|Rent Price||May||vs Last Month|
|1 bed apartments||$1,983||-15%|
|2 bed apartments||$2,817||-14.5%|
|3 bed apartments||$3,150||-10.2%|
|4+ bed apartments||$2,774||+9.7%|
|Rent Type Price||May||vs Last Month|
Over the May 2020, the average rent for an apartment in/near Chevy Chase, MD decreased by 5.7% to $2,649. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 15% to $1,983. Pricing for 2-bed apartment also decreased by 14.5% and a place of this size will now cost you $2,817. 3-bed apartment rent pricing starts at $3,150, it decreased by 10.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 9.7% and made it up to $2,774.
The median rent for an apartment in Chevy Chase, MD decreased by 16% to $2,272. Statistics show that house rent price increased by 7.8% this month making it up to $4,298. Condos faced an upward trend these days. The median rent for a condo decreased by 4.1%, it’s now available for $2,132.