Surrounding Submarket Area
Rockville, Maryland is a part of the Rockville Submarket submarket area, and contains 8 zip codes, including: 20853, 208051, 20852, 20850, 20847, and 20849.
Rockville Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Rockville, MD submarket area was $2,083, which is 13.89% higher than 2014 average rent. This represents a compounded annual growth rate of 2.63%. 2019 vacancy in Rockville, MD was 3.70%.
The total population of the city of Rockville, MD has grown 11.53% since 2010. As of 2018, the population was 68,268. The median household income of the Rockville was $105,376, which is 74.77% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Rockville Submarket
$2,083
13.89%
3.70%
$105,376
68,268
11.53%
74.77%
20847 20848 20849 20850 208051 20852 20853 20857
Submarket Area Rockville Submarket
Avg Rent $2,083
Rent Growth 13.89%
Vacancy 3.70%
Median Income $105,376
Population (2018) 68,268
Population Growth 11.53%
Vs. Nat’l Avg 74.77%
Zip Codes 20847 20848 20849 20850 208051 20852 20853 20857

