Rent in Spencerville, MD
A 2-bedroom in Spencerville, MD (ZIP 20868) typically rents for about $2,490 a month, with a range of $2,438–$2,490. 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 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $2,160 | $2,111–$2,160 | 1 |
| 1 bed | $2,250 | $2,204–$2,250 | 1 |
| 2 beds | $2,490 | $2,438–$2,490 | 1 |
| 3 beds | $3,170 | $3,107–$3,170 | 1 |
| 4 beds | $3,740 | $3,658–$3,740 | 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) and HUD county Fair Market Rents (Oct 1, 2026).
Spencerville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Spencerville, MD?
- About $2,490 a month: the median of the typical rents in 1 ZIP code, which range from $2,438–$2,490. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Spencerville, MD?
- About $2,250 a month: the median of the typical rents in 1 ZIP code, which range from $2,204–$2,250. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Spencerville, MD?
- About $3,170 a month: the median of the typical rents in 1 ZIP code, which range from $3,107–$3,170. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Spencerville, MD?
- About $2,160 a month: the median of the typical rents in 1 ZIP code, which range from $2,111–$2,160. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Spencerville, MD?
- About $3,740 a month: the median of the typical rents in 1 ZIP code, which range from $3,658–$3,740. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Spencerville, 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Spencerville rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).