Silver Spring Town, MD Rental Market Trends
Highlights
The average rent for an apartment in Silver Spring Town is $1,746, a 3% increase compared to the previous year, when the average rent was $1,695.
Average Rent in Silver Spring Town, MD
Last updated Jul 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,746 | 3% | 854 sq. ft. |
The average size for a Silver Spring Town, MD apartment is 854 square feet, but this number varies greatly depending on apartment type. 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
- $1,001-$1,50029%
- $1,501-$2,00049%
- > $2,00021%
Silver Spring Town, MD Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Sept / 2018 | Jul / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Silver Spring Town, MD | $1,655 | $1,675 | $1,668 | $1,686 | $1,691 | $1,691 | $1,695 | $1,697 | $1,709 | $1,746 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 | $1,430 |
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How Does Silver Spring Town Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Silver Spring | $1,675 | 3% |
| Silver Spring Town | $1,746 | 3% |
| Rockville | $1,936 | 1% |
| Rockville City | $1,956 | 1% |
| Bethesda | $2,292 | 3% |
| Bethesda Town | $2,292 | 3% |
| Gaithersburg | $1,611 | 4% |
| Chevy Chase | $2,253 | 1% |
| Germantown | $1,501 | 3% |
| Germantown Town | $1,501 | 3% |
For more information about the Silver Spring Town rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Sligo Terrace Apartments
- Nob Hill
- Croydon Manor Apartments
- Charter House
- Hampshire West
- Avery Park Apartment Homes
- Silver Spring Towers
- Twin Towers
- Falkland Chase
- Cole Spring Plaza
- Chateau
- Claridge House
- Summit Hills
- Argent Apartments
- Falkland West
- The Bennington
- Lenox Park
- TEMP Blair House
- The Blairs
- The Citron Apartments
Most Expensive Listings on RENTCafé
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.