How much is a home worth in ZIP code 20906?

The typical home in 20906 is worth $447,275, based on the Zillow Home Value Index.

Are home values rising in 20906?

Home values in 20906 are down 0.5% over the past year, and up 2.0% a year over five years.

What is the typical rent in 20906?

A typical home in 20906 rents for about $1,905 a month, a gross rental yield of 5.1%.

What is the property tax rate in 20906?

The effective property tax rate in 20906 is 0.8% — roughly $3,559 a year on a typical home.

ZIP code 20906 has a population of 70,595 and a median household income of $97,521.

HousingHandbookReference data

…

U.S. ZIP Code · MD20906

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

Typical home value

$447,275^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.5%
5-year / yr: +2.0%
10-year / yr: +3.7%

Relative price

vs U.S.: +57.5%
vs metro: -23.8%
vs state: ≈ state median

Price history

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

The typical home in 20906 is worth $447,275 — 23.8% below the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have fallen 0.5%. Homes here rent for a typical $1,905 a month — a 5.1% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,905^[2]
Gross yield: 5.1%^[2]
Cap rate: 3.1%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,559^[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: 70,595^[3]
Median household income: $97,521^[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: 11
Elementary: 7
Middle: 2
High: 2

Wheaton High
High · Grades 9–12 · Montgomery County Public Schools
2,747 students
A. Mario Loiederman Middle
Middle · Grades 6–8 · Montgomery County Public Schools
981 students
Argyle Middle
Middle · Grades 6–8 · Montgomery County Public Schools
919 students
Sargent Shriver Elementary
Elementary · Grades PK–5 · Montgomery County Public Schools
714 students
Weller Road Elementary
Elementary · Grades PK–5 · Montgomery County Public Schools
700 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 yield5.1%

Net yield (after ~40% expenses)3.1%

Annual rent$22,856

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$2,262

Loan principal$357,820

Down payment$89,455

Total interest paid$456,380

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 ratio1.54

Monthly cost to own$2,933

Monthly rent$1,905

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: 19th percentile^[1]
Rental yield: 58th percentile^[2]
Property tax: 37th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

1st for most populous in MDView list →

Frequently asked

How much is a home worth in ZIP code 20906?: The typical home in 20906 is worth $447,275, based on the Zillow Home Value Index.
Are home values rising in 20906?: Home values in 20906 are down 0.5% over the past year, and up 2.0% a year over five years.
What is the typical rent in 20906?: A typical home in 20906 rents for about $1,905 a month, a gross rental yield of 5.1%.
What is the property tax rate in 20906?: The effective property tax rate in 20906 is 0.8% — roughly $3,559 a year on a typical home.
Who lives in 20906?: ZIP code 20906 has a population of 70,595 and a median household income of $97,521.

#Comparable ZIPs

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

22734 vs 20906 →
Remington, VA
Typical home
$446,065
Gross yield
—
21778 vs 20906 →
MD
Typical home
$449,156
Gross yield
—
20879
Flower Hill CDP, MD
Typical home
$449,446
Gross yield
6.1%
22304
Alexandria, VA
Typical home
$450,155
Gross yield
5.5%
20744
Fort Washington CDP, MD
Typical home
$450,720
Gross yield
4.3%
20712
Mount Rainier, MD
Typical home
$450,765
Gross yield
4.3%

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Pit ZIP 20906 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MD20906

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