Rent in Damascus, MD
A 2-bedroom in Damascus, MD (ZIP 20872) typically rents for about $1,885 a month, with a range of $1,649–$2,120. Owner-occupied homes in Montgomery County pay about 0.87% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,840 | $1,840–$2,111 | 1 |
| 1 bed | $1,920 | $1,920–$2,204 | 1 |
| 2 beds | $1,885 | $1,649–$2,120 | 1 |
| 3 beds | $2,468 | $2,236–$2,700 | 1 |
| 4 beds | $2,937 | $2,693–$3,180 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Damascus ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Damascus, MD?
- About $1,885 a month: the median of the typical rents in 1 ZIP code, which range from $1,649–$2,120. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Damascus, MD?
- About $1,920 a month: the median of the typical rents in 1 ZIP code, which range from $1,920–$2,204. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Damascus, MD?
- About $2,468 a month: the median of the typical rents in 1 ZIP code, which range from $2,236–$2,700. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Damascus, MD?
- About $1,840 a month: the median of the typical rents in 1 ZIP code, which range from $1,840–$2,111. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Damascus, MD?
- About $2,937 a month: the median of the typical rents in 1 ZIP code, which range from $2,693–$3,180. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Damascus, MD?
- Owner-occupied homes in Montgomery County pay a typical 0.87% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Damascus rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).