Most Affordable Neighborhoods in Silver Spring, MD
Some of the cheapest neighborhoods in Silver Spring are Montgomery Knolls, Highland View of Sligo Park, and White Oak. These neighborhoods offer some of the lowest rent prices in Silver Spring, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Silver Spring is $1,820, 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.
Montgomery Knolls
Average Rent
$1,405/Month
Units Available
21 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 $1,405, while the city’s average stands at $1,820. Montgomery Knolls is near Wheaton Regional Park, Catholic University, and UMD Observatory.
Highland View of Sligo Park
Average Rent
$1,592/Month
TransitScore® Rating
55/100
Units Available
11 Rentals
Highland View of Sligo Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highland View of Sligo Park is $1,592 while the city average is $1,820. Residents enjoy convenient access to Rock Creek Park, Forest Glen, Red Line Center Platform, and Wheaton Regional Park. The neighborhood is considered car-dependent with a WalkScore® of 49.
White Oak
Average Rent
$1,619/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
41/100
Units Available
109 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out White Oak. The average rent is $1,619, compared to the city average of $1,820. Rent prices have decreased by 0.1%. White Oak is convenient to Shoppes of Burnt Mills, University of Maryland Observatory, and Wheaton, Red Line Center Platform. The community is somewhat walkable with a WalkScore® of 52.
Gate Stone
Average Rent
$1,622/Month
TransitScore® Rating
53/100
Units Available
60 Rentals
Gate Stone is an affordable neighborhood in Silver Spring with an average rent price of $1,622. Compare this to the city average of $1,820. Gate Stone provides easy access to Baltimore/Washington International Thurgood Marshall, University of Maryland, and Brookside Nature Center. It’s a car-dependent neighborhood with a WalkScore® of 35.
Dumont Oaks
Average Rent
$1,662/Month
Units Available
20 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 $1,662, while the city’s average stands at $1,820. Dumont Oaks is near Univ. District of Columbia, Baltimore/Washington International Thurgood Marshall, and Forest Glen, Red Line Center Platform.
Glenmont Forest
Average Rent
$1,726/Month
TransitScore® Rating
59/100
Units Available
22 Rentals
Glenmont Forest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glenmont Forest is $1,726 while the city average is $1,820. Residents enjoy convenient access to Croydon Creek Nature Center, Forest Glen, Red Line Center Platform, and Wheaton, Red Line Center Platform. The neighborhood is considered walkable with a WalkScore® of 72.
Oakfield
Average Rent
$1,726/Month
TransitScore® Rating
58/100
Units Available
22 Rentals
When you’re looking for a great Silver Spring neighborhood on a budget, check out Oakfield. The average rent is $1,726, compared to the city average of $1,820. Oakfield is convenient to Brookside Gardens, Montgomery Coll., Takoma Park, and Ronald Reagan Washington Ntl. The community is somewhat walkable with a WalkScore® of 62.
Glenmont Village
Average Rent
$1,735/Month
Units Available
20 Rentals
Glenmont Village is an affordable neighborhood in Silver Spring with an average rent price of $1,735. Compare this to the city average of $1,820. Glenmont Village provides easy access to Univ. District of Columbia, North Bethesda, Red Line Center Platform, and Ronald Reagan Washington Ntl.
Layhill South
Average Rent
$1,740/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Silver Spring, Layhill South might be the perfect place! It has an average rent price of $1,740, while the city’s average stands at $1,820. Layhill South is near Brookside Nature Center, Grosvenor-Strathmore, Red Line Center Platform, and Ronald Reagan Washington Ntl.
Rossmoor
Average Rent
$1,751/Month
TransitScore® Rating
3/100
Units Available
57 Rentals
Rossmoor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rossmoor is $1,751 while the city average is $1,820. Residents enjoy convenient access to Rockville, Red Line Center Platform, Baltimore/Washington International Thurgood Marshall, and Wheaton Regional Park. The neighborhood is considered car-dependent with a WalkScore® of 42.
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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.