Most Affordable Neighborhoods in Silver Spring, MD

Some of the cheapest neighborhoods in Silver Spring are White Oak, Forest Glen, and Colesville. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of January 1, 2025, the average rent in Silver Spring is $1,781, which is 0.5% 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.

White Oak

Average Rent

$1,569/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

41/100

Units Available

94 Rentals

White Oak is an affordable neighborhood in Silver Spring with an average rent price of $1,569. Compare this to the city average of $1,781. In the past year, rent prices have decreased by 0.8%. White Oak provides easy access to UMD Observatory, Montgomery Coll., Takoma Park, and Baltimore/Washington International Thurgood Marshall. It’s a somewhat walkable neighborhood with a WalkScore® of 52.

Forest Glen

Average Rent

$1,614/Month

Year-Over-Year Rent Change

9.2%

TransitScore® Rating

0/100

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Silver Spring, Forest Glen might be the perfect place! It has an average rent price of $1,614, while the city’s average stands at $1,781. In the last year, prices have increased by 9.2%. Forest Glen is near Silver Spring, Seminary Place, and Wheaton.

Colesville

Average Rent

$1,690/Month

TransitScore® Rating

0/100

Units Available

3 Rentals

Colesville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Colesville is $1,690 while the city average is $1,781. Residents enjoy convenient access to Ronald Reagan Washington Ntl, Baltimore/Washington International Thurgood Marshall, and Maydale Conservation Park and Nature Center. The neighborhood is considered car-dependent with a WalkScore® of 40.

Rossmoor

Average Rent

$1,716/Month

TransitScore® Rating

3/100

Units Available

62 Rentals

When you’re looking for a great Silver Spring neighborhood on a budget, check out Rossmoor. The average rent is $1,716, compared to the city average of $1,781. Rossmoor is convenient to Montgomery Coll., Takoma Park, Montgomery College, Rockville, and Brookside Gardens. The community is car-dependent with a WalkScore® of 42.

Fairland

Average Rent

$1,717/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

43/100

Units Available

86 Rentals

Fairland is an affordable neighborhood in Silver Spring with an average rent price of $1,717. Compare this to the city average of $1,781. In the past year, rent prices have increased by 1%. Fairland provides easy access to Montgomery Coll., Takoma Park, University of Maryland Observatory, and Ronald Reagan Washington Ntl. It’s a car-dependent neighborhood with a WalkScore® of 42.

Aspen Hill

Average Rent

$1,743/Month

Year-Over-Year Rent Change

3%

TransitScore® Rating

32/100

Units Available

132 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 $1,743, while the city’s average stands at $1,781. In the last year, prices have decreased by 3%. Aspen Hill is near Twinbrook, University of Maryland, and Glenmont.

Wheaton-Glenmont

Average Rent

$1,808/Month

Year-Over-Year Rent Change

6%

TransitScore® Rating

52/100

Units Available

159 Rentals

Wheaton-Glenmont is a top choice for budget-conscious renters for a variety of reasons. The average rent in Wheaton-Glenmont is $1,808 while the city average is $1,781. This is a -6% difference from last year. Residents enjoy convenient access to Glenmont Shopping Center, Wheaton Shopping Center, and University of Maryland. The neighborhood is considered walkable with a WalkScore® of 82.

Silver Spring Park

Average Rent

$1,845/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

64/100

Units Available

214 Rentals

When you’re looking for a great Silver Spring neighborhood on a budget, check out Silver Spring Park. The average rent is $1,845, compared to the city average of $1,781. Rent prices have increased by 1.2%. Silver Spring Park is convenient to UMD Observatory, Takoma Park Shopping Center, and Wheaton Regional Park. The community is somewhat walkable with a WalkScore® of 64.

Calverton

Average Rent

$1,964/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

48/100

Units Available

45 Rentals

Calverton is an affordable neighborhood in Silver Spring with an average rent price of $1,964. Compare this to the city average of $1,781. In the past year, rent prices have decreased by 0.9%. Calverton provides easy access to University of Maryland, Maydale Conservation Park and Nature Center, and Baltimore/Washington International Thurgood Marshall. It’s a car-dependent neighborhood with a WalkScore® of 47.

Downtown Silver Spring

Average Rent

$2,119/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

86/100

Units Available

503 Rentals

If you’re looking for a great, affordable neighborhood in Silver Spring, Downtown Silver Spring might be the perfect place! It has an average rent price of $2,119, while the city’s average stands at $1,781. In the last year, prices have increased by 2%. Downtown Silver Spring is near Montgomery Coll., Takoma Park, Audubon Naturalist-Woodend Sanctuary, and Rock Creek Park.

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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.