Cheapest Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are White Oak, Aspen Hill, and Rossmoor. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of June 16, 2026, the average rent in Silver Spring is $1,749, which is 3.7% lower 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
$1,562/Month
Year-Over-Year Rent Change
8.2%
Units Available
86 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, White Oak might be the perfect place! It has an average rent price of $1,562, while the city’s average stands at $1,749. In the last year, prices have decreased by 8.2%. White Oak is near Takoma, Shoppes of Burnt Mills, and Brookside Nature Center.
Aspen Hill
Average Rent
$1,674/Month
Year-Over-Year Rent Change
9.9%
Units Available
149 Rentals
Aspen Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Aspen Hill is $1,674 while the city average is $1,749. This is a -9.9% difference from last year. Residents enjoy convenient access to Universities at Shady Grove, Croydon Creek Nature Center, and Northgate Plaza Shopping Center.
Rossmoor
Average Rent
$1,684/Month
Units Available
62 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Rossmoor. The average rent is $1,684, compared to the city average of $1,749. Rossmoor is convenient to Meadowside Nature Center, Baltimore/Washington International Thurgood Marshall, and University of Maryland.
Fairland
Average Rent
$1,763/Month
Year-Over-Year Rent Change
1.7%
Units Available
154 Rentals
Fairland is an affordable neighborhood in Silver Spring with an average rent price of $1,763. Compare this to the city average of $1,749. In the past year, rent prices have decreased by 1.7%. Fairland provides easy access to Catholic University, Maydale Conservation Park and Nature Center, and WesTech Village Corner.
Silver Spring Park
Average Rent
$1,813/Month
Year-Over-Year Rent Change
2.2%
Units Available
290 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Silver Spring Park might be the perfect place! It has an average rent price of $1,813, while the city’s average stands at $1,749. In the last year, prices have decreased by 2.2%. Silver Spring Park is near University of Maryland Observatory, Baltimore/Washington International Thurgood Marshall, and Catholic University.
Calverton
Average Rent
$1,848/Month
Year-Over-Year Rent Change
0.2%
Units Available
43 Rentals
Calverton is a top choice for budget-conscious renters for a variety of reasons. The average rent in Calverton is $1,848 while the city average is $1,749. This is a -0.2% difference from last year. Residents enjoy convenient access to Fairland Regional Park, UMD Observatory, and Maryland Farms Shopping Center.
Wheaton-Glenmont
Average Rent
$1,853/Month
Year-Over-Year Rent Change
0.2%
Units Available
158 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Wheaton-Glenmont. The average rent is $1,853, compared to the city average of $1,749. Rent prices have decreased by 0.2%. Wheaton-Glenmont is convenient to Glenmont Shopping Center, White Flint, and Wheaton Shopping Center.
Downtown Silver Spring
Average Rent
$2,065/Month
Year-Over-Year Rent Change
3.1%
Units Available
520 Rentals
Downtown Silver Spring is an affordable neighborhood in Silver Spring with an average rent price of $2,065. Compare this to the city average of $1,749. In the past year, rent prices have decreased by 3.1%. Downtown Silver Spring provides easy access to Hillwood Estate, Museum & Gardens, Montgomery Coll., Takoma Park, and Wheaton.
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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.