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RE Intelligence

Rental numbers for Montgomery County, MD

The typical home here runs -$2,395 a month at 7.78% with 25% down. 0 of 27 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%.

Gross yield
4.5%
typical home, Zillow
Median ZIP yield
4.6%
27 ZIPs with full data
Cash flow
-$2,395/mo
at 7.78%, 25% down
Typical price
$611,000
Zillow ZHVI, Aug 2026
Typical rent
$2,295/mo
Zillow ZORI, Aug 2026

ZIP codes in Montgomery County

44 with published figures

20886Montgomery Village$383,000$2,5047.8%4.6%-$605+4.6%
20851Rockville$537,000$2,8496.4%3.4%-$1,380n/a
20866Burtonsville$458,000$2,3766.2%3.2%-$1,262n/a
20874Germantown$412,000$2,0486.0%2.9%-$1,235+2.7%
20871Clarksburg$625,000$2,9975.8%2.9%-$1,853n/a
20876Germantown$478,000$2,1445.4%2.5%-$1,577+0.3%
20906Silver Spring$442,000$1,9625.3%2.4%-$1,500+0.4%
20852Rockville$528,000$2,3065.2%2.3%-$1,842-1.5%
20877Gaithersburg$472,000$2,0375.2%2.2%-$1,671+1.5%
20832Olney$657,000$2,8135.1%2.3%-$2,267n/a
20879Gaithersburg$438,000$1,8375.0%2.2%-$1,572n/a
20895Kensington$798,000$3,2864.9%2.2%-$2,815n/a
20814Bethesda$743,000$2,8864.7%1.9%-$2,836+1.6%
20855Derwood$680,000$2,6214.6%1.9%-$2,574+1.1%
20902Silver Spring$536,000$2,0434.6%1.8%-$2,066+1.2%
20905Silver Spring$673,000$2,5344.5%1.8%-$2,607n/a
20841Boyds$826,000$3,100*4.5%1.8%-$3,231n/a
20880Washington Grove$623,000$2,330*4.5%1.6%-$2,506n/a
20850Rockville$677,000$2,4884.4%1.6%-$2,753+0.1%
20853Rockville$629,000$2,270*4.3%1.7%-$2,497n/a
20872Damascus$545,000$1,940*4.3%1.5%-$2,237n/a
20854Potomac$1,266,000$4,4884.3%1.7%-$5,019+5.9%
20878Gaithersburg$686,000$2,3854.2%1.5%-$2,850+1.8%
20903Silver Spring$515,000$1,7874.2%1.4%-$2,187+0.6%
20904Silver Spring$582,000$1,9304.0%1.3%-$2,494+1.7%
20901Silver Spring$587,000$1,9223.9%1.3%-$2,521+2.9%
20833Brookeville$805,000$2,530*3.8%1.2%-$3,525n/a
20837Poolesville$724,000$2,270*3.8%1.3%-$3,133n/a
20910Silver Spring$641,000$1,9743.7%1.1%-$2,860-2.8%
20868Spencerville$755,000$2,270*3.6%1.0%-$3,436n/a
20896Garrett Park$1,047,000$3,080*3.5%0.9%-$4,829n/a
20816Bethesda$1,261,000$3,5763.4%1.0%-$5,744n/a
20882Gaithersburg$791,000$2,220*3.4%0.9%-$3,700n/a
20860Sandy Spring$810,000$2,240*3.3%0.7%-$3,875n/a
20839Dickerson$664,000$1,830*3.3%1.1%-$2,977n/a
20862Brinklow$904,000$2,480*3.3%0.9%-$4,159n/a
20818Cabin John$1,236,000$3,370*3.3%1.0%-$5,675n/a
20838Barnesville$724,000$1,920*3.2%0.7%-$3,452n/a
20817Bethesda$1,278,000$3,2273.0%0.7%-$6,188+0.1%
20815Chevy Chase$1,148,000$2,7802.9%0.6%-$5,610-0.1%
20912Takoma Park$677,000$1,6102.9%0.1%-$3,592-2.2%
20812Glen Echo$1,307,000$3,080*2.8%0.5%-$6,531n/a
20842Barnesville$737,000$1,690*2.8%0.3%-$3,800n/a
20861Ashton$956,000$2,130*2.7%0.1%-$5,037n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-0.6%
Rent, 12 months
+0.2%
Rent minus price growth
+0.8 pts
Property tax
0.86%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9510010511011512020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$556,934$1,959
Aug 2022$586,294$2,125
Aug 2023$589,172$2,188
Aug 2024$608,034$2,270
Aug 2025$615,161$2,291
Aug 2026$611,206$2,295

HUD Fair Market Rent

FY2027, Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$2,111$2,204$2,438$3,107$3,658

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
7.3
2,836 units, last 12 months
National percentile
60th
among US counties

Tools

Test a listing in Montgomery County against today's rate.

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Part of the Washington, DC metro.

Questions

Is Montgomery County good for rental property?
The typical home here runs -$2,395 a month at 7.78% with 25% down. 0 of 27 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Montgomery County?
About 0.86% of value, from Census ACS median taxes paid over median home value. On a $611,000 home that is about $5,287 a year.
What is Fair Market Rent in Montgomery County?
HUD's FY2027 Fair Market Rent here is $2,204 for a 1-bedroom, $2,438 for a 2-bedroom and $3,107 for a 3-bedroom. Typical cash flow at today's rate is -$2,395 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.