Silver Spring, MD Rental Market
Silver Spring is one of the most diverse and vibrant communities in the DC metro, directly adjacent to the District's northern border and served by the Red Line Metro. Discovery Communications (now Warner Bros. Discovery), NOAA headquarters, and a dense cluster of federal agencies provide stable high-income employment. The walkable downtown core, international dining scene, and direct Metro access to downtown DC make Silver Spring one of the most in-demand rental addresses for federal workers and young professionals in Montgomery County.
Get a rent estimate for an address in Silver SpringAverage Rent in Silver Spring, MD
$1,950
per month · 2026-06
Market Score
Key Facts — Silver Spring, MD Rental Market
- Average rent in Silver Spring, MD:$1,950/mo
- Median rent:$1,794/mo
- Rent range:$975 – $4,300/mo
- Most common rental (2 bedrooms):$1,725/mo
- Active listings:580
- Avg days to lease:25 days
- Year-over-year change:+3.8%
- Median home value:$510,000
- Est. gross annual yield:4.6%
- Data as of:2026-06
Rent by Bedroom in Silver Spring, MD
Average monthly rent for each bedroom type based on current active listings in Silver Spring.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,400/mo |
2 Bedrooms | $1,725/mo |
3 Bedrooms | $2,175/mo |
4 Bedrooms | $2,700/mo |
5 Bedrooms | $3,075/mo |
Silver Spring Rental Market Statistics
Key indicators from the current Silver Spring, MD rental market.
580
Available now in Silver Spring
25
From list to lease
$1.39
Average across listings
1,400 sq ft
Typical rental size
$975 – $4,300
Min to max active listings
+3.8%
Avg rent vs. prior year
Investing in Silver Spring, MD Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$510,000
Typical purchase price in Silver Spring
Est. Gross Annual Yield
4.6%
Before expenses & vacancy
Avg Monthly Income
$1,950
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Silver Spring for a full cash-flow breakdown including all costs.
Silver Spring, MD Rental Market FAQ
Common questions about renting and investing in Silver Spring, MD.
What is the average rent in Silver Spring, MD?
The average rent in Silver Spring, MD is $1,950 per month as of 2026. One-bedroom apartments average $1,400/mo, two-bedrooms average $1,725/mo, and three-bedroom homes average $2,175/mo. Units within walking distance of the Silver Spring Metro station and downtown core command the highest rents.
Is Silver Spring, MD a good place to invest in rental property?
Silver Spring offers a 4.6% estimated gross yield with one of the strongest transit-oriented rental locations in the DC suburbs. Its diverse, walkable character and direct Metro access to the District attract tenants willing to pay premium rents. Lower home prices than comparable DC-adjacent neighborhoods improve yield relative to other Montgomery County markets.
Who rents in Silver Spring, MD?
Silver Spring draws a highly diverse tenant mix: federal government workers and contractors commuting into DC via the Red Line, employees of major employers like NOAA and Warner Bros. Discovery, healthcare professionals at nearby Washington Adventist Hospital, and a large international community attracted by the city's globally diverse restaurant and cultural scene.
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