Welcome to the Apartment List August 2026 Rent Report for Germantown, MD. Currently, the overall median rent in the city stands at $1,990, after rising 0.7% last month. Prices remain down 1.5% 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.