Apartments & Condos for Rent in Montgomery Village, MD

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What to Know About

Life in Montgomery Village & Beyond

Montgomery Village shares many of the great qualities that make Maryland a desirable place to live.

Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.

The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.

From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.

Rental Market Trends

Montgomery Village, MD

As of April 2025, Montgomery Village's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Montgomery Village's average rent is 6.6% ($123) higher than the Maryland average of $1,868 and 10.7% ($192) higher than the U.S. average of $1,799.

Average Rent
$1,991
Monthly ChangeMonth Over Month Change
Decreased2.5% ($51)
Yearly ChangeYear Over Year Change
Decreased8.9% ($195)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,700 Increased0.7% ($11) Decreased17.3% ($356)
2 Beds $1,986 Decreased5.1% ($106) Decreased17.2% ($412)
3 Beds $2,448 Decreased5% ($129) Decreased14.6% ($420)
Nearby Cities Average Rent Avg. Rent vs. Montgomery VillageAverage Rent vs. Montgomery Village Avg. Days on MarketAverage Days on Market
Gaithersburg $1,991 No change 32 days
Derwood $2,469 Increased24% ($478) 29 days
Germantown $2,164 Increased8.7% ($173) 26 days
Olney $2,510 Increased26.1% ($519) 32 days
Rockville $2,342 Increased17.6% ($351) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Montgomery Village Rental Market FAQs

Explore rental prices, market trends, and availability in Montgomery Village, MD.

The average rent in Montgomery Village, MD is $1,991 per month.
Apartments in Montgomery Village typically rent for between $1,190 and $3,182 per month, with an average of $1,991 per month.
In Montgomery Village, the average rent for a 1-bedroom apartment is $1,700 per month, for a 2-bedroom apartment, $1,986 per month, and a 3-bedroom apartment is $2,448 per month.
The average rent in Montgomery Village is 10.7% ($192) higher than the national average of $1,799 per month.
The average rent in Montgomery Village has decreased by 2.5% ($51) in the last month and decreased by 8.9% ($195) over the past year.
The rental market in Montgomery Village, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Montgomery Village, MD, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Montgomery Village, MD.
Based on the current averages, a household would need an annual income of $79,440 to comfortably afford a 2-bedroom apartment in Montgomery Village.
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