Home prices
The price of the median home in Chevy Chase is $944,700. In comparison to the surrounding areas it is approximately $208,100 (18%) lower.Compared to the US as a whole it is about $727,200 (334%) higher, and in comparison to the city of Washington it is about $343,200 (57%) higher.
Rents
In Chevy Chase the median monthly rent is $1,957. In comparison to its nearby areas this is approximately $954 (32%) lower.In comparison to the nation as a whole it is approximately $895 (84%) higher, and it is approximately $416 (26%) higher in comparison to the city of Washington.
Nearby places
North Chevy Chase
North Chevy Chase is Chevy Chase's neighbor to the north. The real estate prices there are somewhat less expensive. North Chevy Chase's median home value is $860,300, which works out to $84,400 (9%) lower than Chevy Chase. Its rents are substantially more expensive. The median monthly rent in North Chevy Chase is $3,417, which is $1,460 (42%) higher than Chevy Chase.
Chevy Chase Section Five
Chevy Chase Section Five is Chevy Chase's neighbor to the south. Housing prices there are a bit more expensive. The median home in Chevy Chase Section Five costs $1,264,900, which comes out to $320,200 (25%) higher than Chevy Chase. The rent there is a lot more expensive. Chevy Chase Section Five's median rent is $3,501 per month, which is $1,544 (44%) higher than Chevy Chase.
Martin's Additions
Martin's Additions is Chevy Chase's neighbor to the south. Real estate prices there are somewhat more expensive. The median home in Martin's Additions is valued at $1,160,100, which works out to $215,400 (18%) higher than Chevy Chase. Rent there is somewhat more expensive. The median monthly rent in Martin's Additions is $2,583, which works out to $626 (24%) higher than Chevy Chase.
South Kensington
South Kensington is Chevy Chase's neighbor to the north. Real estate prices there are a little less expensive. The cost of the median home in South Kensington is $754,200, which is $190,500 (25%) lower than Chevy Chase. The rent there is a bit more expensive. South Kensington's median rent is $2,180 a month, which is $223 (10%) higher than Chevy Chase.
Chevy Chase Village
Chevy Chase Village is Chevy Chase's neighbor to the south. The real estate prices there are significantly more expensive. The median home in Chevy Chase Village costs $1,724,500, which works out to $779,800 (45%) higher than Chevy Chase. Rent there is somewhat more expensive. The median monthly rent in Chevy Chase Village is $2,875, which comes out to $918 (31%) higher than Chevy Chase.
