Montgomery County 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 the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Montgomery County is about $2,262 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,788. Households in Montgomery County have a median income of $10,547 per month so the average renter in Montgomery County is spending roughly 21% of their earnings on housing.
Nationally, and in Montgomery County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Montgomery County is $719,444 right now, which is higher than counties nearby, meaning that rents in Montgomery County also tend to be higher versus these nearby counties.
Higher rent prices are common in the southern parts of Montgomery County while lower rent rates are often available in southeastern areas.
Nearby Counties
- District of Columbia, DC: less expensive rent prices
- Falls Church City, VA: more expensive rent prices
- Arlington County, VA: more expensive rent prices
- Howard County, MD: less expensive rent prices
- Fairfax County, VA: more expensive rent prices
- Fairfax City, VA: more expensive rent prices
- Alexandria City, VA: less expensive rent prices
- Prince George's County, MD: less expensive rent prices
- Loudoun County, VA: less expensive rent prices
- Manassas Park City, VA: less expensive rent prices
Counties with Similar Populations
- Mecklenburg County, NC: less expensive rent prices
- St. Louis County, MO: less expensive rent prices
- Wake County, NC: less expensive rent prices
- Pima County, AZ: less expensive rent prices
- Fulton County, GA: less expensive rent prices
- Salt Lake County, UT: less expensive rent prices
- Honolulu County, HI: more expensive rent prices
- Fresno County, CA: less expensive rent prices
- Westchester County, NY: less expensive rent prices
- Contra Costa County, CA: more expensive rent prices
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