Rental market snapshot for Silver Spring, Maryland
Silver Spring, Maryland Rental Property Market Overview
Silver Spring, Maryland is a vibrant and diverse city located in Montgomery County. According to the US Census, the population of Silver Spring in 2021 is estimated to be around 81,000 people. This city is home to a wide variety of businesses, restaurants, and entertainment venues, making it a great place to live and work. Silver Spring is also known for its strong sense of community and commitment to environmental sustainability.
The average rent for an apartment in Silver Spring is $2,133. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Silver Spring Maryland | Cost of Living
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- The most expensive ZIP code in Silver Spring is 20910 with an average price of $2,139.
- The cheapest ZIP code in Silver Spring is 20903 with an average price of $1,838.
Silver Spring ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 20910 | $2,139 |
| 2 | 20902 | $2,031 |
| 3 | 20904 | $1,997 |
| 4 | 20901 | $1,989 |
| 5 | 20903 | $1,838 |
Live near Silver Spring, Maryland's Top Sights and Attractions
Indian Spring Terrace LP is a historic site located in Silver Spring, Maryland. It is a large, open-air park with a variety of attractions, including a large pond, a playground, a picnic area, and a walking trail. The park also features a variety of trees, shrubs, and flowers, making it a great spot for nature lovers. The park is also home to a variety of wildlife, including birds, turtles, and frogs. Indian Spring Terrace LP is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.
Woodside Up is an outdoor adventure park located in the suburbs of Maryland. It features a variety of activities such as zip lining, rock climbing, and a ropes course. Visitors can also take part in team-building activities, such as a low ropes course and a giant swing. The park also offers a variety of other activities, including a petting zoo, a mini golf course, and a playground.
Broadacres Lp is a unique outdoor attraction located in the suburbs of Maryland. It features a variety of activities, including a large playground, a picnic area, a walking trail, and a pond. The playground has a variety of swings, slides, and climbing structures for children to enjoy. The picnic area has several tables and benches for visitors to relax and enjoy a meal. The walking trail is a scenic path that winds through the park, providing a peaceful and tranquil atmosphere. The pond is stocked with fish, making it a great spot for fishing.
Northwest Branch Svu is a scenic park located in the suburbs of Maryland. It features a variety of outdoor activities, including hiking, biking, and fishing. The park also has a playground, picnic area, and a large pond. Visitors can explore the trails and observe the wildlife, including deer, foxes, and a variety of birds. The park is a great place to relax and enjoy nature.
Rosemary Hills Lyttonsville LP is a historic site located in Silver Spring, Maryland. It is a picturesque park with a variety of features, including a pond, a playground, a picnic area, and a walking path. The park is surrounded by a variety of trees and shrubs, providing a peaceful and tranquil atmosphere. The park also features a variety of sculptures, including a bronze statue of a woman, a fountain, and a sundial. The park is a great place to relax and enjoy the outdoors.
Sligo Creek Svu is a scenic natural area located in the suburbs of Maryland. It is a popular spot for outdoor activities such as walking, biking, fishing, and bird watching. The creek runs through the park, providing a tranquil atmosphere and a habitat for a variety of wildlife. The park also features several trails, picnic areas, and playgrounds. Visitors can also take advantage of the nearby golf courses, tennis courts, and other recreational facilities.
Long Branch Local Park is a popular outdoor destination located in Silver Spring, Maryland. It features a variety of recreational activities, including a playground, basketball court, picnic area, and walking trails. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and turtles. The park is a great place to spend time outdoors, whether it's for a picnic, a game of basketball, or a leisurely stroll.
Quebec Terrace is a scenic overlook located in a residential area of Silver Spring, Maryland. It offers stunning views of the surrounding area, including the nearby Washington, D.C. skyline. The terrace features a large grassy area, benches, and a paved walkway. It is a popular spot for locals to enjoy the outdoors, take in the views, and relax.
The Silver Spring Civic Center is a vibrant and modern entertainment complex located in the heart of the city. It features a variety of attractions, including a large outdoor amphitheater, a state-of-the-art movie theater, a variety of restaurants and shops, and a public park. The Civic Center also hosts a variety of events, such as concerts, festivals, and other community activities. It is a great place to spend a day with family and friends, or to just relax and enjoy the sights and sounds of the city.
Nolte Lp is a public park located in Silver Spring, Maryland. It features a large open grassy area, a playground, a basketball court, a walking path, and a picnic area. The park is also home to a variety of trees, shrubs, and flowers, making it a great place to enjoy nature. The park is a popular destination for families, joggers, and dog walkers alike.
Silver Spring, Maryland area median rent change by ZIP code map
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How does Silver Spring compare to other cities in Maryland?
| city | median price |
|---|---|
| Brentwood | $2,470 |
| Frederick | $2,005 |
| Elkton | $1,870 |
| Woodlawn | $1,836 |
| Rosedale | $1,625 |
| Willards | $1,524 |
| Mount Rainier | $1,435 |
| Hagerstown | $1,350 |
Average household income in Silver Spring area graph - US Census
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The median household income in Silver Spring in 2021 was $91,970. This represents a 26.1% change from 2011 when the median was $72,954.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.5% |
| 1 | $10,000 to $14,999 | 2.3% |
| 2 | $15,000 to $19,999 | 2.4% |
| 3 | $20,000 to $24,999 | 2.6% |
| 4 | $25,000 to $29,999 | 3.1% |
| 5 | $30,000 to $34,999 | 3.9% |
| 6 | $35,000 to $39,999 | 4.3% |
| 7 | $40,000 to $44,999 | 2.3% |
| 8 | $45,000 to $49,999 | 3.6% |
| 9 | $50,000 to $59,999 | 6.4% |
| 10 | $60,000 to $74,999 | 8.7% |
| 11 | $75,000 to $99,999 | 12.5% |
| 12 | $100,000 to $124,999 | 10.7% |
| 13 | $125,000 to $149,999 | 8.5% |
| 14 | $150,000 to $199,999 | 11.0% |
| 15 | $200,000 or more | 14.2% |
Neighborhoods in Silver Spring
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