Montgomery County, Maryland
Living in Silver Spring, MD
Among Montgomery County's 16 largest communities, Silver Spring has the largest share of rented homes (62% rented), the most transit commuting (14% of workers) and the second-most condo and apartment buildings (51% in buildings of 10+ units). With about 81,000 residents, it's Montgomery County's 2nd-largest community. Below: prices, housing and getting around, and how Fred works here.
- Median home value
- $643K
- Census, 2020–2024
- Median rent
- $1,913
- per month
- Own their home
- 38%
- of households
- Nearest Metro
- 0.8 mi
- Silver Spring
Local work
Fred in Silver Spring.
“What we admired the most were his insights during every home tour, and the patience he showed us as first-time, nervous home buyers.”
At a glance
Homes, prices & getting around.
The median home in Silver Spring is valued at $643K, close to the Montgomery County median of $640K — around the middle of the 16 Montgomery County communities compared on this site. Median rent is $1,913 a month (county: $2,068).
Housing here is mostly condo and apartment buildings — 51% of homes are in buildings of 10 or more units. Most homes are rented (62%, against 35% across Montgomery County). The typical home was built in 1964, older than the Montgomery County median of 1980.
The nearest Metro station is Silver Spring (Red Line), about a mile from the center of Silver Spring, and MARC commuter trains stop at the same station. Of workers here, 14% take public transit (above the Montgomery County rate of 7%) and 27% work from home.
Homes by type of building
- Detached houses 30%
- Townhouses 5%
- 2–9 unit buildings 14%
- 10+ unit buildings 51%
- Residents
- 81,015
- 2020 Census
- Homes
- 35,150
- 2020 Census
- Typical home built
- 1964
- median year
- Avg. commute
- 34 min
- one way
- Transit commuters
- 14%
- of workers
- Work from home
- 27%
- of workers
- Price-to-rent
- 28
- Montgomery County: 26
Straight-line distance to major job centers
- Bethesda / NIH
- 4 mi
- Downtown D.C.
- 7 mi
- Tysons
- 13 mi
- Fort Meade
- 17 mi
- Dulles Airport
- 24 mi
- Downtown Baltimore
- 30 mi
As the crow flies from the community's Census center point; drive times vary with traffic — Fred can map your real commute.
Questions
Living in Silver Spring: common questions.
Is Silver Spring a city? What county is it in?
What is the median home value in Silver Spring?
Do more people rent or own in Silver Spring?
How far is Silver Spring from downtown D.C.?
Which schools serve Silver Spring?
Is it cheaper to rent or buy in Silver Spring?
Are there first-time buyer programs for Silver Spring?
Can Fred help me buy or sell in Silver Spring?
How Fred helps
Your Silver Spring real estate agent.
Whether you're buying, selling, investing or relocating in Silver Spring, you work directly with Fred — a Realtor® licensed in Maryland, Virginia and D.C., with an accountant's eye for the numbers.
01
Buying
Tours, offers and negotiation in Silver Spring, with a patient, jargon-free guide from pre-approval to closing day.
02
Selling
Pricing from recent Silver Spring sales, then preparation and marketing for the strongest possible offer.
03
Investing
Rent-versus-own math, cash-flow analysis and neighborhood selection from an accounting and finance background.
04
Relocating
New to the area? Fred compares Silver Spring with nearby towns and runs remote tours before you arrive.
Nearby
Silver Spring and its neighbors.
The closest places on this site, across county and state lines. Takoma Park is about 1.8 miles away, Takoma & Brightwood is about 2.3 miles away, Langley Park is about 2.3 miles away.
| Community | Median home value | Own their home |
|---|---|---|
| Silver Spring | $643K | 38% |
| Takoma Park | $749K | 54% |
| Takoma & Brightwood, DC | $630K–$843K | 50% |
| Langley Park | $357K | 24% |
| Chillum | $394K | 40% |
| Petworth & Brightwood Park, DC | $574K–$1.32M | 63% |
| Wheaton | $501K | 65% |
ACS 2020–2024 5-year estimates. * = wide margin of error. “Typical home” is the most common kind of building. On smaller screens some columns are hidden; open on a laptop for population, home type and commute.
Next step
Thinking about Silver Spring?
Ask Fred for a current Silver Spring market report — recent sales, what's listed and what it means for your budget. Or call (202) 704-5931.
Sources: U.S. Census Bureau, 2020 Census and American Community Survey 2020–2024 5-year estimates; D.C. Office of Planning neighborhood clusters and regional rail stations (D.C. GIS). Home values are owners' own estimates averaged over 2020–2024, so they trail today's prices. This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. Data updated November 2026.