How many apartments are available in 20854 on Rentable.co?
Rentable.co has 4 apartments available for rent in 20854.
What is the average rent for an apartment in 20854?
The average rent for an apartment in 20854 is around $3,450 per month.
Find an Apartment in 20854
Are you looking for apartments for rent in 20854 Potomac, MD? Look no further! Currently, there are 4 units available for rent in this desirable zip code on Rentable.
20854 is a great area to live in, offering a variety of attractions and amenities. Nearby points of interest include parks such as Cabin John Regional Park and Glenstone Museum for those who love nature or art. Additionally, this zip code boasts excellent schools, convenient shopping centers, and a thriving community.
Ready to find your next rental? Take a look at Rentable's apartments near 20854 Potomac, MD and discover the perfect place to call home.
Potomac: April Rent Report
Welcome to the April 2024 Potomac Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 key findings and figures for the Potomac rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Potomac and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Potomac average rent prices in the chart below.
Monthly Rent Report
$4,000
$3,000
$2,000
$1,000
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Potomac Rent Prices Decrease From March to April
Potomac rent prices decreased over the last month. From March to April, the city experienced a -1.5% decrease for the price of a one-bedroom apartment. The rent price for a Potomac one-bedroom apartments currently stands at $1,839.0.
When we take a look at the two-bedroom comparison from March to April, Potomac experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Potomac two-bedroom apartments currently stands at $1,890.0.
April Prices: Potomac vs. Surrounding Areas
Rent Prices in Potomac and Surrounding Areas
Rent prices have decreased in Potomac over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Potomac suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Potomac suburbs
Rents did not decrease in any of the Potomac suburbs.
April 2024 Pricing Trends: Potomac vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Potomac Rent Prices More Affordable Than Major Cities
Rent growth in Potomac over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Potomac average rent prices appear to be
relatively affordable for local residents.
The price for a Potomac one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Potomac and surrounding area rent prices, take a look at the complete data set below.
Data set for Potomac and suburbs
1 BR April
1 BR M/M % Change
2 BR April
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.