Homes & Apartments for Rent in 20906

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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 August 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 9.7% ($182) lower than the Maryland average of $1,878 and 5.8% ($104) lower than the U.S. average of $1,800.

Average Rent
$1,696
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
Decreased5.6% ($101)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,440 Decreased0.9% ($13) Decreased9.9% ($158)
2 Beds $1,768 Decreased0.6% ($11) Decreased9.7% ($191)
3 Beds $2,003 Decreased0.8% ($16) Decreased11.7% ($266)
Nearby Cities Average Rent Avg. Rent vs. Silver SpringAverage Rent vs. Silver Spring Avg. Days on MarketAverage Days on Market
Takoma Park $1,703 Increased0.4% ($7) 31 days
Chevy Chase $3,242 Increased91.2% ($1546) 26 days
College Park $2,174 Increased28.2% ($478) 27 days
Bethesda $2,828 Increased66.7% ($1132) 28 days
Hyattsville $1,754 Increased3.4% ($58) 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 $1,696 per month.
Homes in Silver Spring typically rent for between $1,008 and $2,604 per month, with an average of $1,696 per month.
In Silver Spring, the average rent for a 1-bedroom home is $1,440 per month, for a 2-bedroom home, $1,768 per month, and a 3-bedroom home is $2,003 per month.
The average rent in Silver Spring is 5.8% ($104) lower than the national average of $1,800 per month.
The average rent in Silver Spring has remained stable in the last month and decreased by 5.6% ($101) 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 102 rental properties available in Silver Spring, MD.
Based on the current averages, a household would need an annual income of $70,720 to comfortably afford a 2-bedroom home in Silver Spring.
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