Germantown, 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 Germantown, Maryland rental market.

Germantown, Maryland

Average Apartment Rent

$2,035

Y-o-Y Change in Average
Apartment Rent

-1.8%

As of May 2026

Compared to a year ago, Germantown, Maryland apartments have recorded a -1.8% rent decrease.

Germantown, 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
Germantown $2,048 $2,020 $2,022 $2,033 $2,069 $2,051 $2,101 $2,037 $2,016
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Germantown
National
Jul 2023
$2,048
$1,741
Nov 2023
$2,020
$1,732
Mar 2024
$2,022
$1,736
Jul 2024
$2,033
$1,756
Nov 2024
$2,069
$1,749
Mar 2025
$2,051
$1,755
Jul 2025
$2,101
$1,767
Nov 2025
$2,037
$1,753
Mar 2026
$2,016
$1,750

Germantown, Maryland Average Apartment Rent

Germantown, 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 56.69%, apartments priced $1,500 - $2,000 represent the bulk of Germantown, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 5.2%.

Germantown, Maryland Housing tenure**

Renter occupied housing units 10,795
Owner occupied housing units 20,833

Renters take up 34% of Germantown, Maryland real estate, occupying a total of 10,795 units, while homeowners live in 20,833 properties.

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

4.3

Renter median household income**

$79,544

Average household size of renter-occupied housing units**

2.72

Rental vacancy rate**

2.3%

Germantown, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 285
1 bed 1,939
2 beds 5,327
3 beds 2,355
4 beds 599
5 or more beds 290

There are 5,327 rentals in Germantown, Maryland with 2 beds making up the highest share of the market, at 49%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 285 units. Overall, the median number of rooms in Germantown, Maryland homes for rent is 4.3.

Germantown, Maryland Renter-occupied units by age of householder**

15 - 24 years 393
25 - 34 years 2,448
35 - 44 years 2,748
45 - 54 years 2,284
55 - 59 years 846
60 - 64 years 960
65 - 74 years 803
75 - 84 years 234
85 years and over 79

Most condos for rent in Germantown, Maryland are occupied by residents in the 35 - 44 years age group (25%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Germantown, Maryland Renter-occupied housing units by family type**

Family households 7,266
Non-Family Households 3,529

Germantown, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 4,345
No related children of the householder under 18 6,450

A total of 7,266 apartments for rent in Germantown, Maryland, or 67% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 4,345 units. All in all, the median size of a renter-occupied household in Germantown, Maryland is 2.72.

Germantown, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 973
High school graduate (including equivalency) 1,949
Some college or associate's degree 3,440
Bachelor's degree or higher 4,433

In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Germantown, Maryland.

Germantown, Maryland Renter-occupied units by year structure built**

Built 2020 or later 62
Built 2010 - 2019 663
Built 2000 - 2009 1,886
Built 1990 - 1999 2,793
Built 1980 - 1989 3,389
Built 1970 - 1979 1,255
Built 1960 - 1969 317
Built 1950 - 1959 370
Built 1939 or earlier 60

The highest share of Germantown, Maryland apartment rentals, namely 31% or 3,389 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (26%, 2,793 units), and the ones Built 2000 - 2009 (17%, 1,886 units).

Germantown, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,192
Moved in 2018 to 2020 3,920
Moved in 2010 to 2017 4,771
Moved in 2000 to 2009 627
Moved in 1990 to 1999 278

Median year renter moved into unit 2018

Most Germantown, Maryland renters (44%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Germantown, Maryland condos for rent is 2018.

Germantown, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 1,240
1 vehicle available 5,240
2 vehicles available 3,280
3 vehicles available 753
4 or more vehicles available 282

When it comes to transportation options, 49% of Germantown, Maryland renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 11% have No vehicle available.

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

Car, truck, or van - drove alone 9,963
Car, truck, or van - carpooled 1,455
Public transportation (excluding taxicab) 1,106
Walked 230
Taxicab, motorcycle, bicycle, or other means 311
Worked at home 1,683

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

Same house as 1 year ago 22,961
Moved within same county 4,026
Moved from different county within same state 640
Moved from different state 1,012
Moved from abroad 381

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 Germantown, 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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