Gaithersburg City, Maryland Rental Market Trends
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 Gaithersburg City, Maryland rental market.
Gaithersburg City, Maryland
Average Apartment Rent
$1,991
Y-o-Y Change in Average
Apartment Rent
-1.8%
As of March 2026
Compared to a year ago, Gaithersburg City, Maryland apartments have recorded a -1.8% rent decrease.
Gaithersburg City, Maryland Average apartment rent trend
Gaithersburg City, Maryland Average Apartment Rent
Gaithersburg City, Maryland Apartment rent ranges
At 49.58%, apartments priced $1,500 - $2,000 represent the bulk of Gaithersburg City, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.62%.
Gaithersburg City, Maryland Housing tenure**
Renters take up 49% of Gaithersburg City, Maryland real estate, occupying a total of 12,566 units, while homeowners live in 13,105 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$75,548
Average household size of renter-occupied housing units**
2.51
Rental vacancy rate**
4.3%
Gaithersburg City, Maryland Renter-occupied housing units by no. of bedrooms**
There are 5,154 rentals in Gaithersburg City, Maryland with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 227 units. Overall, the median number of rooms in Gaithersburg City, Maryland homes for rent is 3.9.
Gaithersburg City, Maryland Renter-occupied units by age of householder**
Most condos for rent in Gaithersburg City, Maryland are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Gaithersburg City, Maryland Renter-occupied housing units by family type**
Gaithersburg City, Maryland Renter-occupied housing units by the presence of own children**
A total of 7,121 apartments for rent in Gaithersburg City, Maryland, or 57% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 4,270 units. All in all, the median size of a renter-occupied household in Gaithersburg City, Maryland is 2.51.
Gaithersburg City, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 50% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Gaithersburg City, Maryland.
Gaithersburg City, Maryland Renter-occupied units by year structure built**
The highest share of Gaithersburg City, Maryland apartment rentals, namely 20% or 2,470 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (18%, 2,253 units), and the ones Built 2010 - 2019 (17%, 2,171 units).
Gaithersburg City, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Gaithersburg City, Maryland renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Gaithersburg City, Maryland condos for rent is 2018.
Gaithersburg City, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Gaithersburg City, Maryland renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 15% have No vehicle available.
Gaithersburg City, Maryland Means of transportation to work of householders living in renter-occupied housing units**
Gaithersburg City, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Gaithersburg City, 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
