City · 52,926 residents · Montgomery County, Maryland
Wheaton, Maryland
In Wheaton, a typical home is worth $501,200 and typical rent is $2,163 a month. Compared with all of Montgomery County, the typical home value is 22% lower and typical household income is 16% lower.
Wheaton is in Montgomery County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Montgomery County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Forest Glen, the typical rent is $1,582: 27% less than in Wheaton ($2,163).
2
The typical home in Wheaton is worth $501,200,22% less than in Montgomery County as a whole ($640,300).
3
The typical household income in Wheaton is $111,478,16% less than in Montgomery County as a whole ($132,450).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Wheaton
What homes there are in Wheaton, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Wheaton
Montgomery County
Maryland
United States
Kind of home: Wheaton and its comparisons
Measure
Wheaton
Montgomery County
Maryland
United States
Detached house
60%
47%
51%
61%
Attached house
15%
18%
21%
6%
Building of 2 to 4
Unreliable estimate
2%
4%
8%
Apartments (5 or more)
24%
33%
23%
19%
Mobile home
Unreliable estimate
0%
1%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Wheaton: 60% of homes, more than in Montgomery County (47%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Wheaton
Montgomery County
Maryland
United States
Year built: Wheaton and its comparisons
Measure
Wheaton
Montgomery County
Maryland
United States
Before 1960
51%
20%
26%
26%
1960–1979
21%
29%
25%
24%
1980–1999
10%
30%
28%
25%
2000–2009
10%
11%
12%
14%
2010 or later
8%
10%
9%
11%
The typical home in Wheaton was built in 1960, 20 years before the typical one in Montgomery County.
Homes in Wheaton are bigger: 72% have 3 bedrooms or more; in Montgomery County, 63%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K3%
$300K–$500K43%
$500K–$750K45%
$750K–$1M4%
$1M or moreUnreliable
Value of owner-occupied homes: Wheaton and its comparisons
Measure
Wheaton
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
3%
$300K–$500K
43%
$500K–$750K
45%
$750K–$1M
4%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,4995%
$1,500–$1,99922%
$2,000–$2,49924%
$2,500–$2,99922%
$3,000 or more11%
Monthly rent with utilities: Wheaton and its comparisons
Measure
Wheaton
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
5%
$1,500–$1,999
22%
$2,000–$2,499
24%
$2,500–$2,999
22%
$3,000 or more
11%
With a mortgage
$2,489 a month
Montgomery County: $2,929 a month
Without a mortgage
$745 a month
Montgomery County: $986 a month
Owners with a mortgage
73%
Montgomery County: 70%
The typical cost for an owner with a mortgage in Wheaton is $2,489 a month, less than in Montgomery County ($2,929); without one, $745.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Wheaton+35%
Montgomery County+32%
Maryland+33%
United States+53%
Typical rent
Wheaton+19%
Montgomery County+17%
Maryland+23%
United States+33%
Typical household income
Wheaton+30%
Montgomery County+22%
Maryland+22%
United States+29%
Change since 2015–2019: Wheaton and its comparisons
Measure
Wheaton
Montgomery County
Maryland
United States
Typical home value
+35%
+32%
+33%
+53%
Typical rent
+19%
+17%
+23%
+33%
Typical household income
+30%
+22%
+22%
+29%
The typical home value in Wheaton rose 35% since 2015–2019, about the same as in Montgomery County (32%).
Much as in Montgomery County, the typical rent in Wheaton rose 19% since 2015–2019.
While home values in Wheaton changed +35% and rent +19%, the typical household income rose 30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Wheaton and its comparisons
Measure
Wheaton
Montgomery County
Maryland
United States
Rental vacancy
Unreliable estimate
3.7%
4.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
0.8%
0.9%
More than one person per room
7.0%
3.3%
2.5%
3.4%
People per household
3.11
2.72
2.57
2.53
Drive alone
57%
53%
65%
69%
Carpool
10%
8%
8%
9%
Public transit
11%
8%
4%
3%
Walk or bike
1%
2%
2%
3%
Work from home
20%
28%
19%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
30 to 39 minutes
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
More households are short on space in Wheaton: 7.0% have more than one person per room; in Montgomery County, 3.3%.
More people live in each home here: 3.11 on average, against 2.72 in Montgomery County.
Public transit matters here: 11% of workers take it to work, against 8% in Montgomery County.
Do the math
What would you pay each month for a home in Wheaton?
A typical home costs more than the typical income allows
We start with a typical home in Wheaton, worth $501,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Wheaton, which is $111,478 a year. For that payment to be 28% of income, a household would need to earn about $176,543 a year.
The calculator's FHA and conventional loan limits are those of all of Montgomery County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Wheaton. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $17,542 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,119
at 7.18% · 30 years
Loan amount
$492,122
Total interest
$708,048
Paid off in
November 2056
Includes $8,464 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,601 a month
Tight
$2,601 to $3,344 a month
Hard
more than $3,344 a month
Your payment · 44%
Compared with the typical household income in Wheaton ($111,478 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,334
Property tax
$355
Home insurance
$209
FHA mortgage insurance (MIP)
$222
You need at least $17,542 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,119; principal and interest $3,334.
The city and its county
Wheaton and Montgomery County
Wheaton is in Montgomery County, Maryland. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Wheaton
Map of Montgomery County, Maryland, with Wheaton marked. Around it, the neighboring counties.
Wheaton
Montgomery County
Other cities with a page
Wheaton's own numbers
Typical home value
$501,200
Typical monthly rent
$2,163
Typical yearly household income
$111,478
Households that own their home
65%
Effective property tax rate
0.85%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Montgomery County
FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,249,125
HUD fair market rent, 2 bedrooms
$2,438
Price change over 5 years (FHFA)
+35%
Homes in a high flood-risk zone
0.1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Montgomery County.
A typical home in Wheaton is worth $501,200: 22% below the county and 19% above Maryland. With the typical household income in Wheaton ($111,478 a year), a typical home costs 4.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Wheaton4.5 years
Montgomery4.8 years
Maryland4.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Montgomery County
According to FHFA’s house price index, home prices in Montgomery County rose 50% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Montgomery County.
Yearly change in FHFA’s price index in Montgomery County, 2016 to 2025
2016: +2.5% +2.5% 2016
2017: +2.5% +2.5% 2017
2018: +2.3% +2.3% 2018
2019: +2.2% +2.2% 2019
2020: +1.4% +1.4% 2020
2021: +8.7% +8.7% 2021
2022: +10.1% +10.1% 2022
2023: +5.8% +5.8% 2023
2024: +5.3% +5.3% 2024
2025: +1.3% +1.3% 2025
Change in FHFA’s price index in Montgomery County, Maryland and the United States
Period
County
Maryland
U.S.
Last year (2025)
+1.3%
+2.7%
+2.9%
5 years (2020–2025)
+35%
+40%
+47%
10 years (2015–2025)
+50%
+60%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Wheaton next to Montgomery County, Maryland and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Wheaton$501,200
Montgomery$640,300
Maryland$419,900
United States$332,700
Typical monthly rent
Wheaton$2,163
Montgomery$2,068
Maryland$1,705
United States$1,413
Typical yearly household income
Wheaton$111,478
Montgomery$132,450
Maryland$103,678
United States$80,734
See the full table
Wheaton next to Montgomery County and Maryland
Measure
Wheaton
Montgomery County
Maryland
U.S.
Typical home value
$501,200 ▼22% below the county
$640,300
$419,900
$332,700
Typical monthly rent
$2,163 ▲5% above the county
$2,068
$1,705
$1,413
Typical yearly household income
$111,478 ▼16% below the county
$132,450
$103,678
$80,734
Households that own their home
65% ▼1 points below the county
65%
68%
65%
Typical yearly property tax
$4,254 ▼23% below the county
$5,539
$4,093
$3,119
Effective property tax rate
0.85% ▼0.02 points below the county
0.87%
0.97%
0.94%
Renters with high rent for their income
47% ▼5 points below the county
52%
51%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Montgomery County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Wheaton
For a typical $501,200 home in Wheaton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Wheaton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,119a month
Least cash to close
Down payment
$17,542
Cash to close
$32,578
Rate
7.18%
Mortgage insurance
FHA MIP · $222
Conventional, 5% down$4,027a month
Down payment
$25,060
Cash to close
$40,096
Rate
7.18%
Mortgage insurance
PMI · $238
Conventional, 20% down, no PMI$3,280a month
Down payment
$100,240
Cash to close
$115,276
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,743a month
Down payment
$75,180
Cash to close
$90,216
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Wheaton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,119
$17,542
$492,122
7.18%
FHA MIP · $222
$32,578
580
Conventional, 5% down
$4,027
$25,060
$476,140
7.18%
PMI · $238
$40,096
620*
Conventional, 20% down, no PMI
$3,280
$100,240
$400,960
7.18%
None
$115,276
620*
ITIN, 15% down (example)
$3,743
$75,180
$426,020
8.18%
None
$90,216
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Wheaton and for Montgomery County.
Property tax
Effective rate in Wheaton
0.85%of the home’s value each year
$4,254 a year for the typical owner in Wheaton.
Wheaton0.85%
Montgomery0.87%
Maryland0.97%
What Maryland publishesHomestead tax credit (cap on yearly assessment increases) (Maryland General Assembly (Annotated Code of Maryland, Tax-Property Article))
Typical rent in Wheaton is $2,163 a month: 5% above the county. In Wheaton, 47% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Montgomery County, by unit size. To pay the 2-bedroom one ($2,438 a month) without spending more than 30% of your income, you would need to earn $46.88 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Montgomery County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$2,111
$40.60
$84,440
1 bedroom
$2,204
$42.38
$88,160
2 bedrooms
$2,438
$46.88
$97,520
3 bedrooms
$3,107
$59.75
$124,280
4 bedrooms
$3,658
$70.35
$146,320
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Wheaton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Wheaton has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,390 in 20906 to $2,590 in 20902.
1 of the 2 is above the fair market rent for Montgomery County ($2,438).
Fair market rent by ZIP code and size in Wheaton, fiscal year 2027.
20902
$2,240
$2,340
$2,590
$3,300
$3,890
20906
$2,070
$2,160
$2,390
$3,050
$3,590
ZIP code2 bd3 bd
20902 $2,590$3,300
20906 $2,390$3,050
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Wheaton when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 4 buildings with rents for lower incomes in Wheaton. These are the largest.
Georgian Woods2121 Shorefield Rd, Wheaton 20902371 low-income homes · In service since 2007
Pembridge Square Apts2300 Blueridge Ave, Wheaton 20902133 homes, 120 low-income · Studio: 5 · 1 bd: 24 · 2 bd: 87 · 3 bd: 17 · In service since 2004 · For families
Wheaton Metro Kiss & Ride11175 Georgia Ave, Wheaton 2090253 low-income homes · 1 bd: 34 · 2 bd: 16 · 3 bd: 3 · In service since 2008 · For people with disabilities, families
Hughes Housing Inc10720 Georgia Ave, Wheaton 2090223 low-income homes · For older adults(301) 929-8881
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 3 HUD-approved agencies with an office in Montgomery County; 3 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Wheaton or Montgomery County. The ones below are statewide in Maryland: they work in Wheaton the same as in the rest of the state.
Maryland Mortgage Program mortgages for first-time buyers, with a deferred 0% second mortgage for the down payment: $6,000, or 3%, 4% or 5% of the loan.Offered by Maryland Mortgage Program (Maryland Department of Housing and Community Development).
Maryland Mortgage Program mortgages for first-time buyers and for people who have owned a home before; Flex 6000 brings $6,000 and Flex 3% brings 3% of the loan for the down payment, as a deferred 0% second loan.Offered by Maryland Mortgage Program (Maryland Department of Housing and Community Development).
Maryland Mortgage Program loan of up to 15% of the price (maximum $25,000) to pay off your student debt when you buy a home; no interest or monthly payments, and forgiven after five years if you stay in the home.Offered by Maryland Mortgage Program (Maryland Department of Housing and Community Development).
No legal help resource on our list is for Wheaton or Montgomery County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Wheaton and all of Montgomery County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Wheaton?
The typical home value in Wheaton is $501,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Montgomery County it is $640,300.
How much does it cost to rent in Wheaton?
Typical rent in Wheaton is $2,163 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Montgomery County is $2,438.
What is the FHA loan limit in Wheaton?
Wheaton uses the FHA limit for all of Montgomery County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.
How much property tax do owners pay in Wheaton?
The typical homeowner in Wheaton pays $4,254 a year, according to the U.S. Census Bureau. That is 0.85% of the home’s value; in Montgomery County, the rate is 0.87%.
Where can I find free help to buy or rent in Wheaton?
There are 3 HUD-approved counseling agencies with an office in Montgomery County. 3 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
