Gaithersburg, MD Real Estate

According to census data in the year 2000 there were 20,562 housing units in Gaithersburg. This represents a 28% growth from 16,059 in 1990.

Of those housing units, 20,562 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Gaithersburg is about 53%. Gaithersburg's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Gaithersburg were built after 1981.


Housing Size

Housing Units by Size
Studio Type3.40%
One Bedroom20.10%
Two Bedrooms28%
Three Bedrooms29.40%
Four Bedrooms15.60%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1984
Median Value of occupied units$171,100
Median Price asked for vacant units$165,400

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1977
Median Monthly Rent asked for vacant units$1,054

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage10.80%
Home Equity Loan9.50%
Simple Mortgage71.60%
Debt Free7.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%