Best Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are White Oak, Rossmoor, and Aspen Hill. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of May 2, 2026, the average rent in Silver Spring is $1,752, which is 3.5% 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
$1,597/Month
Year-Over-Year Rent Change
6.4%
Units Available
99 Rentals
White Oak is a top choice for budget-conscious renters for a variety of reasons. The average rent in White Oak is $1,597 while the city average is $1,752. This is a -6.4% difference from last year. Residents enjoy convenient access to Ronald Reagan Washington Ntl, Woodmoor Shopping Center, and Shoppes of Burnt Mills.
Rossmoor
Average Rent
$1,646/Month
Units Available
68 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Rossmoor. The average rent is $1,646, compared to the city average of $1,752. Rossmoor is convenient to Northgate Plaza Shopping Center, Montgomery College, Rockville, and Croydon Creek Nature Center.
Aspen Hill
Average Rent
$1,705/Month
Year-Over-Year Rent Change
9.1%
Units Available
167 Rentals
Aspen Hill is an affordable neighborhood in Silver Spring with an average rent price of $1,705. Compare this to the city average of $1,752. In the past year, rent prices have decreased by 9.1%. Aspen Hill provides easy access to Rockville, Aspen Manor, and Glenmont.
Fairland
Average Rent
$1,765/Month
Year-Over-Year Rent Change
3%
Units Available
142 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Fairland might be the perfect place! It has an average rent price of $1,765, while the city’s average stands at $1,752. In the last year, prices have decreased by 3%. Fairland is near Howard Community College, Fairland Regional Park, and Maydale Conservation Park and Nature Center.
Silver Spring Park
Average Rent
$1,803/Month
Year-Over-Year Rent Change
0.2%
Units Available
292 Rentals
Silver Spring Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Silver Spring Park is $1,803 while the city average is $1,752. This is a 0.2% difference from last year. Residents enjoy convenient access to Wheaton Regional Park, Montgomery Coll., Takoma Park, and Long Branch Center.
Wheaton-Glenmont
Average Rent
$1,831/Month
Year-Over-Year Rent Change
2.2%
Units Available
148 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Wheaton-Glenmont. The average rent is $1,831, compared to the city average of $1,752. Rent prices have decreased by 2.2%. Wheaton-Glenmont is convenient to Montgomery Coll., Takoma Park, Grosvenor-Strathmore, and Univ. District of Columbia.
Calverton
Average Rent
$1,839/Month
Year-Over-Year Rent Change
1%
Units Available
43 Rentals
Calverton is an affordable neighborhood in Silver Spring with an average rent price of $1,839. Compare this to the city average of $1,752. In the past year, rent prices have decreased by 1%. Calverton provides easy access to Baltimore/Washington International Thurgood Marshall, University of Maryland Observatory, and Ronald Reagan Washington Ntl.
Downtown Silver Spring
Average Rent
$2,087/Month
Year-Over-Year Rent Change
3.3%
Units Available
513 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 $2,087, while the city’s average stands at $1,752. In the last year, prices have decreased by 3.3%. Downtown Silver Spring is near Catholic University, Rock Creek Park, and Univ. District of Columbia.
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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.