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Chevy Chase Section Three, MD

Full City Profile · Maryland · District of Columbia County

3.9 /5.0
B+ Good
985 Population 8,208/sq mi density
$250,001 Median Income $146,398 per capita
$1,583,900 Home Value $1,216,118 Zillow
$3,501 Median Rent 14.5% income on rent
56°F Avg Temperature 293 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 0.3% unemployment
B
Affordability
3.1 / 5.0
$1,583,900 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
94.4% bachelor's degree or higher

Housing Overview

Median Home Value
$1,583,900
462% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
96.0%
47% above US avg (65.4%)
Total Housing Units
316
Median year built: 1938

Home Value by Source

Census Median
$1,583,900
Zillow (ZHVI)
$1,216,118
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.0%
Owner-Occupied
4.0%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $3,501/mo

Affordability & Housing Stock

Rent Burden
14.5%
of renters spending 30%+ of income on housing
53% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
96.0%

Complete Housing Data

Home Values

Census Median Value$1,583,900
Zillow Home Value (ZHVI)$1,216,118

Rent

Census Median Rent$3,501
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Ownership & Stock

Owner-Occupied96.0%
Renter-Occupied4.0%
Homeownership Rate96.0%
Total Housing Units316
Median Year Built1938
Rent Burden14.5%