Affordable & Income-Based Housing in Silver Spring

Affordability

Silver Spring has a median household income of $99,860 and a median asking rent of $1,913 per month, according to Census ACS 5-Year data (2024). With 62% of residents renting, demand for income-restricted housing is significant, making the 26 HUD-assisted and LIHTC properties in the area an important resource for cost-burdened renters.

Safety

No violent crime rate figure is available for Silver Spring in our current data. When researching any neighborhood, local police department reports and the FBI Crime Data Explorer are good starting points for publicly reported crime statistics.

Of the 26 HUD-assisted properties in Silver Spring, 2 fall within high-risk flood zones according to federal flood map data. Flood risk is worth considering when comparing properties, especially for ground-floor units.

Getting Around Silver Spring

According to Walk Score, the area around assisted properties in Silver Spring scores 7 out of 100 (Car-Dependent), with a Bike Score of 8 out of 100. These scores reflect walkability and bikeability near the specific locations of income-restricted housing in the city, not Silver Spring as a whole.

Schools

55 schools serve Silver Spring across 1 district, including 38 elementary, 10 middle, and 7 high schools, according to NCES Common Core of Data. Ratings vary by school, so renters should check the assigned schools for a specific address before applying.

Cost of Living in Silver Spring, MD

The median household income in Silver Spring is $99,860 per year, and the median market rent is $1,913 per month, according to Census ACS 5-Year estimates. For households that qualify, the 26 HUD-assisted and income-restricted properties in Silver Spring offer rents tied to income limits rather than market rates.

• Median household income: $99,860/year (Census ACS 5-Year)
• Median market rent: $1,913/month (Census ACS 5-Year)
• Renter households: 62% of occupied housing units (Census ACS 5-Year)
• Income-restricted units available: 2,972 across 26 properties

Environment & Flood Risk

Of the 26 assisted properties in Silver Spring, flood zone data was mapped for all 26. Only 2 carry a high-risk flood designation, meaning the vast majority of properties here face minimal flood exposure.