Most 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 September 16, 2025, the average rent in Silver Spring is $1,808, which is 1% 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.
Highland View of Sligo Park
Average Rent
$1,480/Month
TransitScore® Rating
55/100
Units Available
11 Rentals
Highland View of Sligo Park is an affordable neighborhood in Silver Spring with an average rent price of $1,480. Compare this to the city average of $1,808. Highland View of Sligo Park provides easy access to Ronald Reagan Washington Ntl, Flower Avenue Shopping Center, and Silver Spring. It’s a car-dependent neighborhood with a WalkScore® of 49.
Montgomery Knolls
Average Rent
$1,517/Month
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Montgomery Knolls might be the perfect place! It has an average rent price of $1,517, while the city’s average stands at $1,808. Montgomery Knolls is near Takoma, Central Square, and University of Maryland.
Gate Stone
Average Rent
$1,557/Month
TransitScore® Rating
53/100
Units Available
52 Rentals
Gate Stone is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gate Stone is $1,557 while the city average is $1,808. Residents enjoy convenient access to Montgomery Coll., Takoma Park, Brookside Nature Center, and Trinity Washington University. The neighborhood is considered car-dependent with a WalkScore® of 35.
White Oak
Average Rent
$1,591/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
41/100
Units Available
120 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out White Oak. The average rent is $1,591, compared to the city average of $1,808. Rent prices have increased by 0.8%. White Oak is convenient to Catholic University, Forest Glen, and Wheaton Regional Park. The community is somewhat walkable with a WalkScore® of 52.
Connecticut Avenue Estates
Average Rent
$1,606/Month
TransitScore® Rating
55/100
Units Available
14 Rentals
Connecticut Avenue Estates is an affordable neighborhood in Silver Spring with an average rent price of $1,606. Compare this to the city average of $1,808. Connecticut Avenue Estates provides easy access to Aspen Hill Shopping Center, Washington Dulles International, and Wheaton. It’s a car-dependent neighborhood with a WalkScore® of 49.
Viers Mill Village
Average Rent
$1,621/Month
TransitScore® Rating
56/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Viers Mill Village might be the perfect place! It has an average rent price of $1,621, while the city’s average stands at $1,808. Viers Mill Village is near Univ. District of Columbia, Randolph Hills Shopping Center, and Stoneymill Square.
Glenmont Forest
Average Rent
$1,638/Month
TransitScore® Rating
59/100
Units Available
17 Rentals
Glenmont Forest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glenmont Forest is $1,638 while the city average is $1,808. Residents enjoy convenient access to Univ. District of Columbia, Croydon Creek Nature Center, and Brookside Nature Center. The neighborhood is considered walkable with a WalkScore® of 72.
Oakfield
Average Rent
$1,638/Month
TransitScore® Rating
58/100
Units Available
17 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Oakfield. The average rent is $1,638, compared to the city average of $1,808. Oakfield is convenient to Croydon Creek Nature Center, Montgomery Coll., Takoma Park, and Ronald Reagan Washington Ntl. The community is somewhat walkable with a WalkScore® of 62.
Dumont Oaks
Average Rent
$1,642/Month
Units Available
29 Rentals
Dumont Oaks is an affordable neighborhood in Silver Spring with an average rent price of $1,642. Compare this to the city average of $1,808. Dumont Oaks provides easy access to Takoma, Baltimore/Washington International Thurgood Marshall, and Wheaton Regional Park.
Glenmont Village
Average Rent
$1,648/Month
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Glenmont Village might be the perfect place! It has an average rent price of $1,648, while the city’s average stands at $1,808. Glenmont Village is near Glenmont, Wheaton Regional Park, and Glenmont Shopping Center.
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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.