Special Interest
Housing in Montgomery County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Montgomery County averages $940/month for a 2‑bedroom in 2024, compared to the New York median of $1,621 and the national median of $1,413. Local renters spend approximately 30% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Montgomery County FMR Area are $954 for a studio, $961 for 1‑bedroom, $1,179 for 2‑bedroom, $1,477 for 3‑bedroom, and $1,588 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $239 increase for a 2-bedroom in Montgomery County shows a 25% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Montgomery County was 4.3% in 2024, compared to New York at 4.3% and the national rate of 4.0%.
