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232 Luxury Apartments for rent in Germantown, MD

Last updated September 24 at 2:24am UTC
13347 WHITECHURCH CIRCLE
Germantown
Germantown, MD
Updated September 24 at 12:19am UTC
3 Bedrooms
$1,700
12751 LONGFORD GLEN DRIVE
Germantown
Germantown, MD
Updated September 24 at 12:18am UTC
4 Bedrooms
$2,300
20227 WATERS ROW TERRACE
Germantown
Germantown, MD
Updated September 24 at 12:18am UTC
3 Bedrooms
$1,900
18910 LARK SONG TERRACE
Germantown
Germantown, MD
Updated September 23 at 12:59pm UTC
3 Bedrooms
$1,875
12977 PINNACLE DRIVE
Germantown
Germantown, MD
Updated September 23 at 12:57pm UTC
3 Bedrooms
$1,950
19705 EXECUTIVE PARK CIR #3-G
Germantown
Germantown, MD
Updated September 22 at 11:29pm UTC
Studio
$1,950
5 ROSEBAY COURT
Germantown
Germantown, MD
Updated September 22 at 3:37pm UTC
3 Bedrooms
$1,895
19804 CELEBRATION WAY
Germantown
Germantown, MD
Updated September 22 at 11:36pm UTC
3 Bedrooms
$2,150
13532 STATION STREET
Germantown
Germantown, MD
Updated September 22 at 3:36pm UTC
3 Bedrooms
$1,950
19539 FETLOCK DRIVE
Germantown
Germantown, MD
Updated September 22 at 8:59am UTC
3 Bedrooms
$1,750
20055 PLACID LAKE TERRACE
Germantown
Germantown, MD
Updated September 22 at 3:03am UTC
3 Bedrooms
$2,100
19950 LAKE PARK N
Germantown
Germantown, MD
Updated September 22 at 3:03am UTC
3 Bedrooms
$1,775
18020 CHALET DRIVE
Germantown
Germantown, MD
Updated September 22 at 3:01am UTC
2 Bedrooms
$2,000

September 2018 Germantown Rent Report

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

View full Germantown Rent Report
Rent Report
Germantown

September 2018 Germantown Rent Report

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

Germantown rents declined significantly over the past month

Germantown rents have declined 0.4% over the past month, but have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Germantown stand at $1,680 for a one-bedroom apartment and $1,940 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in June. Germantown's year-over-year rent growth leads the state average of 0.6%, but trails the national average of 1.0%.

Rents rising across the DC Metro

Throughout the past year, rent increases have been occurring not just in the city of Germantown, but across the entire metro. Of the largest 10 cities that we have data for in the DC metro, all of them have seen prices rise. 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 $1,550; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 3.8%.
  • Over the past month, Germantown has seen the biggest rent drop in the metro, with a decline of 0.4%. Median two-bedrooms there cost $1,940, while one-bedrooms go for $1,680.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,470; rents were up 0.1% over the past month and 3.0% over the past year.

Many large cities nationwide show more affordable rents compared to Germantown

As rents have increased marginally in Germantown, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Germantown is less affordable for renters.

  • While Maryland as a whole logged rent growth of 0.6% over the past year, other cities across the state have seen rents decline significantly. For example, rents have fallen by 2.1% in Baltimore.
  • Germantown's median two-bedroom rent of $1,940 is above the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 0.9% increase in Germantown.
  • While Germantown's rents rose marginally over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Chicago (-1.6%).
  • Renters will generally find more expensive prices in Germantown than most large cities. For example, Philadelphia has a median 2BR rent of $1,170, where Germantown is more than 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 $1,350 $1,560 0.4% 0.3%
Arlington $1,810 $2,100 0.4% 1.7%
Alexandria $1,590 $1,830 -0.1% 0.7%
Germantown $1,680 $1,940 -0.4% 0.9%
Silver Spring $1,530 $1,760 0.4% 1.5%
Centreville $1,640 $1,900 0.8% 0.9%
Waldorf $1,720 $1,990 0.1% 2.7%
Frederick $1,340 $1,550 -0.2% 3.8%
Rockville $1,740 $2,010 0.6% 0.3%
Bethesda $2,140 $2,470 0.1% 3.0%
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.