Home prices
The median home in Montgomery Village costs $305,400. This is about $124,200 (28%) lower in comparison to its nearby areas.It is about $87,900 (40%) higher in comparison to the entire country, and it is roughly $296,100 (49%) lower in comparison to the city of Washington.
Rents
Montgomery Village's median rent is $1,631 a month. This is is very similar compared to the surrounding areas.In comparison to the United States as a whole it is about $569 (53%) higher, and is approximately $90 (5%) higher in comparison to the city of Washington.
Nearby places
Gaithersburg
Gaithersburg is Montgomery Village's neighbor to the south. Real estate prices there are a bit more expensive. The median home value in Gaithersburg is $392,200, which comes out to $86,800 (22%) higher than Montgomery Village. Rents there are a bit more expensive. In Gaithersburg the median rent is $1,740 per month, which comes out to $109 (6%) higher than Montgomery Village.
Washington Grove
Washington Grove is roughly 2 miles south from Montgomery Village. The real estate prices there are a little more expensive. The median home in Washington Grove is valued at $446,400, which works out to $141,000 (31%) higher than Montgomery Village. Rents there are a bit more expensive. In Washington Grove the median rent is $1,750 a month, which works out to $119 (6%) higher than Montgomery Village.
Germantown
Germantown is about 3 miles west from Montgomery Village. Housing prices there are a bit more expensive. The median home in Germantown costs $345,400, which works out to $40,000 (11%) higher than Montgomery Village. Its rents are somewhat more expensive. The median monthly rent in Germantown is $1,747, which comes out to $116 (6%) higher than Montgomery Village.
Laytonsville
Laytonsville is approximately 3 miles northeast from Montgomery Village. The housing prices there are significantly more expensive. The median home in Laytonsville is valued at $545,500, which is $240,100 (44%) higher than Montgomery Village. The rent there is significantly less expensive. In Laytonsville the median rent is $1,216 a month, which comes out to $415 (34%) lower than Montgomery Village.
Redland
Redland is roughly 3 miles southeast from Montgomery Village. Its housing prices are a bit more expensive. The median home cost in Redland is $418,500, which works out to $113,100 (27%) higher than Montgomery Village. Its rents are a bit more expensive. The median monthly rent in Redland is $1,736, which is $105 (6%) higher than Montgomery Village.