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Montgomery County Housing Market

Maryland · 24 counties · Ranked #3079 in home value

Above National Avg

Housing at a Glance

Median Home Value

$615,200

vs national+$615,200 vs $281,900 national

Median Gross Rent

$2,030/mo

vs national+$2,030 vs $1,163 national

Effective Tax Rate

0.87%

vs national0.87% vs 1.02% national

Median Household Income

$128,733

vs national+$128,733 vs $74,755 national

Affordability Ratio

4.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$5,341

Tax as % of Home Value

0.87%

Monthly Owner Cost

$2,329

Renter Income

$78,269

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Property Tax

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Mortgage

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Home Search

Browse Homes on Zillow

Search active listings in Montgomery County. See photos, prices, and open house dates.

Similar Counties by Home Value

San Miguel County

Colorado

$613,100

Western Connecticut Planning Region

Explore Related Data

Frequently Asked Questions

What is the median home value in Montgomery County?

The median home value in Montgomery County is $615,200. This is above the national median of $281,900.

How much is rent in Montgomery County?

The median gross rent in Montgomery County is $2,030 per month.

What is the property tax rate in Montgomery County?

The effective property tax rate in Montgomery County is 0.87%. The median annual property tax bill is $5,341.

Is Montgomery County affordable?

With a home-value-to-income ratio of 4.8x, Montgomery County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.