Homes & Apartments for Rent in 20904

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What to Know About

Life in Silver Spring & Beyond

Silver Spring shares many of the great qualities that make Maryland a desirable place to live.

Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.

The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.

From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.

Rental Market Trends

Silver Spring, MD

As of May 2026, Silver Spring's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Silver Spring's average rent is 4.0% ($75) lower than the Maryland average of $1,895 and 1.7% ($31) higher than the U.S. average of $1,789.

Average Rent
$1,820
Monthly ChangeMonth Over Month Change
Increased1.3% ($23)
Yearly ChangeYear Over Year Change
Decreased6% ($117)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,538 No change Decreased14.2% ($254)
2 Beds $1,918 Increased1.5% ($29) Decreased4.8% ($97)
3 Beds $2,206 Increased0.9% ($19) Decreased12.9% ($326)
Nearby Cities Average Rent Avg. Rent vs. Silver SpringAverage Rent vs. Silver Spring Avg. Days on MarketAverage Days on Market
Takoma Park $1,639 Decreased9.9% ($181) 31 days
Chevy Chase $3,250 Increased78.6% ($1430) 26 days
College Park $1,941 Increased6.6% ($121) 27 days
Bethesda $3,027 Increased66.3% ($1207) 28 days
Hyattsville $1,604 Decreased11.9% ($216) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Silver Spring Rental Market FAQs

Explore rental prices, market trends, and availability in Silver Spring, MD.

The average rent in Silver Spring, MD is $1,820 per month.
Homes in Silver Spring typically rent for between $1,077 and $2,868 per month, with an average of $1,820 per month.
In Silver Spring, the average rent for a 1-bedroom home is $1,538 per month, for a 2-bedroom home, $1,918 per month, and a 3-bedroom home is $2,206 per month.
The average rent in Silver Spring is 1.7% ($31) higher than the national average of $1,789 per month.
The average rent in Silver Spring has increased by 1.3% ($23) in the last month and decreased by 6.0% ($117) over the past year.
The rental market in Silver Spring, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Silver Spring, MD, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 90 rental properties available in Silver Spring, MD.
Based on the current averages, a household would need an annual income of $76,720 to comfortably afford a 2-bedroom home in Silver Spring.
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