171 Condos for rent in Gaithersburg, MD

Last updated May 25 at 7:03pm UTC
434 PHELPS STREET
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:03pm UTC
3 Bedrooms
$2,680
55 APPLESEED LANE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:03pm UTC
3 Bedrooms
$2,100
621 MAIN STREET
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:03pm UTC
3 Bedrooms
$2,500
248 MAIN STREET
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:02pm UTC
1 Bedroom
$1,500
208 LEAFCUP ROAD
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:02pm UTC
3 Bedrooms
$2,100
119 TIMBERBROOK LANE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:01pm UTC
2 Bedrooms
$1,700
14 INKBERRY CIRCLE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:01pm UTC
3 Bedrooms
$2,250
9701 FIELDS ROAD
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:01pm UTC
1 Bedroom
$1,500
523 BEACON HILL TERRACE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:01pm UTC
3 Bedrooms
$2,200
562 ODENDHAL AVENUE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 7:01pm UTC
3 Bedrooms
$1,950
9217 ORIOLE PLACE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 3:47pm UTC
3 Bedrooms
$1,800
18113 ROYAL BONNET CIRCLE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 3:46pm UTC
3 Bedrooms
$1,800
996 WEST SIDE DRIVE
Gaithersburg
Gaithersburg, MD
Updated May 25 at 2:48pm UTC
3 Bedrooms
$2,300
14 MIDLINE ROAD
Gaithersburg
Gaithersburg, MD
Updated May 25 at 2:41pm UTC
3 Bedrooms
$2,000
11922 DARNESTOWN ROAD
Gaithersburg
Gaithersburg, MD
Updated May 24 at 12:08pm UTC
3 Bedrooms
$2,300
92 CHEVY CHASE STREET
Gaithersburg
Gaithersburg, MD
Updated May 24 at 7:54am UTC
3 Bedrooms
$2,600
420 BLUE FLAX PLACE
Gaithersburg
Gaithersburg, MD
Updated May 24 at 7:53am UTC
4 Bedrooms
$2,750
10632 CHISHOLM LANDING TERRACE
Gaithersburg
Gaithersburg, MD
Updated May 24 at 7:52am UTC
3 Bedrooms
$2,100
18047 ROYAL BONNET CIRCLE
Gaithersburg
Gaithersburg, MD
Updated May 23 at 1:48pm UTC
3 Bedrooms
$1,700
30 CASE STREET
Gaithersburg
Gaithersburg, MD
Updated May 23 at 1:46pm UTC
3 Bedrooms
$2,800
92 PONTIAC WAY
Gaithersburg
Gaithersburg, MD
Updated May 23 at 9:28am UTC
3 Bedrooms
$1,950
19122 CLOVER MEADOW PLACE
Gaithersburg
Gaithersburg, MD
Updated May 24 at 7:54am UTC
3 Bedrooms
$2,000
7923 CORIANDER DRIVE
Gaithersburg
Gaithersburg, MD
Updated May 24 at 7:52am UTC
1 Bedroom
$1,225
39 GAS LIGHT COURT
Gaithersburg
Gaithersburg, MD
Updated May 23 at 6:15pm UTC
3 Bedrooms
$1,700
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

May 2018 Gaithersburg Rent Report

Welcome to the May 2018 Gaithersburg Rent Report. Gaithersburg rents increased over the past month. In this report, we'll evaluate trends in the Gaithersburg rental market, including comparisons to cities throughout the metro, state, and nation.

View full Gaithersburg Rent Report
Rent Report
Gaithersburg

May 2018 Gaithersburg Rent Report

Welcome to the May 2018 Gaithersburg Rent Report. Gaithersburg rents increased over the past month. In this report, we'll evaluate trends in the Gaithersburg rental market, including comparisons to cities throughout the metro, state, and nation.

Gaithersburg rents increase sharply over the past month

Gaithersburg rents have increased 1.0% over the past month, but have decreased slightly by 0.2% in comparison to the same time last year. Currently, median rents in Gaithersburg stand at $1,500 for a one-bedroom apartment and $1,730 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in February. Gaithersburg's year-over-year rent growth lags the state average of 0.7%, as well as the national average of 1.5%.

Rents rising across the DC Metro

While rent prices have decreased in Gaithersburg over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 6 of the largest 10 cities in the DC metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,520; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 4.7%.
  • Over the past year, Centreville has seen the biggest rent drop in the metro, with a decline of 1.9%. Median two-bedrooms there cost $1,860, while one-bedrooms go for $1,610.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,410; rents grew 0.8% over the past month but fell 0.5% over the past year.

Many large cities nationwide show more affordable rents compared to Gaithersburg

As rents have fallen slightly in Gaithersburg, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Gaithersburg is less affordable for renters.

  • While Maryland as a whole logged rent growth of 0.7% over the past year, other cities across the state have seen rents decline moderately. For example, rents have grown by 1.1% in Baltimore.
  • Gaithersburg's median two-bedroom rent of $1,730 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.2% decline in Gaithersburg.
  • While rents in Gaithersburg fell slightly over the past year, many cities nationwide saw increases, including Los Angeles (+2.1%), Atlanta (+1.9%), and San Francisco (+1.3%).
  • Renters will generally find more expensive prices in Gaithersburg than most large cities. For example, Philadelphia has a median 2BR rent of $1,160, where Gaithersburg is nearly one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Washington, DC $1,320 $1,520 0.1% -0.2%
Arlington $1,750 $2,020 1.2% 0.1%
Alexandria $1,560 $1,800 0.7% -0.0%
Germantown $1,650 $1,900 0.5% 0.8%
Silver Spring $1,520 $1,750 0.1% 1.9%
Centreville $1,610 $1,860 -0.1% -1.9%
Waldorf $1,710 $1,970 0.1% 3.9%
Frederick $1,320 $1,520 0.9% 4.7%
Rockville $1,710 $1,970 0.6% 0.7%
Bethesda $2,080 $2,410 0.8% -0.5%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.