Similar to its surrounding areas, it's substantially more expensive compared to the country as a whole. However it is a little less expensive compared to the city of Washington.
Home prices
The median home in Rockville is valued at $540,000. Compared to the surrounding areas this is approximately $10,820 (2%) higher.It is about $322,500 (148%) higher in comparison to the entire country, and it is approximately $61,500 (10%) lower in comparison to the city of Washington.
Rents
The median monthly rent in Rockville is $1,921. Compared to its surrounding areas it is about $197 (11%) higher.It is roughly $859 (80%) higher compared to the rest of the country, and in comparison to the city of Washington it is about $380 (24%) higher.
Nearby places
Aspen Hill
Aspen Hill is Rockville's neighbor to the east. The housing prices there are a bit less expensive. The cost of the median home in Aspen Hill is $423,300, which is $116,700 (27%) lower than Rockville. Its rents are somewhat less expensive. In Aspen Hill the median monthly rent is $1,684, which works out to $237 (14%) lower than Rockville.
North Bethesda
North Bethesda is Rockville's neighbor to the southeast. The housing prices there are pretty similar. North Bethesda's median home cost is $567,500, which works out to $27,500 (4%) higher than Rockville. The rent there is pretty similar. The median monthly rent in North Bethesda is $1,910, which is very similar to Rockville.
Redland
Redland is Rockville's neighbor to the north. The real estate prices there are a little less expensive. The median home price in Redland is $418,500, which comes out to $121,500 (29%) lower than Rockville. The rent there is a little less expensive. Redland's median monthly rent is $1,736, which is $185 (10%) lower than Rockville.
North Potomac
North Potomac is Rockville's neighbor to the west. The housing prices there are a bit more expensive. The median home in North Potomac is valued at $672,900, which is $132,900 (19%) higher than Rockville. Its rents are a bit more expensive. In North Potomac the median monthly rent is $2,129, which is $208 (9%) higher than Rockville.
Derwood
Derwood is approximately 2 miles north from Rockville. The housing prices there are fairly similar. The median home value in Derwood is $563,700, which comes out to $23,700 (4%) higher than Rockville. Its rents are substantially less expensive. In Derwood the median monthly rent is $1,160, which comes out to $761 (65%) lower than Rockville.
