Apartments in Fairland Heights Silver Spring

1 - 11 of 11 Results
36
$2,100
48 Avonshire Ct Silver Spring, MD
2 BR | Available Now
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House
Disability Access
Dishwasher
16
$1,500 - 1,700
14000 Castle Blvd Silver Spring, MD
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
27
$1,725
3411 Gateshead Manor Way Silver Spring, MD
1 BR | Aug. 14, 2024
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Dog Friendly
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Luxury
Air Conditioning
In Unit Laundry
27
$1,725 - 2,110
3411 Gateshead Manor Way, Silver Spring, MD
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
10
$1,388 - 2,274
14175 Castle Blvd Silver Spring, MD
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
23
$1,584 - 1,865
3525 Sheffield Manor Terrace Silver Spring, MD
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
32
$1,522 - 2,566
13615 Colgate Way Silver Spring, MD
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Fitness Center
32
$1,622
13615 Colgate Way Silver Spring, MD
1 BR | Jul. 11, 2024
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
21
$1,850
1639 Carriage House Ter #j Silver Spring, MD
2 BR | Jun. 12, 2024
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Cat Friendly
Disability Access
Dishwasher
Springbrook Manor
20
$1,265 - 2,620
11932 Twinlakes Dr Beltsville, MD
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
17
$1,796 - 2,732
3900 Blackburn Ln Burtonsville, MD
1 - 3 BR | Available Now
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Dog Friendly
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Luxury
Section 8
Air Conditioning
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Silver Spring:
May Rent Report

Welcome to the May 2024 Silver Spring Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Silver Spring rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Silver Spring and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Silver Spring average rent prices in the chart below.

Monthly Rent Report

$2,150
$1,610
$1,080
$540
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Silver Spring Rent Prices Increase From April to May

Silver Spring rent prices increased over the last month. From April to May, the city experienced a 0.51% increase for the price of a one-bedroom apartment. The rent price for a Silver Spring one-bedroom apartments currently stands at $1,788.0.

When we take a look at the two-bedroom comparison from April to May, Silver Spring experienced a 0.88% increase for the price of a two-bedroom apartment. The rent price for a Silver Spring two-bedroom apartments currently stands at $2,074.0.

May Prices: Silver Spring vs. Surrounding Areas

Rent Prices in Silver Spring and Surrounding Areas

Rent prices have increased in Silver Spring over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Silver Spring suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Silver Spring suburbs

  • Rents did not decrease in any of the Silver Spring suburbs.

May 2024 Pricing Trends: Silver Spring vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Silver Spring Rent Prices More Affordable Than Major Cities

Rent growth in Silver Spring over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Silver Spring average rent prices appear to be relatively affordable for local residents.

The price for a Silver Spring one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Silver Spring and surrounding area rent prices, take a look at the complete data set below.

Data set for Silver Spring and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.