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Rental Market Trends in Chevy Chase, MD

What is the average rent in Chevy Chase, MD?

$2,282/month

Average Rent

811 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of July 2025, the average rent in Chevy Chase, MD is $2,282 per month. This is 39% higher than the national average rent price of $1,637/month, making Chevy Chase one of the most expensive cities in the US. When you rent an apartment in Chevy Chase, you can expect to pay about $1,868 per month for a studio, $2,282 for a one-bedroom apartment, and around $3,014 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,224 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,868/month
611 Sq Ft
One Bedroom
$2,282/month
811 Sq Ft
Two Bedroom
$3,014/month
1,116 Sq Ft
Three Bedroom
$4,224/month
1,641 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,812/month
699 Sq Ft
Four Bedroom
$7,225/month
3,650 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,282/month
725 Sq Ft
Two Bedroom
$3,631/month
1,083 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Chevy Chase, MD?

In the past year, rent has increased by 1.9%, which averages out to $44 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Chevy Chase, MD
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Chevy Chase, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
20% $1,501 - $2,000/month
80% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Chevy Chase?

Based on current rent prices, Somerset House, Somerset Heights and Orchardale are the most affordable neighborhoods in Chevy Chase.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Somerset House
$2,299/month
871 Sq Ft
Somerset Heights
$2,366/month
951 Sq Ft
Orchardale
$2,433/month
1,025 Sq Ft
Phasing Kenwood
$2,754/month
731 Sq Ft
Chevy Chase Lake
$2,952/month
759 Sq Ft
Chevy Chase Commons
$3,057/month
752 Sq Ft
Friendship Village
$3,270/month
822 Sq Ft
Chevy Chase Village
$3,526/month
753 Sq Ft

What are the most expensive neighborhoods in Chevy Chase?

Based on current rent prices, Chevy Chase Village, Friendship Village and Chevy Chase Commons are the most expensive neighborhoods in Chevy Chase.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chevy Chase Village
$3,526/month
753 Sq Ft
Friendship Village
$3,270/month
822 Sq Ft
Chevy Chase Commons
$3,057/month
752 Sq Ft
Chevy Chase Lake
$2,952/month
759 Sq Ft
Phasing Kenwood
$2,754/month
731 Sq Ft
Orchardale
$2,433/month
1,025 Sq Ft
Somerset Heights
$2,366/month
951 Sq Ft
Somerset House
$2,299/month
871 Sq Ft

Which Chevy Chase neighborhoods have the most rentals available?

The neighborhoods in Chevy Chase with the most apartments available are Chevy Chase Village, Friendship Village and Chevy Chase Lake .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chevy Chase Village
$3,526/month
753 Sq Ft
Friendship Village
$3,270/month
822 Sq Ft
Chevy Chase Lake
$2,952/month
759 Sq Ft
Chevy Chase Commons
$3,057/month
752 Sq Ft
Somerset Heights
$2,366/month
951 Sq Ft
Phasing Kenwood
$2,754/month
731 Sq Ft
Somerset House
$2,299/month
871 Sq Ft
Orchardale
$2,433/month
1,025 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Chevy Chase, MD?

Because the average rent in Chevy Chase is $2,282, you’ll want to make about $7,606 per month or $91,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Chevy Chase, MD

2,424 Available Apartments for Rent

Search for Nearby Apartments

How does Chevy Chase, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Chevy Chase, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Chevy Chase, MD

Apartment Averages

Somerset House

Chevy Chase, MD

Chevy Chase Village

Chevy Chase, MD

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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Bethesda Average Rent
  • Kensington Average Rent
  • Silver Spring Average Rent

Apartment communities in Chevy Chase we think you'll love

4909 Auburn

4909 Auburn

4909 Auburn Ave,
Bethesda, MD 20814

Studio - 2 Beds | $2,008 - $7,520

Residences at Mazza

Residences at Mazza

5300 Wisconsin Ave,
Washington, DC 20015

Studio - 3 Beds | $2,600 - $10,500

Sophia Bethesda

Sophia Bethesda

4924 Saint Elmo Ave,
Bethesda, MD 20814

Studio - 3 Beds | $1,990 - $12,250

Ellis Bethesda

Ellis Bethesda

4918 Saint Elmo Ave,
Bethesda, MD 20814

Studio - 2 Beds | $1,975 - $4,195

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United States Maryland Chevy Chase Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity