Property prices for rent in Silver Spring (Maryland)

The rent prices in real estate in Silver Spring, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

$1,643.17
Average price last 6 months
$1.94
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Silver Spring has fallen during the last 6 months. In August, the average price per sq.feet was $2.04. In September this price barely changed remaining at $1.98 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.01 to $1.95 per sq.feet. The price per sq.feet has fallen 95 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.98 to $1.87 during December, and January.

Average price

When referring to the price in Silver Spring (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $1,629. In September This price remains at $1,653. In the following two months the average price has hardly changed with regard to the previous two months from $1,641 to $1,673.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,657.25 and $1,615 between December and January.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,606 they are 8 % more affordable than the average price for Silver Spring . The properties with the highest average price have 4 bedrooms, Their price is 67 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,075.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.29 / sq.feet, with an average $1.85 / sq.feet price in Silver Spring. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.72 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,606 it is 1 % more expensive than the average price in Silver Spring. "Townhouse" is seen as the second most expensive property type. The most expensive property type is "" followed by "Villa". At a price of $2,025 it is 60 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $1.91 / sq.feet followed by "House" priced at $2.09 / sq.feet. "Villa" is the most expensive type of property with a $24 / sq.feet value followed by "Townhouse" with an average price of $10.45 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Silver Spring
Number of properties used in region Maryland
$1,606
$1.85
12,650
147,212
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
The Veridian 2 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
 20
The Veridian 2 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
$2,387
Silver Spring, Maryland - For Rent - Apartment - 1,086 sq.feet - 2 bedrooms - 2 bathrooms
The veridian apartments in silver spring, md features art deco architecture, an eco-friendly green roof and a short walk to silver spring metro. Our convenient...
The Veridian 1 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
 20
The Veridian 1 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
$1,738$1,838
Silver Spring, Maryland - For Rent - Apartment - 823 sq.feet - 1 bedroom - 1 bathroom
The veridian apartments in silver spring, md features art deco architecture, an eco-friendly green roof and a short walk to silver spring metro. Our convenient...
The Veridian Studio Apartment For Rent At 1133 1133 East West Highway, Silver Spring, Md 2...
 20
The Veridian Studio Apartment For Rent At 1133 1133 East West Highway, Silver Spring, Md 2...
$1,321
Silver Spring, Maryland - For Rent - Apartment - 500 sq.feet - 1 bathroom
The veridian apartments in silver spring, md features art deco architecture, an eco-friendly green roof and a short walk to silver spring metro. Our convenient...
The Veridian 2 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
 20
The Veridian 2 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
$2,469
Silver Spring, Maryland - For Rent - Apartment - 1,227 sq.feet - 2 bedrooms - 2 bathrooms
The veridian apartments in silver spring, md features art deco architecture, an eco-friendly green roof and a short walk to silver spring metro. Our convenient...
The Veridian 1 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
 20
The Veridian 1 Bedroom Apartment For Rent At 1133 1133 East West Highway, Silver Spring, M...
$1,686$1,733
Silver Spring, Maryland - For Rent - Apartment - 756 sq.feet - 1 bedroom - 1 bathroom
The veridian apartments in silver spring, md features art deco architecture, an eco-friendly green roof and a short walk to silver spring metro. Our convenient...