62 Luxury Apartments for rent in Germantown, MD

Last updated January 16 at 8:30pm UTC
20232 TIDEWINDS WAY
Germantown
Germantown, MD
Updated January 13 at 1:56am UTC
3 Bedrooms
$2,100
18613 VILLAGE FOUNTAIN DRIVE
Germantown
Germantown, MD
Updated January 3 at 11:59am UTC
2 Bedrooms
$2,000
12105 ISLAND VIEW CIRCLE
Germantown
Germantown, MD
Updated January 3 at 11:57am UTC
3 Bedrooms
$1,795
18222 Smoke House Court
Germantown
Germantown, MD
Updated January 9 at 11:59am UTC
3 Bedrooms
$1,750
6 DIAMOND HILL COURT
Germantown
Germantown, MD
Updated January 3 at 11:58am UTC
3 Bedrooms
$1,800
12420 PORT HAVEN DRIVE
Germantown
Germantown, MD
Updated January 3 at 11:59am UTC
3 Bedrooms
$1,900
13383 RUSHING WATER WAY
Germantown
Germantown, MD
Updated January 3 at 11:57am UTC
3 Bedrooms
$1,850
19008 MEDITERRANEAN DRIVE
Germantown
Germantown, MD
Updated January 4 at 12:53pm UTC
3 Bedrooms
$2,150
18937 SNOW FIELDS CIRCLE
Germantown
Germantown, MD
Updated January 9 at 5:03am UTC
3 Bedrooms
$1,950
Apartment List detective logo

Keep Looking!

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

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

January 2018 Germantown Rent Report

Welcome to the January 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

January 2018 Germantown Rent Report

Welcome to the January 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 moderately over the past month

Germantown rents have declined 0.4% over the past month, and are down slightly by 0.1% in comparison to the same time last year. Currently, median rents in Germantown stand at $1,630 for a one-bedroom apartment and $1,880 for a two-bedroom. This is the fifth straight month that the city has seen rent decreases after an increase in July. Germantown's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 2.8%.

Rents rising across the DC Metro

While rent prices have decreased in Germantown 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.

  • Waldorf has seen the fastest rent growth in the metro, with a year-over-year increase of 5.0%. The median two-bedroom there costs $2,040, while one-bedrooms go for $1,770.
  • Over the past year, Rockville has seen the biggest rent drop in the metro, with a decline of 1.1%. Median two-bedrooms there cost $1,930, while one-bedrooms go for $1,670.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,390; rents went down 0.6% over the past month but rose 0.5% over the past year.
  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,470; rents decreased 0.8% over the past month but were up 1.6% over the past year.

Many large cities nationwide show more affordable rents compared to Germantown

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

  • Other cities across the state have seen rents moderately increase, with Maryland as a whole logging rent growth of 1.5% over the past year. For example, rents have grown by 2.9% in Baltimore.
  • Germantown's median two-bedroom rent of $1,880 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 0.1% decline in Germantown.
  • While rents in Germantown fell slightly over the past year, many cities nationwide saw increases, including Los Angeles (+5.4%), Seattle (+3.0%), and Atlanta (+2.2%).
  • Renters will generally find more expensive prices in Germantown than most large cities. For example, Philadelphia has a median 2BR rent of $1,160, 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 $1,310 $1,520 -0.8% -0.3%
Arlington $1,720 $1,990 -0.9% 0.9%
Alexandria $1,550 $1,790 -0.6% 0.4%
Germantown $1,630 $1,880 -0.4% -0.1%
Silver Spring $1,500 $1,740 -0.5% 1.4%
Centreville $1,570 $1,810 -1.0% -0.8%
Waldorf $1,770 $2,040 1.5% 5.0%
Frederick $1,270 $1,470 -0.8% 1.6%
Rockville $1,670 $1,930 -1.3% -1.1%
Bethesda $2,070 $2,390 -0.6% 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.