Rental market snapshot for Gaithersburg, Maryland

Gaithersburg, Maryland Rental Property Market Overview

Gaithersburg, Maryland is a vibrant city located in Montgomery County. With a population of 69,101 according to the US Census in 2021, Gaithersburg is a growing community with a variety of amenities and attractions. The city is home to a diverse population, with a variety of cultures and backgrounds represented. Gaithersburg offers a variety of recreational activities, including parks, trails, and a historic downtown area. The city also boasts a thriving business district, with a variety of restaurants, shops, and entertainment venues. Gaithersburg is a great place to live, work, and play.

The average rent for an apartment in Gaithersburg is $2,117. 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 March 25, 2024

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Average monthly rent graph in Gaithersburg Maryland | Cost of Living

  • The most expensive ZIP code in Gaithersburg is 20878 with an average price of $2,250.
  • The cheapest ZIP code in Gaithersburg is 20879 with an average price of $1,816.

Gaithersburg ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
120878$2,250
220877$2,028
320886$1,964
420879$1,816

Live near Gaithersburg, Maryland's Top Sights and Attractions

Market Square is a vibrant outdoor shopping and entertainment destination located in the heart of a bustling city. It features a variety of shops, restaurants, and entertainment venues, including a movie theater, bowling alley, and ice rink. The square is surrounded by lush green spaces, making it a great spot for a leisurely stroll or a picnic. On weekends, the square comes alive with street performers, live music, and other activities.

Bohrer Park is a large outdoor recreational area located in the suburbs of Maryland. It features a variety of activities for visitors to enjoy, including a large lake for swimming and fishing, a playground, a miniature golf course, a skate park, and a variety of trails for walking, running, and biking. There is also a picnic area, a pavilion, and a concession stand. The park is a great place to spend a day outdoors with family and friends.

Griffith Park is a large public park located in Gaithersburg, Maryland. It features a variety of outdoor activities, including hiking trails, picnic areas, playgrounds, and a lake. The park also has a variety of wildlife, including deer, foxes, and birds. There are also several historic sites located within the park, such as a Civil War fort and a Revolutionary War battlefield. The park is a popular destination for locals and visitors alike, and is a great place to spend a day outdoors.

Malcolm King Park is a picturesque park located in a suburban area. It features a large lake surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. There are plenty of activities to enjoy, such as fishing, boating, and picnicking. There is also a playground and a walking path, making it a great spot for families and friends to spend time together. The park also hosts a variety of events throughout the year, such as concerts and festivals.

Muddy Branch is a scenic park located in the suburbs of Maryland. It features a variety of outdoor activities, such as hiking, biking, fishing, and picnicking. The park also has a playground, a large pond, and a boardwalk that winds through the woods. The park is surrounded by lush greenery and is a great place to relax and enjoy nature.

Kentlands Lakes is a picturesque man-made lake located in a suburban area. It is surrounded by lush greenery and features a walking path around the lake, as well as a bridge that crosses over the lake. The lake is home to a variety of wildlife, including ducks, geese, and other waterfowl. It is a popular spot for fishing, boating, and other recreational activities. The lake is also a great spot for a relaxing stroll or a picnic.

Morris Park is a large outdoor recreational area located in the suburbs of Maryland. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and sports fields. The park also offers a variety of educational programs and activities, such as nature walks, bird watching, and fishing. The park is also home to a variety of wildlife, including deer, foxes, and other small animals.

Robertson Park is a large outdoor recreation area located in a suburban area. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and sports fields. The park also has a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy the scenic views of the surrounding area from the park's observation deck.

Lake Varuna is a picturesque lake located in a suburban area. It is a popular spot for fishing, kayaking, canoeing, and paddle boating. The lake is surrounded by lush greenery and is a great spot for a peaceful stroll or a picnic. There is a dock for boats and a boat launch for those who wish to explore the lake. The lake is also home to a variety of wildlife, including ducks, geese, and other waterfowl.

Hunters Woods LP is a large outdoor park located in the suburbs of Maryland. It features a variety of activities for visitors of all ages, including walking trails, playgrounds, picnic areas, and a lake. The park also has a variety of wildlife, including birds, deer, and other animals. Visitors can also enjoy fishing, canoeing, and kayaking on the lake. The park is a great place to spend a day outdoors, enjoying nature and the beauty of the area.

Gaithersburg, Maryland area median rent change by ZIP code map

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How does Gaithersburg compare to other cities in Maryland?

citymedian price
Fallston$2,225
Gaithersburg$2,004
Bel Air$1,961
Lanham$1,899
Essex$1,850
Parkville$1,700
Perry Hall$1,695
Middle River$1,500

Average household income in Gaithersburg area graph - US Census

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The median household income in Gaithersburg in 2021 was $98,089. This represents a 20.8% change from 2011 when the median was $81,178.

#categorypercent
0Less than $10,0004.7%
1$10,000 to $14,9991.9%
2$15,000 to $19,9992.1%
3$20,000 to $24,9993.4%
4$25,000 to $29,9992.7%
5$30,000 to $34,9992.0%
6$35,000 to $39,9993.6%
7$40,000 to $44,9992.2%
8$45,000 to $49,9992.5%
9$50,000 to $59,9996.0%
10$60,000 to $74,9999.7%
11$75,000 to $99,99912.8%
12$100,000 to $124,99911.2%
13$125,000 to $149,9998.4%
14$150,000 to $199,99911.7%
15$200,000 or more15.1%

Neighborhoods in Gaithersburg

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.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

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.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Gaithersburg is $2,117.
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