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Chevy Chase CDP, MD

ZIP 20815 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 20815

Median Home Value
$1,230,700
Median Rent
$2,309
Affordability Snapshot
$339,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,906/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

44.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 20815 in Chevy Chase CDP, MD, a household would need roughly $339,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $7,906. That is about 71% above the local median household income ($198,243), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
66.5%+2% vs US avg
x
Vacancy Rate
6.9%-33% vs US avg
x
Broadband Access
96.4%+11% vs US avg
x
4+ Bedrooms
17.6%+19% vs US avg
x
Built Pre-1939
9.5%-26% vs US avg
x
Built Post-2014
0.7%-89% vs US avg
x
Rent Burden >30%
28.8%-42% vs US avg
x
Mortgage-Free
36.7%-4% vs US avg
x
$1,230,700
Home Value
$2,309
Rent
1964
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached48.9%
  • 1-unit attached4.9%
  • 2-9 units2.9%
  • 10+ units43.2%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,230,700
Median rent$2,309
Owner-occupied66.5%
Vacant6.9%
Price-to-income6.2x
Est. income to buy$339,000