Most Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are Montgomery Knolls, Highland View of Sligo Park, 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 November 2, 2025, the average rent in Silver Spring is $1,785, which is 0.4% 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.
Montgomery Knolls
Average Rent
$1,446/Month
Units Available
25 Rentals
Montgomery Knolls is a top choice for budget-conscious renters for a variety of reasons. The average rent in Montgomery Knolls is $1,446 while the city average is $1,785. Residents enjoy convenient access to Ronald Reagan Washington Ntl, Montgomery College Planetarium, and Baltimore/Washington International Thurgood Marshall.
Highland View of Sligo Park
Average Rent
$1,480/Month
TransitScore® Rating
55/100
Units Available
14 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Highland View of Sligo Park. The average rent is $1,480, compared to the city average of $1,785. Highland View of Sligo Park is convenient to Wheaton, Ronald Reagan Washington Ntl, and Forest Glen. The community is car-dependent with a WalkScore® of 49.
Gate Stone
Average Rent
$1,573/Month
TransitScore® Rating
53/100
Units Available
38 Rentals
Gate Stone is an affordable neighborhood in Silver Spring with an average rent price of $1,573. Compare this to the city average of $1,785. Gate Stone provides easy access to Forest Glen, Wheaton Regional Park, and Montgomery Coll., Takoma Park. It’s a car-dependent neighborhood with a WalkScore® of 35.
White Oak
Average Rent
$1,624/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
42/100
Units Available
91 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 $1,624, while the city’s average stands at $1,785. In the last year, prices have increased by 1.8%. White Oak is near Glenmont, Woodmoor Shopping Center, and UMD Observatory.
Glenmont Forest
Average Rent
$1,628/Month
TransitScore® Rating
59/100
Units Available
10 Rentals
Glenmont Forest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glenmont Forest is $1,628 while the city average is $1,785. Residents enjoy convenient access to Univ. District of Columbia, Brookside Gardens, and White Flint. The neighborhood is considered walkable with a WalkScore® of 72.
Oakfield
Average Rent
$1,628/Month
TransitScore® Rating
58/100
Units Available
10 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Oakfield. The average rent is $1,628, compared to the city average of $1,785. Oakfield is convenient to Wheaton Park, University of Maryland, and Montgomery Coll., Takoma Park. The community is somewhat walkable with a WalkScore® of 62.
Dumont Oaks
Average Rent
$1,634/Month
Units Available
32 Rentals
Dumont Oaks is an affordable neighborhood in Silver Spring with an average rent price of $1,634. Compare this to the city average of $1,785. Dumont Oaks provides easy access to Baltimore/Washington International Thurgood Marshall, Shoppes of Burnt Mills, and Montgomery Coll., Takoma Park.
Glenmont Village
Average Rent
$1,652/Month
Units Available
18 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 $1,652, while the city’s average stands at $1,785. Glenmont Village is near Wheaton Shopping Center, Univ. District of Columbia, and Forest Glen.
The Vineyards Condominiums
Average Rent
$1,680/Month
TransitScore® Rating
46/100
Units Available
33 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 $1,680 while the city average is $1,785. Residents enjoy convenient access to Ronald Reagan Washington Ntl, Catholic University, and University of Maryland Observatory. The neighborhood is considered car-dependent with a WalkScore® of 49.
Greencastle Manor Condominiums
Average Rent
$1,711/Month
Units Available
11 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Greencastle Manor Condominiums. The average rent is $1,711, compared to the city average of $1,785. Greencastle Manor Condominiums is convenient to Burtonsville Retail Center, Bowie State University, 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.