Market Summary

Monrovia, Frederick County, MD

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Median Home Price Price

$653,236 $653.2K

Median Monthly Rent Rent

$2,148 $2.1K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Frederick County

Region Price Rent GRM Display
$617,071 $2,682 19.0x
$700,986 $2,068 28.0x
$539,020 $2,092 21.0x
$647,965 $2,804 19.0x
$584,502 $2,956 16.0x
$559,315 $1,506 31.0x
$552,568 $2,048 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MD outside of Frederick County

Region Price Rent GRM Display
$464,791 $1,526 25.0x
$1,230,098 $2,136 48.0x
$440,255 $1,500 24.0x
$476,980 $1,790 22.0x
$720,745 $2,040 29.0x
$490,556 $2,100 19.0x
$554,694 $2,140 22.0x
$623,373 $2,851 18.0x
$646,594 $2,913 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MD

Region Price Rent GRM Display
$521,464 $2,050 21.0x
$568,893 $2,164 22.0x
$908,801 $2,062 37.0x
$467,526 $2,193 18.0x
$287,429 $1,021 23.0x
$995,152 $2,163 38.0x
$501,234 $2,041 20.0x
$407,442 $1,405 24.0x
$321,991 $1,032 26.0x
$420,245 $2,113 17.0x
$540,205 $2,504 18.0x
$282,446 $2,032 12.0x
$341,168 $2,203 13.0x
$365,075 $1,150 26.0x
$691,090 $2,157 27.0x
$435,998 $1,372 26.0x
$377,795 $2,171 14.0x
$442,259 $1,677 22.0x
$361,196 $1,433 21.0x

Home prices

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Monthly rent

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GRM

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Monrovia

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Trend Insights

Median Rent in Monrovia, MD is $2,148, with MoM change +$18 and YoY change +$112 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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Metric
Base market Monrovia, MD
Compare market Select a market
Delta vs base
Median rent
$2,148
N/A
Median price
$653,236
N/A
YoY change
+$112
N/A
Price-to-rent
25.3x
Data unavailable
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