The name Silver Spring isn't just for show; original landowner Francis Preston Blair named Silver Spring, Maryland after finding fresh spring water whose base was flecked with mica in 1840.
Even if the town was named for the glitter of mica chips in spring water, there's no fools gold in Silver Spring
The name Silver Spring isn't just for show; original landowner Francis Preston Blair named Silver Spring, Maryland after finding fresh spring water whose base was flecked with mica in 1840.
Even if the town was named for the glitter of mica chips in spring water, there's no fools gold in Silver Spring. This unincorporated town has over 71,000 residents, and in its southern, most urbanized section lies a bustling business district packed with retail, office, and residential development. Social and artistic gatherings also abound. The town is a suburb of Washington, D.C., and while many of its residents commute to the home of our national government, many do not, focusing their residence and business alike on this community.
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Vacancy rates are low, so start looking for your new abode early. Base your search on proximity to the subway or the Capitol Beltway if youre commuting into D.C. for work. On average, commuters spend around 35 minutes on the daily drive, or via public transit. Public transportation is sought after and well utilized in Silver Spring. When meeting with your broker, bring all your paperwork with you from the get-go. You never know when you might find the perfect spot you want to jump on.
Diversely populated, with residents working primarily in management, administration, and education, theres also a strong artistic contingent in the community, with artists and media designers among them. Young educated singles and families are both right at home here.
Rock Creek Forest / Forest Glen Park: Near Rock Creek Park, with a wooded ambience, the neighborhood is densely populated and has an urban feel. Here your apartment search will turn up high rise apartments and condos, single family homes, and many older, comfortable properties. This is a community of drivers, with commutes into the metro DC area taking up to 40 minutes.
Hillandale: Small apartments, medium sized apartments, and single family homes abound here, in an area that attracts renters. Commuters use a mix of public transportation and private vehicles for the daily drive.
In addition to the gorgeous interiors of their apartments, residents are leaving great reviews about The Veridian Apartments Silver Spring's communal amenities: billiard room, lounge, fitness center, playroom for kids, and outdoor pool.
Burnt Mills/Burnt Mills Manor: Located in the northern part of the city, with a strongly suburban feel, and more green space than in other parts of town, here you’ll find town homes and single family rental homes. Rental properties are in high demand, in a community where those headed into work take the subway as well as drive. Theres an artsy feel to this neighborhood, with many residents employed in media or technology based work.
Burtonsville/Spencerville: A solid suburban community, made up primarily of large single family homes, four bedrooms or more. Some smaller apartment complexes are also available. It’s a desirable community, and many residents have children here. Commuters primarily use their own cars to get to their place of business.
Glenmont: Urban in feel with a mix of small to medium sized high rise apartments and single homes. The neighborhood is diverse, with a good blend of singles and families.
Silver Spring covers a large stretch of land in Montgomery County, extending to Rock Creek Park - the D.C. area’s answer to New York’s Central Park - and all the way to the edge of Prince Georges County. Silver Spring is spread over a larger area than any other Maryland city, besides Baltimore. It’s studded with landmarks too: the aforementioned Rock Creek park offers nature at its best with hiking trails, picnic spots, and biking through a beautiful wooded, undeveloped area. Discovery Communications, purveyor of Shark Week, among other televised offerings, is headquartered here, as is the Seventh-day Adventist Church. If you're looking for many activities, from active entertainment venues to shopping and eateries, this is the place. What's not to like? Great restaurants, a diverse population, many options for apartment rentals and rental homes make starting your apartment search in Silver Spring a win/win.
Along with Rock Creek Park, Sligo Creek Park also follows the trajectory of a waterway, and offers hiking trails, tennis, and childrens playgrounds. Youll find the original site of that Silver Spring, the towns name sake, in downtowns Acorn Park. Don’t plan on bringing your water bottle for a quick refill, though. The spring is now dry. Playing fields and tennis courts dominate at Jesup Blair Park, while in nearby Wheaton, Brookside Gardens floral extravaganza is on full display. The award winning garden park is rife with azaleas and has a butterfly garden, too.
The National Oceanographic and Atmospheric Administration is also located here, and the downtown area hosts the well regarded Silverdocs Documentary Film Festival each June, through Discovery Communications and the American Film Institute, who both have a strong presence in the community. Obviously, there's always something to do.
Besides Silverdocs, this vibrant community also hosts the Silver Spring Jazz Festival, which draws crowds of over 20,000 every fall to hear local and national jazz artists including renowned artists like Sergio Mendes and Aaron Neville. And when it's turkey time, you'll gobble up Silver Spring's large Thanksgiving Day parade, which draws countywide recognition. Music, film, and a parade - quite a collection of annual events right in the palm of your hands.
A new outdoor shopping venue, Downtown Silver Spring features such upscale shopping destinations as Macy's, Whole Foods, and Ann Taylor, plus a 20 screen, state of the art Regal Theater complex. National chain restaurants are one dining option, and run the range from budget to high end options so wallets of all kinds are welcome. But Silver Spring’s ethnic diversity yields some dynamic local eateries from Haitian to Mexican cuisine, with Moroccan, Vietnamese, and Thai also well represented. You could have spring rolls for lunch and jerk chicken for dinner without leaving downtown Silver Spring.
The art deco era Silver Theater has been reborn with help from Discovery and AFI, showing independent American films, classics, and foreign films. The concert venue The Fillmore hosts rock, hip hop, and other acts, and the classic B&O rail line station has been revitalized and restored. The area’s renaissance has been documented by PBS. Once looking forlorn, downtown is strong, unique, and vital. It's a destination for residents, even with Washington D.C.'s many charms just a subway ride away. Sports haven’t been slighted either - the Silver Spring Saints Youth Football Organization is well supported, and rugby and tennis teams are also part of the mix.
The representation of ethnic minorities in Silver Spring is higher than the national average. The eight main ethnic groups that make up the population of Silver Spring are Black Or African American (34.8%), White (34%), Hispanic Or Latino (16.5%), Asian (8%), Two Or More (5.7%), Other (0.6%), American Indian Or Alaska Native (0.5%), and Native Hawaiian Or Other Pacific Islander (0%).
The representation of ethnic minorities in Silver Spring is higher than the national average. The eight main ethnic groups that make up the population of Silver Spring are Black Or African American (34.8%), White (34%), Hispanic Or Latino (16.5%), Asian (8%), Two Or More (5.7%), Other (0.6%), American Indian Or Alaska Native (0.5%), and Native Hawaiian Or Other Pacific Islander (0%).
Apartment List has released the results for Silver Spring from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
Searching for an apartment for rent in Silver Spring, MD? Look no further! Apartment List will help you find a perfect apartment near you. There are 134 available rental units listed on Apartment List in Silver Spring. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!
The average rent in Silver Spring is $1,594 for a studio, $1,928 for a one-bedroom apartment, and $2,393 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.
Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Silver Spring apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.
You can trust Apartment List to help you find your next Silver Spring, MD apartment rental! After all, everyone deserves a home they love.
Welcome to the Apartment List December 2024 Rent Report for Silver Spring, MD. Currently, the overall median rent in the city stands at $2,018, roughly the same as last month. Prices and are now up 0.2% year-over-year. Read on to learn more about what’s been happening in the Silver Spring rental market and how it compares to trends throughout the broader Washington metro area and the nation as a whole.
The median rent in Silver Spring rose by 0.1% over the course of November, and has now increased by a total of 0.2% over the past 12 months. Silver Spring’s rent growth over the past year has has fallen behind the state average (2.3%) and is similar to the national average (-0.6%).
Eleven months into the year, rents in Silver Spring have risen 0.3%. This is a slower rate of growth compared to what the city was experiencing at this point last year: from January to November 2023 rents had increased 5.5%.
If we expand our view to the wider Washington metro area, the median rent is $2,163 meaning that the median price in Silver Spring ($2,018) is 6.7% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at 3.1%, above the rate of rent growth within just the city.
The table below shows the latest rent stats for 29 cities in the Washington metro area that are included in our database. Among them, Tysons Corner is currently the most expensive, with a median rent of $2,600. Frederick is the metro’s most affordable city, with a median rent of $1,632. The metro's fastest annual rent growth is occurring in Centreville (11.7%) while the slowest is in Laurel (-0.5%).
You can also use the map below to explore the latest rent trends in the Washington metropolitan area.
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.
Welcome to the Apartment List December 2024 Rent Report for Silver Spring, MD. Currently, the overall median rent in the city stands at $2,018, roughly the same as last month. Prices and are now up 0.2% year-over-year. Read on to learn more about what’s been happening in the Silver Spring rental market and how it compares to trends throughout the broader Washington metro area and the nation as a whole.
Apartment List has released Silver Spring’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
"Silver Spring renters expressed general satisfaction with the city overall," according to Apartment List. "They gave most categories average scores."
Key Findings in Silver Spring include the following:
Silver Spring renters gave their city an A overall.
The highest-rated categories for Silver Spring were public transit and safety and low crime rate, which both received A+ scores.
The areas of concern to Silver Spring renters are affordability and pet-friendliness, which received C+ and B- grades, respectively.
Silver Spring millennials are very satisfied with their city, giving it an overall rating of A-.
Silver Spring earned similar scores compared to other nearby cities like Washington, DC (A-), Arlington (A), Alexandria (A) and Rockville (A+).
Silver Spring did relatively well compared to cities nationwide, including Philadelphia (C+), Dallas (B) and Los Angeles (C+).
The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
The name Silver Spring isn't just for show; original landowner Francis Preston Blair named Silver Spring, Maryland after finding fresh spring water whose base was flecked with mica in 1840.
Even if the town was named for the glitter of mica chips in spring water, there's no fools gold in Silver Spring
View Silver Spring City Guide