Best Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are Highland View of Sligo Park, Montgomery Knolls, and Gate Stone. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of March 17, 2026, the average rent in Silver Spring is $1,760, which is 2.6% 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.
Highland View of Sligo Park
Average Rent
$1,520/Month
TransitScore® Rating
55/100
Units Available
17 Rentals
Highland View of Sligo Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highland View of Sligo Park is $1,520 while the city average is $1,760. Residents enjoy convenient access to Flower Avenue Shopping Center, UMD Observatory, and Forest Glen. The neighborhood is considered car-dependent with a WalkScore® of 49.
Montgomery Knolls
Average Rent
$1,560/Month
Units Available
10 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Montgomery Knolls. The average rent is $1,560, compared to the city average of $1,760. Montgomery Knolls is convenient to Montgomery College Planetarium, Ronald Reagan Washington Ntl, and Lake Artemisia Natural Area Park.
Gate Stone
Average Rent
$1,581/Month
TransitScore® Rating
53/100
Units Available
32 Rentals
Gate Stone is an affordable neighborhood in Silver Spring with an average rent price of $1,581. Compare this to the city average of $1,760. Gate Stone provides easy access to Trinity Washington University, Wheaton, and White Oak Town Center. It’s a car-dependent neighborhood with a WalkScore® of 35.
Dumont Oaks
Average Rent
$1,590/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Dumont Oaks might be the perfect place! It has an average rent price of $1,590, while the city’s average stands at $1,760. Dumont Oaks is near Glenmont, Brookside Gardens, and Montgomery Coll., Takoma Park.
Rossmoor
Average Rent
$1,606/Month
TransitScore® Rating
3/100
Units Available
70 Rentals
Rossmoor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rossmoor is $1,606 while the city average is $1,760. Residents enjoy convenient access to Universities at Shady Grove, Northgate Plaza Shopping Center, and Twinbrook. The neighborhood is considered car-dependent with a WalkScore® of 42.
Oxford Crossing
Average Rent
$1,611/Month
TransitScore® Rating
0/100
Units Available
69 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Oxford Crossing. The average rent is $1,611, compared to the city average of $1,760. Oxford Crossing is convenient to Brookside Gardens, Northgate Plaza Shopping Center, and Leisureworld Plaza. The community is car-dependent with a WalkScore® of 32.
Layhill South
Average Rent
$1,613/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
Layhill South is an affordable neighborhood in Silver Spring with an average rent price of $1,613. Compare this to the city average of $1,760. Layhill South provides easy access to Wheaton Park, Montgomery Coll., Takoma Park, and Maydale Conservation Park and Nature Center. It’s a car-dependent neighborhood with a WalkScore® of 15.
White Oak
Average Rent
$1,620/Month
Year-Over-Year Rent Change
4.8%
TransitScore® Rating
42/100
Units Available
71 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 $1,620, while the city’s average stands at $1,760. In the last year, prices have decreased by 4.8%. White Oak is near University of Maryland Observatory, Glenmont, and Shoppes of Burnt Mills.
Springbrook Village
Average Rent
$1,621/Month
Units Available
10 Rentals
Springbrook Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Springbrook Village is $1,621 while the city average is $1,760. Residents enjoy convenient access to University of Maryland, Baltimore/Washington International Thurgood Marshall, and Silver Spring.
Glenmont Village
Average Rent
$1,661/Month
Units Available
15 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Glenmont Village. The average rent is $1,661, compared to the city average of $1,760. Glenmont Village is convenient to Montgomery Coll., Takoma Park, Grosvenor-Strathmore, and Baltimore/Washington International Thurgood Marshall.
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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.