How much is a home worth in ZIP code 20877?

The typical home in 20877 is worth $483,555, based on the Zillow Home Value Index.

Are home values rising in 20877?

Home values in 20877 are down 1.9% over the past year, and up 2.9% a year over five years.

What is the typical rent in 20877?

A typical home in 20877 rents for about $2,113 a month, a gross rental yield of 5.2%.

What is the property tax rate in 20877?

The effective property tax rate in 20877 is 0.9% — roughly $4,195 a year on a typical home.

ZIP code 20877 has a population of 38,546 and a median household income of $92,800.

HousingHandbookReference data

…

U.S. ZIP Code · MD20877

Montgomery County · Washington-Arlington-Alexandria, DC-VA-MD-WV

Typical home value

$483,555^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.9%
5-year / yr: +2.9%
10-year / yr: +3.9%

Relative price

vs U.S.: +70.2%
vs metro: -17.6%
vs state: +7.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 20877 is worth $483,555 — 17.6% below the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have fallen 1.9%. Homes here rent for a typical $2,113 a month — a 5.2% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,113^[2]
Gross yield: 5.2%^[2]
Cap rate: 3.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,195^[3]

#Climate risk

FEMA National Risk Index ratings for Montgomery County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 38,546^[3]
Median household income: $92,800^[3]

#Migration

Household moves in and out of Montgomery County over a year, from IRS tax-return data.

Net migration: -6,074^[5]
Moved in: 26,379
Moved out: 32,453

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 6
Middle: 3
High: 1

Gaithersburg High
High · Grades 9–12 · Montgomery County Public Schools
2,454 students
Gaithersburg Middle
Middle · Grades 6–8 · Montgomery County Public Schools
899 students
Forest Oak Middle
Middle · Grades 6–8 · Montgomery County Public Schools
847 students
South Lake Elementary
Elementary · Grades PK–5 · Montgomery County Public Schools
780 students
Gaithersburg Elementary
Elementary · Grades PK–5 · Montgomery County Public Schools
665 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$25,360

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,445

Loan principal$386,844

Down payment$96,711

Total interest paid$493,398

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.51

Monthly cost to own$3,199

Monthly rent$2,113

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 32nd percentile^[1]
Rental yield: 65th percentile^[2]
Property tax: 53rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 20877?: The typical home in 20877 is worth $483,555, based on the Zillow Home Value Index.
Are home values rising in 20877?: Home values in 20877 are down 1.9% over the past year, and up 2.9% a year over five years.
What is the typical rent in 20877?: A typical home in 20877 rents for about $2,113 a month, a gross rental yield of 5.2%.
What is the property tax rate in 20877?: The effective property tax rate in 20877 is 0.9% — roughly $4,195 a year on a typical home.
Who lives in 20877?: ZIP code 20877 has a population of 38,546 and a median household income of $92,800.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

20603 vs 20877 →
Bensville CDP, MD
Typical home
$483,817
Gross yield
6.5%
22718 vs 20877 →
VA
Typical home
$482,006
Gross yield
—
20876
Germantown CDP, MD
Typical home
$485,272
Gross yield
5.1%
20632
MD
Typical home
$485,827
Gross yield
—
25443
Shepherdstown, WV
Typical home
$486,613
Gross yield
3.7%
22405
Falmouth CDP, VA
Typical home
$480,047
Gross yield
5.8%

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Pit ZIP 20877 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MD20877

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