Rockville, MD Homes For Rent

Homes for Rent in Rockville, MD: What You Need to Know

Rockville, the government seat of Montgomery County, boasts of a diverse population with a large Asian American community. It’s a vibrant suburb of Washington, D.C.

Job Opportunities

Rockville’s access to Washington, D.C, only 12 miles away, makes it attractive to businesses across all industries. Choice Hotels, ZeniMax Media, Macrogenics (a biopharmaceutical company), Westat (professional services), Avendra (hotel and hospitality supplies), and Emmes (clinical research organization) are based in Rockville. Other key employers in Rockville include Lockheed Martin (aerospace), Infosys (India-based technology company), Adventist Healthcare, and GlaxoSmithKline (pharmaceutical company).

Local Population

Out of Rockville’s population of 68,401, 20.6% are Asian Americans, the city’s largest racial minority. The breakdown of Rockville’s Asian American population is as follows: Chinese, 8.6%; Asian Indians, 3.4%; Koreans, 2.7%, and Filipino, 1.8%. Montgomery County has a total of about 50,000 Chinese Americans. Nearby Potomac and North Potomac, Maryland, also have large Chinese American communities.

The Cost of Living in Rockville, MD

Rockville’s proximity to the nation’s capital makes it an expensive place to live in. The city’s cost of living rate and housing costs are 56% and 37.1% higher than the national average respectively. The median gross rent is $1,921. On the positive, food cost is 0.9% lower than the national average. The Old Line State levies 2% to 5.75% in income tax, plus counties charge 1.75% to 3.20% in income tax. It’s one of the highest income taxes in the country. The state collects 6% in sales tax.

Know Your Neighborhoods

Urbanites love the residential neighborhoods in Rockville Town Square and Pike & Rose. Rockville Town Square’s pedestrian-friendly shops and restaurants feature chic apartments above. Pike & Rose offers three luxury apartment buildings with resort-caliber amenities, including rooftop pools, sundecks, and green space. Some residents describe Rockville as the “perfect suburb,” with excellent public transportation and other amenities. The city’s public schools are top-ranked. Bethesda and North Bethesda are close to Rockville, and they have equally great schools. 

Shopping Local

Rockville Town Square exudes a community-centric vibe with 43 stores, 25 fine restaurants, and seasonal concerts. It also has a splash pad and an outdoor ice-skating rink. The 12.5-acre area used to be the site of a shopping mall, but now it’s a bustling civic, retail, and residential community, the equivalent of a downtown. Whether you’re looking for unique boutiques or big retailers, you’ll find them in Pike & Rose, which features 39 stores, a weekly farmers market, an array of restaurants, plus movie theaters.