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Garrett Park, MD

Full City Profile · Maryland · Montgomery County County

4.2 /5.0
A Great
872 Population 3,488/sq mi density
$250,001 Median Income $108,459 per capita
$994,200 Home Value $1,040,488 Zillow
$2,750 Median Rent 29.5% income on rent
56°F Avg Temperature 293 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$250,001 median income, 1.7% unemployment
A
Affordability
4.4 / 5.0
$994,200 home value, $2,750/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
88.1% bachelor's degree or higher

Housing Overview

Median Home Value
$994,200
253% above
US avg: $281,900
Median Rent
$2,750/mo
136% above
US avg: $1,163/mo
Homeownership Rate
95.0%
45% above US avg (65.4%)
Total Housing Units
337
Median year built: 1951

Home Value by Source

Census Median
$994,200
Zillow (ZHVI)
$1,040,488
Median Sale Price
$1,918,000
Median List Price
$1,100,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.0%
Owner-Occupied
5.0%
Renter-Occupied
95%
5%
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: $2,750/mo

Market Indicators (Redfin)

Median Days on Market
142 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$373
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
95.0%

Complete Housing Data

Home Values

Census Median Value$994,200
Zillow Home Value (ZHVI)$1,040,488
Median Sale Price$1,918,000
Median List Price$1,100,000
Price Per Sq Ft$373

Rent

Census Median Rent$2,750
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

Days on Market142
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$373

Ownership & Stock

Owner-Occupied95.0%
Renter-Occupied5.0%
Homeownership Rate95.0%
Total Housing Units337
Median Year Built1951
Rent Burden29.5%