What is the rental vacancy rate in Montgomery Village, MD?
The rental vacancy rate in Montgomery Village, MD is 2.5% (±1.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.0% (±1.0 points).
551 (±233) homes, 4.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Montgomery Village, the rental vacancy rate went from 3.0% in 2015–2019 to 2.5% in 2020–2024 (−0.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 2.5% (±1.5 points)
- Homeowner vacancy rate
- 1.0% (±1.0 points)
- Vacant homes
- 551 (±233)
Vacancy in Montgomery Village against Montgomery County, its state and the nation
| Montgomery Village | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.5% (±1.5 points) | 3.7% (±0.5 points) | 4.7% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.0% (±1.0 points) | 0.7% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 551 (±233) | 17,321 (±1,384) | 197,856 (±3,980) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Montgomery Village, the rental vacancy rate is not measurably different from Montgomery County (3.7%).
It is also lower than in Maryland (4.7%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Montgomery Village
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Montgomery Village | — | 2.5% (±1.5 points) | — |
| Flower Hill | 1.8 mi | 2.6% (±3.9 points) | Not measurably different |
| Gaithersburg | 2.8 mi | 3.4% (±1.7 points) | Not measurably different |
| Germantown | 3.3 mi | 1.4% (±1.1 points) | Not measurably different |
| Washington Grove | 3.7 mi | 0.0% (±100.0 points) | Not measurably different |
| Laytonsville | 4.0 mi | 0.0% (±67.8 points) | Not measurably different |
| Clarksburg | 4.0 mi | 3.3% (±5.2 points) | Not measurably different |
| Redland | 5.0 mi | 1.6% (±2.6 points) | Not measurably different |
| Damascus | 5.7 mi | 0.0% (±7.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Montgomery County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 21 | Gaithersburg | 3.4% (±1.7 points) |
| 22 (tie) | Clarksburg | 3.3% (±5.2 points) |
| 22 (tie) | Kensington | 3.3% (±5.1 points) |
| 24 (tie) | Glenmont | 3.2% (±3.7 points) |
| 24 (tie) | Rockville | 3.2% (±1.3 points) |
| 26 | Flower Hill | 2.6% (±3.9 points) |
| 27 (tie) | Montgomery Village | 2.5% (±1.5 points) |
| 27 (tie) | Potomac | 2.5% (±2.3 points) |
| 29 | Redland | 1.6% (±2.6 points) |
| 30 | White Oak | 1.5% (±1.2 points) |
| 31 | Germantown | 1.4% (±1.1 points) |
| 32 | Wheaton | 1.3% (±1.1 points) |
| 33 | Cloverly | 0.9% (±1.7 points) |
Showing 13 of 58 places in Montgomery County, ranked from highest to lowest.
Montgomery Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Montgomery Village
Is it hard to find a rental in Montgomery Village?
The rental vacancy rate in Montgomery Village, MD is 2.5% (±1.5 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Montgomery Village tighter than it was?
In Montgomery Village, the rental vacancy rate went from 3.0% in 2015–2019 to 2.5% in 2020–2024 (−0.5 percentage points), not a measurable change.
How many homes are vacant in Montgomery Village?
An estimated 551 (±233) housing units, 4.3% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery Village CDP, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montgomery Village CDP, Maryland
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Montgomery Village CDP, Maryland (place:53325, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Montgomery Village at a glance
- Median rent in Montgomery Village
- Rent by bedrooms in Montgomery Village
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- Renters and owners in Montgomery Village
- Income and affordability in Montgomery Village
- Home values in Montgomery Village
- Homeowner costs in Montgomery Village
- Property taxes in Montgomery Village
- Types of homes in Montgomery Village
- Bedrooms in Montgomery Village
- Age of homes in Montgomery Village
- Heating fuel in Montgomery Village
- Commute and cars in Montgomery Village
- Population growth in Montgomery Village
- How long people stay in Montgomery Village
- Crowding and facilities in Montgomery Village
- Fair Market Rent in Montgomery Village
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by rental vacancy rate
- Housing data for every place in Maryland