Chevy Chase, MD has a population of 9,844, while the median age is 46. The household income in Chevy Chase, MD is around $173,333. The homeownership rate among the residents is 79%. The median residential property value in Chevy Chase, MD that you should keep in mind is $897,000.
|Number Of Employees||5,026|
|Median Property Value||$897,000|
|Rent Price||Aug||vs Last Month|
|1 bed rentals||$2,097||+4.3%|
|2 bed rentals||$2,841||+5.5%|
|3 bed rentals||$3,716||+0%|
|4+ bed rentals||$6,692||+26.3%|
Over the Aug 2022, the average rent for an apartment in/near Chevy Chase, MD increased by 20.1% to $3,996.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 4.3% to $2,097. Pricing for 2-bed apartment also increased by 5.5% and a place of this size will now cost you $2,841. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $3,716. We tend to note the rise of 4- and more bed apartment pricing. It increased by 26.3% and made it up to $6,692.
|Rent Type Price||Aug||vs Last Month|
The median rent for an apartment in Chevy Chase, MD decreased by 8.8% to $2,215. Statistics show that house rent price increased by 33.5% this month making it up to $5,800. Condos faced an upward trend these days. The median rent for a condo increased by 16.8%, it’s now available for $2,161.