Friendship Heights Village, Maryland Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Friendship Heights Village, Maryland rental market.

Friendship Heights Village, Maryland

Average Apartment Rent

$2,663

Y-o-Y Change in Average
Apartment Rent

-0.7%

As of March 2026

Compared to a year ago, Friendship Heights Village, Maryland apartments have recorded a -0.7% rent decrease.

Friendship Heights Village, Maryland Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Friendship Heights Village $2,656 $2,644 $2,559 $2,644 $2,656 $2,681 $2,732 $2,710 $2,663
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Friendship Heights Village
National
Jul 2023
$2,656
$1,735
Nov 2023
$2,644
$1,724
Mar 2024
$2,559
$1,729
Jul 2024
$2,644
$1,750
Nov 2024
$2,656
$1,743
Mar 2025
$2,681
$1,749
Jul 2025
$2,732
$1,763
Nov 2025
$2,710
$1,749
Mar 2026
$2,663
$1,750

Friendship Heights Village, Maryland Average Apartment Rent

Friendship Heights Village, Maryland Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 38.39%, apartments priced $2,000 - $2,500 represent the bulk of Friendship Heights Village, Maryland rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 10.06%.

Friendship Heights Village, Maryland Housing tenure**

Renter occupied housing units 1,618
Owner occupied housing units 1,076

Renters take up 60% of Friendship Heights Village, Maryland real estate, occupying a total of 1,618 units, while homeowners live in 1,076 properties.

Median number of rooms of renter-occupied housing units**

3.3

Renter median household income**

$120,000

Average household size of renter-occupied housing units**

1.7

Rental vacancy rate**

5.9%

Friendship Heights Village, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 291
1 bed 702
2 beds 422
3 beds 203

There are 702 rentals in Friendship Heights Village, Maryland with 1 bed making up the highest share of the market, at 43%. Units with 3 beds, on the other hand, hold the lowest percentage (13%), amounting to 203 units. Overall, the median number of rooms in Friendship Heights Village, Maryland homes for rent is 3.3.

Friendship Heights Village, Maryland Renter-occupied units by age of householder**

15 - 24 years 218
25 - 34 years 286
35 - 44 years 358
45 - 54 years 165
55 - 59 years 58
60 - 64 years 112
65 - 74 years 187
75 - 84 years 105
85 years and over 129

Most condos for rent in Friendship Heights Village, Maryland are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 years age group (18%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.

Friendship Heights Village, Maryland Renter-occupied housing units by family type**

Family households 495
Non-Family Households 1,123

Friendship Heights Village, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 252
No related children of the householder under 18 1,366

A total of 495 apartments for rent in Friendship Heights Village, Maryland, or 31% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 252 units. All in all, the median size of a renter-occupied household in Friendship Heights Village, Maryland is 1.7.

Friendship Heights Village, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 17
High school graduate (including equivalency) 108
Some college or associate's degree 114
Bachelor's degree or higher 1,379

In terms of education, renters holding bachelor degrees or higher make up 85% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Friendship Heights Village, Maryland.

Friendship Heights Village, Maryland Renter-occupied units by year structure built**

Built 2010 - 2019 21
Built 2000 - 2009 10
Built 1990 - 1999 114
Built 1980 - 1989 296
Built 1970 - 1979 501
Built 1960 - 1969 621
Built 1950 - 1959 37
Built 1940 - 1949 10

The highest share of Friendship Heights Village, Maryland apartment rentals, namely 38% or 621 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (31%, 501 units), and the ones Built 1980 - 1989 (18%, 296 units).

Friendship Heights Village, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 138
Moved in 2018 to 2020 721
Moved in 2010 to 2017 537
Moved in 2000 to 2009 187
Moved in 1990 to 1999 22
Moved in 1989 or earlier 13

Median year renter moved into unit 2018

Most Friendship Heights Village, Maryland renters (45%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Friendship Heights Village, Maryland condos for rent is 2018.

Friendship Heights Village, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 584
1 vehicle available 838
2 vehicles available 182
3 or more vehicles available 14

When it comes to transportation options, 52% of Friendship Heights Village, Maryland renters have 1 vehicle available per household, 36% of them have No vehicle available, and 11% have 2 vehicles available.

Friendship Heights Village, Maryland Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 446
Car, truck, or van - carpooled 26
Public transportation (excluding taxicab) 539
Walked 232
Taxicab, motorcycle, bicycle, or other means 25
Worked at home 466

Friendship Heights Village, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,954
Moved within same county 169
Moved from different county within same state 60
Moved from different state 405
Moved from abroad 145

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Friendship Heights Village, Maryland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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