What is the median rent in North Potomac, MD?
The median gross rent in North Potomac, MD is $2,413 (±$142) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,274 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In North Potomac, the median gross rent went from $2,129 in 2015–2019 to $2,413 in 2020–2024 (+13.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $2,413 (±$142)
- Rented homes
- 1,274 (±194)
- $2,000 or more
- 75.4%
- Since 2015–2019
- +13.3%
How much rent costs in North Potomac
| Monthly gross rent | North Potomac | Montgomery County | Maryland | United States |
|---|---|---|---|---|
| Less than $500 | 4.2% (±3.5 points) | 3.0% | 5.5% | 6.3% |
| $500 to $999 | 0.9% (±1.2 points) | 3.1% | 9.2% | 20.2% |
| $1,000 to $1,499 | 3.4% (±2.9 points) | 9.3% | 22.9% | 28.1% |
| $1,500 to $1,999 | 16.2% (±6.9 points) | 31.1% | 30.1% | 21.1% |
| $2,000 to $2,499 | 30.7% (±9.4 points) | 26.3% | 18.3% | 12.0% |
| $2,500 to $2,999 | 12.6% (±6.0 points) | 12.7% | 7.7% | 5.5% |
| $3,000 or more | 32.1% (±8.0 points) | 14.6% | 6.2% | 6.8% |
The most common range is $3,000 or more, paid by 32.1% of renting households.
75.4% of rented homes in North Potomac cost $2,000 or more a month.
North Potomac against Montgomery County, its state and the nation
| North Potomac | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Median gross rent | $2,413 (±$142) | $2,068 (±$20) | $1,705 (±$8) | $1,413 |
| Rented homes paying rent | 1,274 (±194) | 131,161 (±2,450) | 739,486 (±6,659) | 42,849,984 |
In North Potomac, median gross rent is higher than in Montgomery County ($2,068).
It is also higher than in Maryland ($1,705).
It is higher than the national figure ($1,413).
In Montgomery County, North Potomac ranks 20 of 53 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 50 of 342.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in North Potomac has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,129 (±$83) | $2,413 (±$142) | +13.3% | Down after inflation |
| Households that rent | 16.4% (±2.0 points) | 17.1% (±2.5 points) | +0.7 percentage points | Not a measurable change |
| Rental vacancy rate | 6.0% (±6.4 points) | 7.0% (±5.0 points) | +1.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near North Potomac
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| North Potomac | — | $2,413 (±$142) | — |
| Travilah | 2.7 mi | $3,500 or more | — |
| Darnestown | 4.0 mi | $3,500 or more | — |
| Gaithersburg | 4.3 mi | $2,058 (±$66) | Lower |
| Rockville | 4.5 mi | $2,274 (±$51) | Not measurably different |
| Derwood | 4.9 mi | $1,676 (±$1,076) | Not measurably different |
| Germantown | 5.5 mi | $2,040 (±$51) | Lower |
| Redland | 5.6 mi | $2,221 (±$153) | Not measurably different |
| Flower Hill | 5.7 mi | $2,137 (±$145) | Lower |
Nearby places with a measurably lower figure: Gaithersburg, MD ($2,058), Germantown, MD ($2,040), Flower Hill, MD ($2,137).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Montgomery County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 14 | Hillandale | $3,211 (±$138) |
| 15 | Potomac | $2,887 (±$342) |
| 16 | Brookmont | $2,878 (±$1,418) |
| 17 | Four Corners | $2,554 (±$1,113) |
| 18 | Clarksburg | $2,495 (±$214) |
| 19 | Bethesda | $2,469 (±$92) |
| 20 | North Potomac | $2,413 (±$142) |
| 21 | Olney | $2,404 (±$267) |
| 22 | Burtonsville | $2,358 (±$161) |
| 23 | Burnt Mills | $2,315 (±$537) |
| 24 | Martin's Additions | $2,303 (±$669) |
| 25 | Friendship Heights Village | $2,289 (±$133) |
| 26 | Rockville | $2,274 (±$51) |
Showing 13 of 53 places in Montgomery County, ranked from highest to lowest.
North Potomac 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 North Potomac
What is the average rent in North Potomac, MD?
The Census Bureau publishes the median rather than the average: the median gross rent in North Potomac is $2,413 (±$142) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in North Potomac?
In North Potomac, the median gross rent went from $2,129 in 2015–2019 to $2,413 in 2020–2024 (+13.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in North Potomac cost more than $2,000 a month?
75.4% of rented homes in North Potomac have a gross rent of $2,000 or more a month, and 4.2% cost less than $500.
Is rent in North Potomac higher than in Montgomery County?
In North Potomac, median gross rent is higher than in Montgomery County ($2,068).
It is also higher than in Maryland ($1,705).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Potomac CDP, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Potomac CDP, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — North Potomac CDP, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 North Potomac CDP, Maryland (place:56875, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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
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- Population growth in North Potomac
- How long people stay in North Potomac
- Crowding and facilities in North Potomac
- Fair Market Rent in North Potomac
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by median rent
- Housing data for every place in Maryland