11 Hours Ago
Highlights
- Energy efficient windows
- Luxury vinyl flooring
- Updated kitchen with stainless steel appliances
Location
40 N Summit Ave, Gaithersburg, MD 20877, USA
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Property Overview
40 N. Summit Avenue earns a strong overall impression with an 8.4/10 expert rating, supported by standout value, convenience, and dependable listing details. Its competitive pricing, high location score, and solid amenities are complemented by energy efficient windows, luxury vinyl flooring, and an updated kitchen with stainless steel appliances, while nearby school access and strong value for money add to its appeal.
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.
Things you’ll love
Elementary school nearby- Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 700 sqft | $1,650 /mo | 1 unit available | *For any lease that begings by August 1, 2026, rent will be 50% off for the month of August 2026. Welcome to this recently renovated apartment located in Old Town Gaithersburg just 1/4 mile to the MARC train. Close to shopping, schools, parks, and so much more. Updated kitchen, including cabinets, counter tops, stainless steel range, stainless steel refrigerator, sink, and washer/dryer. Recent Carpeting in bedrooms Recent Luxury Vinyl Flooring Recent Windows for energy efficiency Recent AC units 1 Assigned Parking Space Tenant responsible for electric For more information or to schedule an appointment to view the property, please call Jay Crosby at Menkis Real Estate 301-946-4050 Ext. 1 This is a Non-Smoking/No Pets Property NOTE: If you are interested in the property and submit a rental application, there is a non-refundable application fee of $25.00 for each adult applicant/occupant. Menkis Real Estate Main Office: 301-946-4050 Equal Housing Opportunity |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 6 |
|---|
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About 40 N. Summit Avenue
*For any lease that begings by August 1, 2026, rent will be 50% off for the month of August 2026. Welcome to this recently renovated apartment located in Old Town Gaithersburg just 1/4 mile to the MARC train. Close to shopping, schools, parks, and so much more. Updated kitchen, including cabinets, counter tops, stainless steel range, stainless steel refrigerator, sink, and washer/dryer. Recent Carpeting in bedrooms Recent Luxury Vinyl Flooring Recent Windows for energy efficiency Recent AC units 1 Assigned Parking Space Tenant responsible for electric For more information or to schedule an appointment to view the property, please call Jay Crosby at Menkis Real Estate 301-946-4050 Ext. 1 This is a Non-Smoking/No Pets Property NOTE: If you are interested in the property and submit a rental application, there is a non-refundable application fee of $25.00 for each adult applicant/occupant. Menkis Real Estate Main Office: 301-946-4050 Equal Housing Opportunity
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 40 N. Summit Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 40 N. Summit Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
40 N. Summit Avenue 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·8A 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.
With multiple in-demand amenities, 40 N. Summit Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
40 N. Summit Avenue 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 40 N. Summit Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 40 N. Summit Avenue compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Gaithersburg
2-bedroom apartments at 40 N. Summit Avenue cost about 26% less than the average rent price for 2-bedroom apartments in Gaithersburg.
Median rents as of Jun 27 2026.
Gaithersburg
| Month | Median Rent |
|---|---|
| July 2024 | $1,812 |
| August 2024 | $1,806 |
| September 2024 | $1,699 |
| October 2024 | $1,723 |
| November 2024 | $1,737 |
| December 2024 | $1,812 |
| January 2025 | $1,747 |
| February 2025 | $1,740 |
| March 2025 | $1,717 |
| April 2025 | $1,702 |
| May 2025 | $1,672 |
| June 2025 | $1,738 |
| July 2025 | $1,878 |
| August 2025 | $1,804 |
| September 2025 | $1,868 |
| October 2025 | $1,924 |
| November 2025 | $1,829 |
| December 2025 | $1,741 |
| January 2026 | $1,720 |
| February 2026 | $1,709 |
| March 2026 | $1,791 |
| April 2026 | $1,784 |
| May 2026 | $1,705 |
| June 2026 | $1,657 |
Affordability calculator
Can I afford to live at 40 N Summit Ave?
Bedrooms
2 bedroomsRent-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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 2-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 40 N. Summit Avenue
Gaithersburg Elementary School
35 n summit ave
gaithersburg, MD, 20877
PK, K-5Public
B-
Pep - Itinerant
850 hungerford dr room 204
rockville, MD, 20850
PKPublic
Carl Sandburg Learning Center
1002 first st
rockville, MD, 20850
K-6Public
B-
Longview School
13900 bromfield rd
germantown, MD, 20874
K-12Public
Bayard Rustin Elementary School
332 w edmonston dr
rockville, MD, 20852
PK, K-5Public
A
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Internet available near 40 N. Summit Avenue
Getting around Gaithersburg near 40 N Summit Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 40 N Summit Ave, Gaithersburg
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
3/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
4/10
Some bars within walking distance
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