Mortgage Rates in Rockville, Maryland — March 2026
Updated March 2026 | Based on Rockville market data and regional lending conditions
Rockville is a growing city in Maryland with a population of 68,401. The current 30-year fixed mortgage rate in Rockville is 6.7%, which is 0.05% above the national average. With a median home price of $565,000 and a 20% down payment of $113,000, homebuyers can expect a monthly principal and interest payment of approximately $2,917.
Current Mortgage Rates in Rockville, MD
Below are the current average mortgage rates available in the Rockville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Rockville Housing Market Overview
The Rockville housing market is competitive with prices well above the national median. The median household income in Rockville is $102,250, and the cost of living index is 128.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $146,614 to comfortably afford the median-priced home in Rockville, which exceeds the current median household income.
Monthly Payment Breakdown for Rockville
Based on the median home price of $565,000 with 20% down ($113,000), here is what you can expect to pay monthly in Rockville:
15-Year vs. 30-Year Mortgage in Rockville
Choosing a 15-year mortgage in Rockville at 5.94% instead of a 30-year at 6.7% would save you $366,120 in total interest over the life of the loan. However, your monthly payment would be $3,800 instead of $2,917 — an increase of $883 per month.
Calculate Your Rockville Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Rockville
What are the current mortgage rates in Rockville, MD?
As of March 2026, the average 30-year fixed mortgage rate in Rockville, Maryland is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Rockville?
Based on the median home price of $565,000 with 20% down, the estimated monthly mortgage payment in Rockville is $2,917 for principal and interest. Including property taxes of $504/month, the total monthly housing cost is approximately $3,421.
What income do I need to buy a home in Rockville?
Using the 28% rule, you would need an annual income of approximately $146,614 to afford the median-priced home in Rockville at $565,000. The median household income in Rockville is $102,250. This means most households would need to either earn above the median or consider homes below $565,000.
Is Rockville a good place to buy a home in 2026?
Rockville has a higher cost of living than average with a cost of living index of 128.5 (national average = 100). The property tax rate in Maryland is 1.07%, which is near the national average. Rockville has a population of 68,401 and offers a balanced lifestyle.
Mortgage Rates in Other Maryland Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Rockville, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.