The Charles
7342 Wisconsin Ave,
Bethesda, MD 20814
$2,326 - $10,221 Total Monthly Price
Studio - 2 Beds
Rental Market Trends in Chevy Chase, MD
What is the average rent in Chevy Chase, MD?
$2,218/month
Average Rent
813 Sq Ft
Average Apartment Size
-0.5%
Decrease in the Last Year
As of April 2026, the average rent in Chevy Chase, MD is $2,218 per month. This is 35% higher than the national average rent price of $1,641/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 $1,817 per month for a studio, $2,218 for a one-bedroom apartment, and around $2,972 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,306 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 decreased by 0.5%, which averages out to $11 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Chevy Chase, MD
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
73%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Chevy Chase?
Based on current rent prices, Somerset House, Somerset Heights and Chevy Chase Lake are the most affordable neighborhoods in Chevy Chase.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chevy Chase?
Based on current rent prices, Friendship Village, Chevy Chase Village and Chevy Chase Commons are the most expensive neighborhoods in Chevy Chase.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chevy Chase, MD?
Because the average rent in Chevy Chase is $2,218, you’ll want to make about $7,393 per month or $88,716 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.
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.
Studio
-
$1,842/month
One Bedroom
-
$2,262/month
Two Bedroom
-
$3,269/month
Three Bedroom
-
$4,260/month
Nearby City Rent Trends
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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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.