Welcome to the Apartment List May 2026 Rent Report for Germantown, MD. Currently, the overall median rent in the city stands at $1,918, after rising 0.8% last month. Prices remain down 4.1% year-over-year. Read on to learn more about what’s been happening in the Germantown rental market and how it compares to trends throughout the broader Washington metro area and the nation as a whole.