Most Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are Cloverly, Colesville, and Calverton. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of November 29, 2024, the average rent in Silver Spring is $1,776, which is 0.3% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Cloverly
Average Rent
$1,100/Month
TransitScore® Rating
0/100
Units Available
1 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Cloverly. The average rent is $1,100, compared to the city average of $1,776. Cloverly is convenient to University of Maryland, Ronald Reagan Washington Ntl, and Forest Glen. The community is car-dependent with a WalkScore® of 24.
Colesville
Average Rent
$1,443/Month
TransitScore® Rating
0/100
Units Available
4 Rentals
Colesville is an affordable neighborhood in Silver Spring with an average rent price of $1,443. Compare this to the city average of $1,776. Colesville provides easy access to White Flint, Montgomery College, Rockville, and Wheaton. It’s a car-dependent neighborhood with a WalkScore® of 40.
Calverton
Average Rent
$1,504/Month
Year-Over-Year Rent Change
15.2%
TransitScore® Rating
48/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Calverton might be the perfect place! It has an average rent price of $1,504, while the city’s average stands at $1,776. In the last year, prices have decreased by 15.2%. Calverton is near Orchard Shopping Center, WesTech Village Corner, and Takoma.
Forest Glen
Average Rent
$1,592/Month
Year-Over-Year Rent Change
9%
TransitScore® Rating
0/100
Units Available
8 Rentals
Forest Glen is a top choice for budget-conscious renters for a variety of reasons. The average rent in Forest Glen is $1,592 while the city average is $1,776. This is a 9% difference from last year. Residents enjoy convenient access to Brookside Nature Center, Seminary Place, and Forest Glen. The neighborhood is considered somewhat walkable with a WalkScore® of 50.
White Oak
Average Rent
$1,630/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
41/100
Units Available
84 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out White Oak. The average rent is $1,630, compared to the city average of $1,776. Rent prices have increased by 1%. White Oak is convenient to Brookside Nature Center, Glenmont, and Univ. District of Columbia. The community is somewhat walkable with a WalkScore® of 52.
Fairland
Average Rent
$1,664/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
43/100
Units Available
80 Rentals
Fairland is an affordable neighborhood in Silver Spring with an average rent price of $1,664. Compare this to the city average of $1,776. In the past year, rent prices have decreased by 1.8%. Fairland provides easy access to Fairland Regional Park, Baltimore/Washington International Thurgood Marshall, and Briggs Chaney Center. It’s a car-dependent neighborhood with a WalkScore® of 42.
Aspen Hill
Average Rent
$1,759/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
32/100
Units Available
138 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Aspen Hill might be the perfect place! It has an average rent price of $1,759, while the city’s average stands at $1,776. In the last year, prices have decreased by 3.2%. Aspen Hill is near Wheaton Regional Park, Brookside Nature Center, and Montgomery College, Rockville.
Rossmoor
Average Rent
$1,764/Month
TransitScore® Rating
3/100
Units Available
65 Rentals
Rossmoor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rossmoor is $1,764 while the city average is $1,776. Residents enjoy convenient access to Croydon Creek Nature Center, Glenmont, and Northgate Plaza Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 42.
Wheaton-Glenmont
Average Rent
$1,843/Month
Year-Over-Year Rent Change
5.4%
TransitScore® Rating
52/100
Units Available
180 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Wheaton-Glenmont. The average rent is $1,843, compared to the city average of $1,776. Rent prices have decreased by 5.4%. Wheaton-Glenmont is convenient to Wheaton Regional Park, University of Maryland, and Grosvenor-Strathmore. The community is walkable with a WalkScore® of 82.
Silver Spring Park
Average Rent
$1,877/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
64/100
Units Available
191 Rentals
Silver Spring Park is an affordable neighborhood in Silver Spring with an average rent price of $1,877. Compare this to the city average of $1,776. In the past year, rent prices have increased by 0.8%. Silver Spring Park provides easy access to Forest Glen, Trinity Washington University, and Wheaton. It’s a somewhat walkable neighborhood with a WalkScore® of 64.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.