Real Estate Investing in Washington Grove, Maryland (20880)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Montgomery County • Population: 590 • Data updated: September 2026

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Should you buy in 20880 (Washington Grove, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Washington Grove, MD (20880)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $623,911
Avg Monthly Rent $2,097
1% Rule ✗ Does Not Meet
Median Income $131,528
% Renters 4.6%

Market Analysis: 20880 Washington Grove

This part of Montgomery County is not an easy win. The 20880 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Distressed markets are won on execution, not on spreadsheets. ZIP 20880 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Regionally, 20880 sits on the difficult end of the MD spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

Demographically, 20880 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The right play in 20880 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Washington Grove:

C Below Average
Buy Confidence Score: 54/100
Affordability
10/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Declining (-1.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,097/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$667K$606K$545K$484K$423K$362KJul 2006Jul 2016Jul 2026

📊 How Does 20880 Compare?

Metric 20880 Washington Grove Maryland
Home Value $623,911 $623,911 $424,997
5-Year CAGR 2.2% 2.2% 4.9%
Avg Rent $2,097 $2,097 -
Cap Rate 2.6% 2.6% -
💡 Why Invest in 20880? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 20880 (Washington Grove, MD). Anonymous, moderated, never written by AI.

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Property managers serving Montgomery County

Manage rentals here? List your business →

American Community Management provides community association management and HOA services across Maryland, Virginia, and D.C. summary from their website

HOA
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Iko Community Management provides HOA and community association management services in Columbia, MD and Suburban Maryland. summary from their website

HOA
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Melan Property Management delivers proactive property management solutions for multifamily and commercial real estate across Maryland, Washington D.C., and Miami. summary from their website

Small multifamilyCommercial
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+2.2%
Slow

📊 Market Snapshot

Home Value $623,911
Monthly Rent $2,097
Price-to-Rent 24.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.0%
Cap Rate 2.6%
5-Year IRR 4.8%

📈 Home Appreciation

1-Year -1.0% ▼
3-Year CAGR +1.3% ▲
5-Year CAGR +2.2% ▲
10-Year CAGR +3.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
7.8%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.2%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 20880

Population: 590

💰 Median Household Income
$131,528
This area
$131,528
State
$107,932
USA
$74,580
🏠 Renter Occupied
4.6%
This area
4.6%
State
23.8%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-20.0%
USA
3.7%
🎓 College Educated
69.0%
This area
69.0%
State
10.6%
USA
33.7%
👤 Median Age
58.1 years
This area
58.1 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
7.8%
This area
7.8%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
White 77.3%
Black/African American 12.6%
Other/Mixed 7.6%
Hispanic/Latino 4.8%
Asian 2.5%
👶 Under 18
10.3%
This area
10.3%
USA
22.0%
👴 65 and Over
30.3%
This area
30.3%
USA
17.3%
📊 Poverty Rate
2.1%
This area
2.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 20880

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Flower Hill Elementary

📚 Pre-K – 05 Elementary
📍 18425 Flower Hill Way, Gaithersburg
👥
461 Students
👨‍🏫
11.2:1 Class Size
💰
$20,473 Per Student
A+ Excellent

Gaithersburg Elementary

📚 Pre-K – 05 Elementary
📍 35 N Summit Ave, Gaithersburg
👥
665 Students
👨‍🏫
10.1:1 Class Size
💰
$20,473 Per Student
A+ Excellent

Rosemont Elementary

📚 Pre-K – 05 Elementary
📍 16400 Alden Ave, Gaithersburg
👥
595 Students
👨‍🏫
11.0:1 Class Size
💰
$20,473 Per Student
A+ Excellent

Sequoyah Elementary

📚 Pre-K – 05 Elementary
📍 17301 Bowie Mill Rd, Derwood
👥
452 Students
👨‍🏫
11.5:1 Class Size
💰
$20,473 Per Student
A+ Excellent

South Lake Elementary

📚 Pre-K – 05 Elementary
📍 18201 Contour Road, Gaithersburg
👥
780 Students
👨‍🏫
11.2:1 Class Size
💰
$20,473 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 3,271 Off-Campus Students
C+
Montgomery College
17,780 students · 3.0 mi
C
Omega Studios' School of Applied Recording Arts & Sciences
74 students · 6.2 mi
C
Hair Expressions Academy
79 students · 6.3 mi
C
SANS Technology Institute
1,771 students · 7.7 mi
C+
Yeshiva College of the Nations Capital
57 students · 10.3 mi
C+
Avi Career Training
74 students · 13.2 mi
D
Montgomery Beauty School
68 students · 13.4 mi
C+
Washington Adventist University
695 students · 14.2 mi

Investor Insight: With 3,271 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the average home sale price in Washington Grove, MD?

The median home value in Washington Grove, MD is roughly $624K. That puts it reasonable relative to the MD statewide average.

What is the best play in Washington Grove, MD?

A careful cash-flow rentals with hands-on management strategy Washington Grove, MD best. The market produces steady results for that approach at the $624K price point.

What monthly rent should investors expect in Washington Grove, MD?

Expect rents around $2,097/mo per month in Washington Grove, MD. With home values at $624K, the yield math works out to reasonable levels for rental investors.

Is MD a landlord-friendly state?

Washington Grove, MD falls under MD landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

What is the renter demographic in Washington Grove, MD?

Expect a solid tenant pool in Washington Grove, MD. The rental market absorbs $2,097/mo rents without meaningful friction.

You know 20880 now. You don’t know where it ranks.

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How 20880 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV

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Cash Flow → Appreciation → Affordable →
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