Zumper
modified
15 Hours Ago

Highlights

  • Laundry facilities
  • Walk-in closet
  • Onsite parking
  • Laundry facilities on site
  • Newly renovated kitchen
  • Hardwood floors throughout

Location

Takoma Park, MD 20912, USA|Takoma - DC
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Contact

Management

Evergreen Portfolio

Leasing office

(202) 747-6555

Property Overview

Takoma Place - Chaney is highly rated for its competitive pricing, outstanding amenities, and excellent location, with scores of 10, 9, and 9 respectively. With notable features such as laundry facilities, a newly renovated kitchen, and hardwood floors, it offers a desirable living space. Additionally, the property showcases transparency in its management and provides ample visual representation, making it a strong contender in its market.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Takoma Place - Chaney is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Takoma Place - Chaney has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Less expensive
  • Images Available

Floor plans

1BR/1.0BA1 bed1 bath800 sqft$1,261–$1,442 /mo2 units available****** MOVE IN SPECIAL ********* If you sign a lease on or before Sept 15th, the application fee and administrative fee will be waived. 702 Chaney Drive is an apartment located in Montgomery County. This sunny 1 Bed has a newly renovated kitchen, hardwood floors throughout and walk-in closet in master bedroom. The large windows inside the living space and bedroom allow ample sunlight to enter inside the home. Apply today to secure your new home!! Important Facts: Less than ¼ mile away from Sligo Creek Park. The tenant is responsible for electric through Pepco. Parking onsite at monthly charge of $50 Pet-Friendly - cats and small dogs Laundry Facilities on site. Non-smoking building
2BR/1.0BA2 bed1 bath950 sqft$1,895 /mo1 unit availableCURRENT SPECIAL: WAIVE 1/2 OFF FIRST MONTH'S RENT WHEN MOVE IN BEFORE THE 1ST. 702 Chaney Drive is an apartment located in Montgomery County. This sunny 2 Bed 1 Bath has a newly renovated kitchen, hardwood floors throughout and walk-in closet in master bedroom. The large windows inside the living space and bedroom allow ample sunlight to enter inside the home. Apply today to secure your new home!! Important Facts: Less than ¼ mile away from Sligo Creek Park. The tenant is responsible for electric through Pepco. Parking onsite at monthly charge of $50 Pet-Friendly - cats and small dogs Laundry Facilities on site. Non-smoking building

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Amenities for Takoma Place - Chaney

Apartment Amenities

GasWater

Building

Onsite Laundry
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Contact for more information on pet policy.

Building details

Property details

Units22
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About Takoma Place - Chaney

HomeApartments in Takoma ParkTakoma - DC Takoma Place - Chaney

****** MOVE IN SPECIAL ********* If you sign a lease on or before Sept 15th, the application fee and administrative fee will be waived. 702 Chaney Drive is an apartment located in Montgomery County. This sunny 1 Bed has a newly renovated kitchen, hardwood floors throughout and walk-in closet in master bedroom. The large windows inside the living space and bedroom allow ample sunlight to enter inside the home. Apply today to secure your new home!! Important Facts: Less than ¼ mile away from Sligo Creek Park. The tenant is responsible for electric through Pepco. Parking onsite at monthly charge of $50 Pet-Friendly - cats and small dogs Laundry Facilities on site. Non-smoking building


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Takoma Place - Chaney is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Takoma Place - Chaney has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Takoma Place - Chaney
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Takoma Place - Chaney offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Takoma Place - Chaney goes above and beyond to provide sought-after conveniences and desirable perks, including gas. Renters looking for popular or luxurious features will find them here—and for that reason, Takoma Place - Chaney receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Takoma Place - Chaney is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Takoma Place - Chaney does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Takoma Place - Chaney provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Takoma Place - Chaney compares to other nearby properties.

Positives

More space
The 1-bedroom is 330 sqft larger than other listings nearby
More space
The 2-bedroom is 208 sqft larger than other listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 3 miles away

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Rent trends in Takoma - DC

1-bedroom apartments here are priced 7% lower than 1-bedrooms in Takoma - DC.

If you decide to upgrade your space, you can expect 2-bedrooms at Takoma Place - Chaney to be 10% less than the average for similarly sized apartments in Takoma - DC.

Median rents as of Aug 30 2025.
Takoma - DC
Takoma Park
A table of studio rental data trends in Takoma Park
MonthMedian Rent
September 2023$1,695
October 2023$1,705
November 2023$1,652
December 2023$1,626
January 2024$1,649
February 2024$1,650
March 2024$1,694
April 2024$1,623
May 2024$1,601
June 2024$1,644
July 2024$1,607
August 2024$1,700
September 2024$1,734
October 2024$1,614
November 2024$1,473
December 2024$1,622
January 2025$1,639
February 2025$1,643
March 2025$1,618
April 2025$1,320
May 2025$1,402
June 2025$1,361
July 2025$1,226
August 2025$1,575
A table of studio rental data trends in Takoma - DC
MonthMedian Rent
September 2023$1,695
October 2023$1,705
November 2023$1,701
December 2023$1,644
January 2024$1,649
February 2024$1,675
March 2024$1,735
April 2024$1,707
May 2024$1,616
June 2024$1,649
July 2024$1,624
August 2024$1,715
September 2024$1,747
October 2024$1,659
November 2024$1,688
December 2024$1,655
January 2025$1,645
February 2025$1,650
March 2025$1,611
April 2025$1,661
May 2025$1,676
June 2025$1,519
July 2025$1,450
August 2025$1,713

Affordability calculator

Can I afford to live at Takoma Park?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$50,440/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,440 annually to afford this 1-bedroom monthly rent price of $1,261.
For more information on rent affordability, visit our rent calculator.

Schools near Takoma Place - Chaney

Piney Branch Elementary School

7510 maple ave

takoma park, MD, 20912

3-5Public
A

Takoma Park Elementary School

7511 holly ave

takoma park, MD, 20912

PK, K-2Public
A-

Stephen Knolls School

10731 st margaret's way

kensington, MD, 20895

PK, K-12Public

Carl Sandburg Learning Center

1002 first st

rockville, MD, 20850

K-6Public
B-

Pep - Itinerant

850 hungerford dr room 204

rockville, MD, 20850

PKPublic
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Internet available near Takoma Place - Chaney

Getting around MD 20912 near Takoma Park

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for Takoma Park, MD 20912

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

3/10
Few or no bars within walking distance

Explore the area around Takoma Park

Takoma Park Grocery Store Inc
7605 Maple Ave
Red Top Service Center
949 E West Hwy
Lidl
6881 New Hampshire Ave
Caribbean Market
7505 New Hampshire Ave
Patrick International Shoe Repair
1173 University Blvd E

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