Market Summary

Downtown, Montgomery County, VA

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Median Home Price Price

$563,661 $563.7K

Median Monthly Rent Rent

$1,577 $1.6K

GRM

30.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Montgomery County

Region Price Rent GRM Display
$317,272 $1,566 17.0x
$524,056 $1,529 29.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Montgomery County

Region Price Rent GRM Display
$766,099 $2,798 23.0x
$922,041 $2,307 33.0x
$322,843 $1,634 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$363,869 $1,756 17.0x
$703,532 $1,930 30.0x
$387,726 $1,602 20.0x
$593,239 $2,481 20.0x
$478,451 $1,866 21.0x
$454,485 $1,672 23.0x
$698,514 $1,695 34.0x
$552,461 $2,540 18.0x
$1,261,094 $3,150 33.0x
$603,392 $1,959 26.0x
$130,010 $1,569 7.0x
$447,200 $1,563 24.0x
$827,213 $2,621 26.0x
$246,908 $1,519 14.0x
$572,889 $1,686 28.0x
$1,544,131 $1,457 88.0x
$549,288 $2,171 21.0x
$830,479 $2,526 27.0x

Home prices

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Monthly rent

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GRM

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Downtown

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Trend Insights

Median Rent in Downtown, VA is $1,577, with MoM change +$14 and YoY change +$103 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Downtown, VA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Downtown, VA
Compare market Select a market
Delta vs base
Median rent
$1,577
N/A
Median price
$563,661
N/A
YoY change
+$103
N/A
Price-to-rent
29.8x
Data unavailable
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