Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Takoma Park city, Maryland?
City · Census ACS 5-Year estimates
The median gross rent in Takoma Park city, Maryland is $1,432/month (±$74), based on Census ACS 5-Year estimates (2024). The median home value is $749,200 (±$37,123), and the median household income is $108,136/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 Takoma Park city, Maryland
| Metric | Value |
|---|---|
| Median Gross Rent | $1,432 |
| Median Home Value | $749,200 |
| Median Household Income | $108,136 |
| Total Housing Units | 6,926 |
| Renter-Occupied Units | 3,173 |
| Renter-Occupied Share | 46% |
| Households Paying 50%+ Income | 820 households |
| Unemployment Rate(April 2026) | 4.1% |
How does Takoma Park city, Maryland compare?
Median gross rent ranked against all cities in Maryland.
Higher rent than 33% of cities in Maryland · 243th of 360
| # | City | Value |
|---|---|---|
| 1 | Travilah CDP | $3,501 |
| 1 | Woodmore CDP | $3,501 |
| 1 | Chevy Chase town | $3,501 |
| … 239 more … | ||
| 243 | Takoma Park city(you are here) | $1,432 |
| … 114 more … | ||
| 358 | Sudlersville town | $594 |
| 359 | Franklin CDP | $507 |
| 360 | Friendsville town | $438 |
More data for Takoma Park city, Maryland
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Frequently asked questions
What is the average rent in Takoma Park city, Maryland?
The median gross rent in Takoma Park city, Maryland is $1,432/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 Takoma Park city, Maryland?
The median rent for a 2-bedroom in Takoma Park city, 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 Takoma Park city, Maryland?
The median home value in Takoma Park city, Maryland is $749,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Takoma Park city are rent-burdened?
In Takoma Park city, Maryland, 820 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 Takoma Park city, Maryland?
The median household income in Takoma Park city, Maryland is $108,136/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 $1,432 has a margin of error of ±$74. In very small areas, MOEs can be large relative to the estimate.
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