Best Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are Dumont Oaks, Highland View of Sligo Park, and Montgomery Knolls. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of January 31, 2026, the average rent in Silver Spring is $1,774, which is 1.9% 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.
Dumont Oaks
Average Rent
$1,390/Month
Units Available
24 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Dumont Oaks. The average rent is $1,390, compared to the city average of $1,774. Dumont Oaks is convenient to Brookside Nature Center, University of Maryland Observatory, and University of Maryland.
Highland View of Sligo Park
Average Rent
$1,498/Month
TransitScore® Rating
55/100
Units Available
14 Rentals
Highland View of Sligo Park is an affordable neighborhood in Silver Spring with an average rent price of $1,498. Compare this to the city average of $1,774. Highland View of Sligo Park provides easy access to Takoma, University of Maryland, and Rock Creek Park. It’s a car-dependent neighborhood with a WalkScore® of 49.
Montgomery Knolls
Average Rent
$1,502/Month
Units Available
13 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 $1,502, while the city’s average stands at $1,774. Montgomery Knolls is near Silver Spring, University of Maryland Observatory, and Forest Glen.
Gate Stone
Average Rent
$1,527/Month
TransitScore® Rating
53/100
Units Available
50 Rentals
Gate Stone is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gate Stone is $1,527 while the city average is $1,774. Residents enjoy convenient access to Forest Glen, Brookside Gardens, and UMD Observatory. The neighborhood is considered car-dependent with a WalkScore® of 35.
White Oak
Average Rent
$1,533/Month
Year-Over-Year Rent Change
5.7%
TransitScore® Rating
42/100
Units Available
99 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out White Oak. The average rent is $1,533, compared to the city average of $1,774. Rent prices have decreased by 5.7%. White Oak is convenient to Glenmont, University of Maryland Observatory, and Takoma. The community is somewhat walkable with a WalkScore® of 52.
Kemp Mill
Average Rent
$1,588/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
Kemp Mill is an affordable neighborhood in Silver Spring with an average rent price of $1,588. Compare this to the city average of $1,774. Kemp Mill provides easy access to Ronald Reagan Washington Ntl, Forest Glen, and University of Maryland. It’s a car-dependent neighborhood with a WalkScore® of 36.
Springbrook Village
Average Rent
$1,598/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Springbrook Village might be the perfect place! It has an average rent price of $1,598, while the city’s average stands at $1,774. Springbrook Village is near Brookside Gardens, Baltimore/Washington International Thurgood Marshall, and Greenbelt, Green/Yellow Line Center Platform.
The Vineyards Condominiums
Average Rent
$1,605/Month
TransitScore® Rating
46/100
Units Available
36 Rentals
The Vineyards Condominiums is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Vineyards Condominiums is $1,605 while the city average is $1,774. Residents enjoy convenient access to Maydale Conservation Park and Nature Center, Baltimore/Washington International Thurgood Marshall, and Ronald Reagan Washington Ntl. The neighborhood is considered car-dependent with a WalkScore® of 49.
Layhill South
Average Rent
$1,613/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 $1,613, compared to the city average of $1,774. Layhill South is convenient to White Flint, Meadowside Nature Center, and Montgomery Coll., Takoma Park. The community is car-dependent with a WalkScore® of 15.
Oxford Crossing
Average Rent
$1,640/Month
TransitScore® Rating
0/100
Units Available
59 Rentals
Oxford Crossing is an affordable neighborhood in Silver Spring with an average rent price of $1,640. Compare this to the city average of $1,774. Oxford Crossing provides easy access to Baltimore/Washington International Thurgood Marshall, Leisureworld Plaza, and Montgomery College, Rockville. It’s a car-dependent neighborhood 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.