Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
•10 min read
Viewing 1 of 1 rentals in Derwood
What to Know About
Life in Derwood & Beyond
Derwood shares many of the great qualities that make Maryland a desirable place to live.
Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.
The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.
From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.
Rental Market Trends
Derwood, MD
As of August 2025, Derwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Derwood's average rent is 32.2% ($602) higher than the Maryland average of $1,867 and 37.9% ($679) higher than the U.S. average of $1,790.
Average Rent
$2,469
Monthly ChangeMonth Over Month Change
1.3% ($31)
Yearly ChangeYear Over Year Change
0.8% ($21)
Avg. Days on MarketAverage Days on Market
29
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,988 | 2.5% ($52) | 8.8% ($161) |
| 2 Beds | $2,323 | 16.9% ($472) | 11.5% ($303) |
| 3 Beds | $3,043 | 3.5% ($111) | 21.9% ($855) |
| Nearby Cities | Average Rent | Avg. Rent vs. DerwoodAverage Rent vs. Derwood | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Gaithersburg | $1,990 | 19.4% ($479) | 32 days |
| Montgomery Village | $2,007 | 18.7% ($462) | 29 days |
| Olney | $2,517 | 1.9% ($48) | 32 days |
| Rockville | $2,118 | 14.2% ($351) | 32 days |
| Germantown | $2,229 | 9.7% ($240) | 26 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Derwood Rental Market FAQs
Explore rental prices, market trends, and availability in Derwood, MD.
The average rent in Derwood, MD is $2,469 per month.
Apartments in Derwood typically rent for between $1,392 and $3,956 per month, with an average of $2,469 per month.
In Derwood, the average rent for a 1-bedroom apartment is $1,988 per month, for a 2-bedroom apartment, $2,323 per month, and a 3-bedroom apartment is $3,043 per month.
The average rent in Derwood is 37.9% ($679) higher than the national average of $1,790 per month.
The average rent in Derwood has increased by 1.3% ($31) in the last month and decreased by 0.8% ($21) over the past year.
The rental market in Derwood, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Derwood, MD, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Derwood, MD.
Based on the current averages, a household would need an annual income of $92,920 to comfortably afford a 2-bedroom apartment in Derwood.
