germantown, MD Occupied Housing Units
8,098 or 26% of the households in Germantown, MD are renter-occupied while 22,701 or 73% are owner-occupied.
Germantown, MD Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Sep / 2021|
How Germantown Compares to Other Cities
|Average Rent||Y-o-Y Change|