Why Live in Montgomery Village
Montgomery Village, Maryland, is a master-planned community established in the 1960s and 70s, located about 25 miles from both Washington, D.C., and Frederick, Maryland. With approximately 40,000 residents and 12,000 homes across 69 subdivisions, the area features a variety of housing options, including condos, townhouses, and single-family homes. The Montgomery Village Foundation oversees the community, which is known for its wide, winding streets and ample green spaces. Residents enjoy access to 335 acres of green space, 18 park areas, and numerous pools and playgrounds. The community hosts events such as the annual Great Pumpkin Race and Fall Festival, and a farmers market from June to October. Montgomery Village is served by Montgomery County Public Schools, which are highly rated, and nearby private schools like St. Peter’s Catholic School and Our Lady of Good Counsel also receive high marks. The Montgomery Village Center provides everyday essentials, while additional shopping and entertainment options are available at the Rio, 6 miles away. Commuting is facilitated by nearby highways, the Gaithersburg MARC station, and Ride On bus service. For air travel, Ronald Reagan Washington National Airport is 30 miles away, and Dulles International Airport is 35 miles away.
Frequently Asked Questions
How much does it cost to rent a home in Montgomery Village, MD?
The median rent for a home in Montgomery Village, MD is $2,395 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Montgomery Village, MD?
To comfortably afford the median rent in Montgomery Village, MD, a household needs to earn roughly $95,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,395 per month in Montgomery Village, MD, renters typically need to show $7,185 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Montgomery Village, MD?
In Montgomery Village, MD, the price-to-rent ratio is 14.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Montgomery Village, MD are best for renting a home?
The best neighborhood for renting in Montgomery Village, MD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include
Shady Grove,
Central Rockville and
East Rockville, each with its own character and price range.
There are currently 1 homes available for rent in Montgomery Village, MD. The median rent is $2,395 per month, with single-family homes renting at $3,300, townhouses at $2,540 and condos at $1,998.
Number of Homes for Rent
1
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Median Single Family Home Rent
$3,300
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Median Townhouse Rent
$2,540
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