Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Silver Spring Town, MD Rental Market Trends
What is the average rent in Silver Spring Town?
The average rent for an apartment in Silver Spring Town is $1,815. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Silver Spring Town, MD
Last updated July 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,815 | 852 sq. ft. |
What is the average apartment size in Silver Spring Town?
The average size for a Silver Spring Town, MD apartment is 852 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
Silver Spring Town, MD Occupied Housing Units
14,285 or 44% of the households in Silver Spring Town, MD are renter-occupied while 17,829 or 55% are owner-occupied.
Silver Spring Town, MD Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jul / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Silver Spring Town, MD | $1,746 | $1,757 | $1,765 | $1,755 | $1,740 | $1,674 | $1,654 | $1,713 | $1,809 | $1,815 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Silver Spring Town Compares to Other Cities
| City | Average Rent |
|---|---|
| Washington | $2,261 |
| Baltimore City | $1,508 |
| Arlington | $2,337 |
| Alexandria | $1,944 |
| Silver Spring | $1,786 |
| Hyattsville | $1,666 |
| Silver Spring Town | $1,815 |
| Laurel | $1,823 |
| Rockville | $2,080 |
| Fairfax | $2,064 |
| Woodbridge | $1,831 |
| Falls Church | $1,941 |
| Frederick | $1,678 |
| Waldorf | $1,817 |
| Bethesda | $2,520 |
| Gaithersburg | $1,875 |
| Towson | $1,625 |
| Glen Burnie | $1,551 |
| Annapolis | $2,013 |
| Owings Mills | $1,737 |
| Reston | $2,157 |
Most Popular Apartments in Silver Spring Town
Colesville Towers Apartments
8811 Colesville Road, Silver Spring, MD 20910- Studio
- 1 BED
- 2+ BEDS
- $1,410
- $1,690+
- Ask for pricing
The Citron Apartments
815 Pershing Drive, Silver Spring, MD 20910- Studio
- 1 BED
- 2 BEDS
- $1,931+
- $2,046+
- $2,755+
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Silver Spring Town apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.