North Potomac, 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 North Potomac, Maryland rental market.
North Potomac, Maryland
Average Apartment Rent
$1,988
Y-o-Y Change in Average
Apartment Rent
-1.8%
As of March 2026
Compared to a year ago, North Potomac, Maryland apartments have recorded a -1.8% rent decrease.
North Potomac, Maryland Average apartment rent trend
North Potomac, Maryland Average Apartment Rent
North Potomac, Maryland Apartment rent ranges
At 49.8%, apartments priced $1,500 - $2,000 represent the bulk of North Potomac, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.6%.
North Potomac, Maryland Housing tenure**
Renters take up 17% of North Potomac, Maryland real estate, occupying a total of 1,401 units, while homeowners live in 6,871 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$131,513
Average household size of renter-occupied housing units**
3.03
Rental vacancy rate**
6.8%
North Potomac, Maryland Renter-occupied housing units by no. of bedrooms**
There are 424 rentals in North Potomac, Maryland with 2 beds making up the highest share of the market, at 30%. Units with 5 or more beds, on the other hand, hold the lowest percentage (9%), amounting to 123 units. Overall, the median number of rooms in North Potomac, Maryland homes for rent is 4.8.
North Potomac, Maryland Renter-occupied units by age of householder**
Most condos for rent in North Potomac, Maryland are occupied by residents in the 45 - 54 years age group (34%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.
North Potomac, Maryland Renter-occupied housing units by family type**
North Potomac, Maryland Renter-occupied housing units by the presence of own children**
A total of 868 apartments for rent in North Potomac, Maryland, or 62% of all rentals are family households. Additionally, 50% of rental homes include children under the age of 18 – that’s 706 units. All in all, the median size of a renter-occupied household in North Potomac, Maryland is 3.03.
North Potomac, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 74% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in North Potomac, Maryland.
North Potomac, Maryland Renter-occupied units by year structure built**
The highest share of North Potomac, Maryland apartment rentals, namely 33% or 464 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (27%, 376 units), and the ones Built 1980 - 1989 (25%, 346 units).
North Potomac, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most North Potomac, Maryland renters (48%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their North Potomac, Maryland condos for rent is 2018.
North Potomac, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of North Potomac, Maryland renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 18% have No vehicle available.
North Potomac, Maryland Means of transportation to work of householders living in renter-occupied housing units**
North Potomac, 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 North Potomac, 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
