Renter's Guide to Silver Spring
Silver Spring, MD is a suburb just 6 miles north of Washington, DC and 30 miles south of Baltimore. Despite being a large city, a drive through Silver Spring can include anything from an urban city center filled with apartments to spacious plots of farmland. And due to its large concentration of healthcare professionals, Silver Spring was named the most caring suburb in America.
The weather in Silver Spring is extremely pleasant for the most part with a beautiful spring and fall, while both the summer and winter are typically very mild.
Silver Spring, MD Demographics
- Total Population298,268
Female 143,263Male 155,004
- Median Age37.2
Cost of Living in Silver Spring, MD
The cost of living in Silver Spring is fairly high, although very typical of most suburban DC areas. And although the cost of living is somewhat expensive, it is much lower than living in the metropolitan DC area. A meal here isn’t cheap either, but it won’t break the bank as two can still eat at most area restaurants for under $50.
For basic utilities such as gas, water, and electricity, Silver Spring residents can expect to pay around $115 per month, well below the average utility costs in DC and also the national average.
As for public transportation in Silver Spring, the city offers several useful options including the Metrobus and RideOn bus lines, the MARC train, as well as the Van Go free shuttle.
Average Rent in Silver Spring, MD
- Silver Spring, MD Average Rental Price, August 2018$1,622/mo
- 1 Bedroom$1,485
- 2 Bedrooms$1,704
Silver Spring, MD Apartment Rent Ranges
- > $2,00012%
Silver Spring, MD Rent Trends
|All rentals||Studio||1 Bed||2 Beds||3 Beds|
|Aug / 2018||$1,622||$1,382||$1,485||$1,704|
|Jan / 2018||$1,621||$1,382||$1,485||$1,702|
|Sept / 2017||$1,621||$1,393||$1,496||$1,689|
|May / 2017||$1,624||$1,361||$1,488||$1,700|
|Jan / 2017||$1,613||$1,372||$1,485||$1,687|
|Sept / 2016||$1,601||$1,368||$1,466||$1,683|
|May / 2016||$1,607||$1,365||$1,476||$1,686|
|Jan / 2016||$1,595||$1,371||$1,482||$1,662|
|Sept / 2015||$1,585||$1,348||$1,467||$1,655|
|May / 2015||$1,602||$1,356||$1,477||$1,678|
Average rent is projected to grow by 1% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 20901209022090320904209052090620910
Living in Silver Spring, MD
Silver Spring is a growing city and is known as an excellent place to live, especially for those with kids. The city was actually even named as one of the 10 safest places to live in the state of Maryland.
The only real cons of Silver Spring are the traffic issues on the morning and evening commute to/from DC, and the relatively high cost of living. Although, even though the cost of living here is somewhat high, many enjoy the fact that the cost of living is much lower than in DC and that the city is also significantly safer and less crowded.
Things to do in Silver Spring
A full night out in Silver Spring starts with dinner, and although there are plenty of chain restaurants here don’t be fooled, because there are plenty of local gems tucked away here, too.
For some ethnic cuisine, Addis Ababa serves the city’s best Ethiopian food in the city, or for some classic Italian Favorites, Silver Spring residents can head over to Olazzo, serving rustic Italian dishes The Classics restaurant is also a popular spot in town, and how could it not be, since the restaurant's signature dish is steak!
After dinner, the Quarry House Tavern is the place to go. Some consider it a bar, but in fact it serves good food, offers a great atmosphere, coupled with a long beer list.
Silver Spring has several annual events, including AFI Docs in June, where the American Film Institute shows and honors independent documentaries. The city also hosts the Blues Festival every May, the Jazz Festival every September, and a Thanksgiving festival every November.
And for those with kids or looking to find some activities to do in Silver Spring for free, just go outside. The city has several great parks, including Jesup Blair Park, Sligo Creek Park, and Acorn Park, where visitors can exercise, hike, bike, or even have a picnic.
For sports fans there’s also plenty of action, as the Washington Redskins of the NFL, Washington Nationals of the MLB, DC United of the MLS, and the Washington Wizards of the NBA all play in stadiums within 15 miles of SIlver Spring.
Employment and Economy
The major field of employment for Silver Spring residents is without a doubt the healthcare industry. The city has more mental health and community services professionals per capita than any other city in the US.
The unemployment rate here is also very low at 4.1%, which largely due to the city’s proximity to DC. While there aren’t a lot of major corporations making their home in Silver Spring, there is no shortage of jobs in DC, which is just a short 15 minutes to the south.
Silver Spring, MD Households
- Total Number of Households106,852
Family 69,092Non-family 37,760
Children 35,606No Children 71,247
- Average People Per Household2.88
- Median Household Income$77,986
- Median Housing Costs Per Month$1,662
Education in Silver Spring
The city of Silver Spring has great public school districts and also one of the highest ranked high schools in the state of Maryland in Montgomery Blair High School.
Silver Springs residents also have several outstanding options for pursuing higher education, as George Washington University, Howard University, American University, Georgetown University, and the University of Maryland are all within 10 miles.
Silver Spring, MD Education Statistics
- No High School8%
- Some High School25%
- Some College18%
- Associate Degree5%
- Bachelor Degree22%
- Graduate Degree22%
Tips for Renting in Silver Spring
Tenants rights in Silver Spring are governed by Maryland state law, and are very typical of US federal tenant protections.
However, Maryland does have very specific laws when it comes to landlords evicting a tenant or terminating a lease agreement. It is required that a tenant receives at least 14 days’ notice (state law allows 14-30 days, depending on the lease) before the landlord can file for eviction.
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