Arrive Silver Spring
8750 Georgia Ave,
Silver Spring, MD 20910
Studio - 2 Beds | $1,475 - $2,500
Rental Market Trends in Silver Spring, MD
What is the average rent in Silver Spring, MD?
$1,781/month
Average Rent
751 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of December 2024, the average rent in Silver Spring, MD is $1,781 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Silver Spring rent prices are 14% higher than the national average. When you rent an apartment in Silver Spring, you can expect to pay about $1,563 per month for a studio, $1,781 for a one-bedroom apartment, and around $2,036 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,479 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Silver Spring, MD?
In the past year, rent has increased by 0.5%, which averages out to $10 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Silver Spring, MD
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
13%
$1,001 - $1,500/month
57%
$1,501 - $2,000/month
30%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Silver Spring?
Based on current rent prices, White Oak, Colesville and Rossmoor are the most affordable neighborhoods in Silver Spring.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Silver Spring?
Based on current rent prices, Downtown Silver Spring, Calverton and Silver Spring Park are the most expensive neighborhoods in Silver Spring.
Neighborhood
Average Rent
Average Sq Ft
Which Silver Spring neighborhoods have the most rentals available?
The neighborhoods in Silver Spring with the most apartments available are Downtown Silver Spring, Silver Spring Park and Wheaton-Glenmont .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Silver Spring, MD?
Because the average rent in Silver Spring is $1,781, you’ll want to make about $5,936 per month or $71,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Silver Spring, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Silver Spring, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,349/month
$1,634/month
One Bedroom
$1,581/month
$1,967/month
Two Bedroom
$1,876/month
$2,544/month
Three Bedroom
$2,291/month
$3,797/month
Apartment communities in Silver Spring we think you'll love
Property Management Companies in Silver Spring, MD
Bozzuto
-
353
Communities
-
108,640
Units
-
151
Cities
10 Communities in Silver Spring
Southern Management Companies
-
57
Communities
-
22,000
Units
-
32
Cities
9 Communities in Silver Spring
Kay Apartment Communities
-
29
Communities
-
11,248
Units
-
17
Cities
6 Communities in Silver Spring
Quest Management Group
-
19
Communities
-
6,158
Units
-
14
Cities
5 Communities in Silver Spring
Donohoe
-
55
Communities
-
7,116
Units
-
10
Cities
5 Communities in Silver Spring
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
4 Communities in Silver Spring
Grady Management, Inc.
-
51
Communities
-
12,207
Units
-
34
Cities
4 Communities in Silver Spring
Habitat America
-
31
Communities
-
4,501
Units
-
21
Cities
4 Communities in Silver Spring
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.