Silver Spring Town, MD Rental Market Trends
The average rent for an apartment in Silver Spring Town is $1,755, a 1% increase compared to the previous year, when the average rent was $1,746.
Average Rent in Silver Spring Town, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,755||1%||855 sq. ft.|
The average size for a Silver Spring Town, MD apartment is 855 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Silver Spring Town, MD Apartment Rent Ranges
- > $2,00020%
Silver Spring Town, MD Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
13,961 or 44% of the households in Silver Spring Town, MD are renter-occupied while 17,580 or 55% are owner-occupied.
Silver Spring Town, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Silver Spring Town Compares to Other Cities
|Average Rent||Y-o-Y Change|
|Silver Spring Town||$1,755||1%|
For more information about the Silver Spring Town rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!