Property Management in Montgomery County, Maryland

Renting vs Selling

What's the best option for me?

We're here to help you answer that question. We can talk to you about a free rental analysis to determine what your Montgomery County home might rent for. This will help inform your decision on how to move forward. If renting is the best option for you, we're here to help!

Check out the "Napkin Test" video below to see the math, and why renting may be the best option for you. 

Check out this great Calculator tool put out by NARPM* to help you do the math!

NARPM's Rent Vs Sell Calculator

For more information, check out our blog post about Renting vs Selling Here!

*Renters Warehouse is a proud member of the National Association of Property Managers (NARPM).

How much will my home rent for?

Let us help you with your FREE rental price analysis! 

We'll connect you with your Local Rent Estate Advisor who will run reports and use their expertise to determine what your home will rent for in the current market. We use various data points to determine a price point tailored just for you and your home. To get started, fill out our free rental price analysis form or click the button below and one of our team members will reach out to you to get started. 

Looking for more information on how our Free Rental Price Analysis works? Check out the video below! Or check out our Rent Vs Sell Guide Here.

Becoming a Landlord in Montgomery County

It may seem complicated, but Renters Warehouse is here to make it easy!

But before we get started, here are a few things you should know; In order to rent a home in Montgomery County, you will need a Rental License; you may also need to have your home tested for Radon and for Lead. Don't worry, we've got you covered. 

Do I need a Montgomery County Rental License? 

Yes, you will need a rental license anywhere you live within Montgomery County. However, certain cities in the county have their own license. In these cases, you only need your local license, not the county license. These areas include the City of Rockville, City of Gaithersburg, and City of Takoma Park. You can apply online, or obtain applications at the following links: 

Montgomery County Rental License Application

Gaithersburg Rental License Application

City of Rockville Rental License Application

Takoma Park Rental License (English) | Takoma Park Rental License (Spanish)

Do I need a Lead Certificate?

If your home is built before 1978, the answer is yes. There are two main types of certificates: Lead Free* and a Risk Reduction. A lead free certificate is a one time certification that the home is lead free. These are harder to obtain in older homes, so instead you may obtain a risk-reduction certificate. A risk-reduction certificate must be obtained every change of tenancy, no matter how short or long the tenancy lasts. Montgomery County's Lead Requirements ensure that Landlords are in compliance with Maryland Lead Law. You will need to register your property with MDE here to verify that you have your lead certificate, and don't forget to renew annually.* Your Renters Warehouse Advisor can connect you with a local certified Lead Inspector. 

*A lead free certificate will certify that the home is lead free. You will only need to register your home with the MDE once.

Do I need a Radon Test? 

Does your rental home have all ground-contact or or is it a basement unit in a single family home, multifamily apartment, or condominium? If so, the answer is yes. According to Montgomery County's Radon Testing and Mitigation, beginning July 1, 2023, "Landlords of these properties must conduct a radon test before leasing a unit to a prospective tenant within three years before the date of the lease." Your Renters Warehouse Advisor can assist you in connecting with a local certified radon testing company.