Best Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are Highland View of Sligo Park, Montgomery Knolls, and Layhill South. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of December 17, 2025, the average rent in Silver Spring is $1,777, which is 0.9% 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
$1,498/Month
TransitScore® Rating
55/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Highland View of Sligo Park might be the perfect place! It has an average rent price of $1,498, while the city’s average stands at $1,777. Highland View of Sligo Park is near University of Maryland, Ronald Reagan Washington Ntl, and Flower Avenue Shopping Center.
Montgomery Knolls
Average Rent
$1,505/Month
Units Available
16 Rentals
Montgomery Knolls is a top choice for budget-conscious renters for a variety of reasons. The average rent in Montgomery Knolls is $1,505 while the city average is $1,777. Residents enjoy convenient access to Takoma, Hyattsville Crossing, Green/Yellow Line Track 2 Platform, and Long Branch Center.
Layhill South
Average Rent
$1,582/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Layhill South. The average rent is $1,582, compared to the city average of $1,777. Layhill South is convenient to Grosvenor-Strathmore, Montgomery Coll., Takoma Park, and Glenmont. The community is car-dependent with a WalkScore® of 15.
Gate Stone
Average Rent
$1,602/Month
TransitScore® Rating
53/100
Units Available
39 Rentals
Gate Stone is an affordable neighborhood in Silver Spring with an average rent price of $1,602. Compare this to the city average of $1,777. Gate Stone provides easy access to Trinity Washington University, Wheaton Regional Park, and Forest Glen. It’s a car-dependent neighborhood with a WalkScore® of 35.
Kemp Mill
Average Rent
$1,610/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Kemp Mill might be the perfect place! It has an average rent price of $1,610, while the city’s average stands at $1,777. Kemp Mill is near Montgomery Coll., Takoma Park, Glenmont, and UMD Observatory.
White Oak
Average Rent
$1,620/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
42/100
Units Available
94 Rentals
White Oak is a top choice for budget-conscious renters for a variety of reasons. The average rent in White Oak is $1,620 while the city average is $1,777. This is a 0.1% difference from last year. Residents enjoy convenient access to Woodmoor Shopping Center, Wheaton, and University of Maryland. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
The Vineyards Condominiums
Average Rent
$1,646/Month
TransitScore® Rating
46/100
Units Available
41 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out The Vineyards Condominiums. The average rent is $1,646, compared to the city average of $1,777. The Vineyards Condominiums is convenient to Fairland Regional Park, Wheaton, and College Park-U Of Md, Green/Yellow Line Center Platform. The community is car-dependent with a WalkScore® of 49.
Glenmont Village
Average Rent
$1,649/Month
Units Available
15 Rentals
Glenmont Village is an affordable neighborhood in Silver Spring with an average rent price of $1,649. Compare this to the city average of $1,777. Glenmont Village provides easy access to Univ. District of Columbia, Montgomery Coll., Takoma Park, and Wheaton Park.
Dumont Oaks
Average Rent
$1,656/Month
Units Available
24 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 $1,656, while the city’s average stands at $1,777. Dumont Oaks is near University of Maryland Observatory, University of Maryland, and Baltimore/Washington International Thurgood Marshall.
Oxford Crossing
Average Rent
$1,661/Month
TransitScore® Rating
0/100
Units Available
58 Rentals
Oxford Crossing is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oxford Crossing is $1,661 while the city average is $1,777. Residents enjoy convenient access to Montgomery Coll., Takoma Park, White Flint, and Northgate Plaza Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 32.
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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.