The Charles
7342 Wisconsin Ave,
Bethesda, MD 20814
Studio - 2 Beds | $2,377 - $10,222
Rental Market Trends in Chevy Chase, MD
Updated July 2026
The average rent in Chevy Chase, MD is $2,148/month.
Rent in Chevy Chase is 29% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.
$2,148/month
Average Rent
814 Sq Ft
Average Size
-3.9%
Change / Year
2,204
Available Apartments
Chevy Chase rent varies by unit size and layout:
- Studio apartments in Chevy Chase average $1,711 per month.
- One-bedroom apartments in Chevy Chase average $2,148 per month.
- Two-bedroom apartments in Chevy Chase average $2,940 per month.
- Three-bedroom apartments in Chevy Chase average $4,285 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Chevy Chase, MD?
In the past year, rent has decreased by 3.9%, which averages out to $82 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Chevy Chase, MD
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
7%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
67%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Chevy Chase?
Based on current rent prices, Chevy Chase Lake, Friendship Village and Chevy Chase Village 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, Chevy Chase Village, Friendship Village and Chevy Chase Lake 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 $2,148, you’ll want to make about $7,160 per month or $85,920 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.
View the Chevy Chase Area GuideStudio
$1,852/month
-
One Bedroom
$2,513/month
-
Two Bedroom
$3,385/month
-
Three Bedroom
$4,630/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Chevy Chase?
The average rent in Chevy Chase is $2,148 per month, which is 29.2% higher than the national average of $1,662.
What is the average rent for a house in Chevy Chase?
The average rent for a house in Chevy Chase, MD is $5,487 per month.
What is the average rent for a condo in Chevy Chase?
The average rent for a condo in Chevy Chase, MD is $2,225 per month.
Are rents going up or down in Chevy Chase?
Rents in Chevy Chase, MD are decreasing, with prices down 3.9% year-over-year and $82 less per month.
What rent range is most common in Chevy Chase?
In Chevy Chase, MD, 67% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 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.