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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 20877, Maryland?

$1,887/month 1.3%vs 2023 ($1,862)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 20877, Maryland (ZIP 20877) is $1,887/month (±$76), based on Census ACS 5-Year estimates (2024). The median home value is $474,800 (±$18,210), and the median household income is $92,800/year. The unemployment rate in Montgomery County, Maryland was 4.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 20877

MetricValue
Median Gross Rent$1,887
Median Home Value$474,800
Median Household Income$92,800
Total Housing Units12,519
Renter-Occupied Units7,119
Renter-Occupied Share57%
Households Paying 50%+ Income1,957 households
Unemployment Rate(April 2026)4.1%

How does ZIP 20877 compare?

Median gross rent ranked against all ZIP codes in Maryland.

Higher rent than 71% of ZIP codes in Maryland · 98th of 339

Cheapest: ZCTA5 21536($664)
Priciest: ZCTA5 20854($3,501)
#ZIP codeValue
1ZCTA5 20854$3,501
1ZCTA5 21029$3,501
1ZCTA5 20733$3,501
… 94 more …
98ZCTA5 20877(you are here)$1,887
… 238 more …
337ZCTA5 21536$664
338ZCTA5 21531$575
339ZCTA5 21562$547

Geography

ZIP 20877 is in Montgomery County, Maryland.

It covers part of Gaithersburg city, Maryland.

More data for ZCTA5 20877

Frequently asked questions

What is the average rent in ZCTA5 20877, Maryland?

The median gross rent in ZCTA5 20877, Maryland (ZIP 20877) is $1,887/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 20877, Maryland?

The median rent for a 2-bedroom in ZCTA5 20877, Maryland is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 20877, Maryland?

The median home value in ZCTA5 20877, Maryland (ZIP 20877) is $474,800 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 20877 are rent-burdened?

In ZCTA5 20877, Maryland, 1,957 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 20877, Maryland?

The median household income in ZCTA5 20877, Maryland is $92,800/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,887 has a margin of error of ±$76. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.