Rental market snapshot for Cheverly, Maryland

Cheverly, Maryland Rental Property Market Overview

Cheverly, Maryland is a small town located in Prince George's County with a population of 6,076 as of 2021, according to the US Census. It is a suburban community located just outside of Washington, D.C. and is known for its quiet, family-friendly atmosphere. The town is home to a variety of parks, restaurants, and shops, making it a great place to live and visit.

The average rent for an apartment in Cheverly is $1,380. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated October 27, 2023

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Average monthly rent graph in Cheverly Maryland | Cost of Living

  • The most expensive ZIP code in Cheverly is 20785 with an average price of $2,114.
  • The cheapest ZIP code in Cheverly is 20784 with an average price of $1,844.

Cheverly ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
120785$2,114
220784$1,844

Live near Cheverly, Maryland's Top Sights and Attractions

Cheverly Euclid Street Neighborhood Park is a beautiful outdoor space located in a residential area. It features a large grassy area perfect for picnics and games, as well as a playground with swings and slides. There are also two tennis courts, a basketball court, and a walking path. The park is well-maintained and provides a great place for families to spend time together.

Jesse J Warr Jr Park Building is a historic building located in a small town in Maryland. It was built in the early 20th century and is a two-story brick building with a gable roof. The building features a large central hall with a stage and balcony, as well as a kitchen and several smaller rooms. The building is used for a variety of events, including concerts, plays, and other community gatherings. It is a popular destination for locals and visitors alike, and is a great place to explore the history of the town.

Cheverly East Park is a popular outdoor destination located in Maryland. It features a large playground with swings, slides, and a climbing wall, as well as a basketball court, tennis court, and a picnic area. The park also has a walking trail that winds through the woods, providing a peaceful and scenic escape from the hustle and bustle of everyday life. The park is well-maintained and provides a great place for families to spend time together outdoors.

Cheverly Euclid Street Park is a popular outdoor destination for locals and visitors alike. This park features a large playground, basketball court, tennis court, and a picnic area with grills. There is also a walking trail that winds through the park, providing a peaceful and scenic escape. The park is well-maintained and provides a great place to relax and enjoy the outdoors.

Town Park is a large, lush green space located in a residential area. It features a playground, picnic areas, a walking path, and a large pond with a fountain. The park also has a variety of trees, shrubs, and flowers, making it a great place to relax and enjoy nature. There is a gazebo and a pavilion for special events, and the park is open to the public year-round.

Boyd Park & Walking Trail is a scenic outdoor attraction located in a suburban area. It features a large, lush green space with a winding walking trail that meanders through the park. The trail is lined with trees and other foliage, providing plenty of shade and a peaceful atmosphere. The park also features a playground, picnic areas, and a basketball court. It is a great place to spend an afternoon with family and friends, enjoying the fresh air and natural beauty of the area.

Cheverly, Maryland area median rent change by ZIP code map

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How does Cheverly compare to other cities in Maryland?

citymedian price
Potomac$3,925
North Bethesda$2,395
District Heights$2,125
Towson$1,945
Oxon Hill$1,734
Rosedale$1,695
Taneytown$1,595

Average household income in Cheverly area graph - US Census

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The median household income in Cheverly in 2021 was $106,732. This represents a 24.5% change from 2011 when the median was $85,720.

#categorypercent
0Less than $10,0006.4%
1$10,000 to $14,9990.4%
2$15,000 to $19,9993.6%
3$20,000 to $24,9992.6%
4$25,000 to $29,9992.0%
5$30,000 to $34,9991.6%
6$35,000 to $39,9992.3%
7$40,000 to $44,9992.5%
8$45,000 to $49,9991.4%
9$50,000 to $59,9992.7%
10$60,000 to $74,9994.5%
11$75,000 to $99,99920.9%
12$100,000 to $124,99912.3%
13$125,000 to $149,9997.0%
14$150,000 to $199,99918.4%
15$200,000 or more11.5%

Neighborhoods in Cheverly

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

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As of September, the average rent in Cheverly is $1,380.
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