Commercial Real Estate Market in Rockville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
284 active listings and 5,048 off-market properties in Rockville, MD. Commercial property asks $165/SF to buy and $15.55/SF/Yr to lease.
Market Trends
Rockville, MD spans 80.6 square miles in Montgomery County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rockville, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Rockville, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Rockville, MD runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Rockville, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 50.9%
- Planned_development 18.5%
- Mixed use 15.4%
- Open space 12%
- Industrial 2.6%
Largest Zones share of zoned land by district
Planned Development
Single Unit Detached Dwelling Residential
Single Unit Detached Dwelling Restricted Residential
Park Zone
Residential Estate
Single Unit Detached Dwelling Residential (R-60)
Dwelling, Restricted Residential ("R-90") 7,500 square feet minimum lot area Single unit Detached Dwelling, Residential ("R-75") 6,000 (or 5,000) square feet minimum lot area Single unit Detached Dwelling, Residential ("R-60") 4,000 square feet minimum lot area Single unit Semi-detached Dwelling, Residential ("R-40") NOTES: 1. Provisions for medium density r…
Market overview
Demographics & Economy
Rockville, MD has 212,031 residents in 84,042 households. Density runs 2,629 people per square mile. Median household income here is $159,252 and median gross rent $2,416 a month.
212,031
Population
84,042
Households
2.5
Avg Household Size
41
Median Age
69%
College-Educated
93%
High-School Grad
80.6 sq mi
ZIP Area
2,629
Density / Sq Mi
$159,252
Median Household Income
$81,689
Median Earnings
$2,416
Median Rent
$749,208
Median Home Value
Tools
Lease vs Buy Breakeven
At $15.55/SF/Yr lease vs $165/SF buy → buying wins if held > 1.6 years.
At a 9.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Derwood | — | — |
| North Bethesda | — | — |
| Aspen Hill | — | — |
| Garrett Park | — | — |
Commercial property in Rockville, MD asks $165/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rockville?
Commercial property in Rockville, MD asks an average of $165 per square foot. The 8 most recent recorded sales traded at a median of $1,840/SF.
How much does it cost to lease commercial space in Rockville?
Asking lease rates in Rockville, MD average $15.55 per square foot per year.
Is it cheaper to lease or buy commercial space in Rockville?
Buying beats leasing in Rockville, MD if the property is held longer than 1.6 years, comparing $15.55/SF/Yr asking rent with $165/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Rockville market data come from?
Realmo compiles Rockville, MD figures from 8 recent recorded sales, 106 active sale listings, 178 active lease listings, 5,048 tracked off-market properties, the current Rockville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 106 active for-sale and 178 active for-lease listings in Rockville, MD. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,100 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
