Surrounding Submarket Area
Gaithersburg, Maryland is a part of the Gaithersburg/Germantown Submarket submarket area, and contains 9 zip codes, including: 20882, 20877, 20885, 20879, 20898, and 20884.
Gaithersburg Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Gaithersburg, MD submarket area was $1,590, which is 9.58% higher than 2014 average rent. This represents a compounded annual growth rate of 1.85%. 2019 vacancy in Gaithersburg, MD was 2.80%.
The total population of the city of Gaithersburg, MD has grown 13.94% since 2010. As of 2018, the population was 68,289. The median household income of the Gaithersburg was $86,427, which is 43.34% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Gaithersburg / Germantown Submarket
$1,590
9.58%
2.80%
$86,427
68,289
13.94%
43.34%
20877 20878 20879 20882 20883 20884 20885 20898 20899
Submarket Area Gaithersburg / Germantown Submarket
Avg Rent $1,590
Rent Growth 9.58%
Vacancy 2.80%
Median Income $86,427
Population (2018) 68,289
Population Growth 13.94%
Vs. Nat’l Avg 43.34%
Zip Codes 20877 20878 20879 20882 20883 20884 20885 20898 20899