Rent to Own Homes in Silver Spring, MD

Silver Spring, Maryland, was founded in the mid-1800s. The city is named for one of the original springs in the country. Silver Spring is a major suburb of Washington, D.C. and has a population of close to 72,000 residents. Being in close proximity to the nations capital makes this town a hub for retail shops, restaurants, and companies. Silver Spring is a great town to reside in if you like a mixture of a small town tucked away in the heart of a major city. Some of the major landmarks include the Washington National Cathedral, President Lincoln's cottage and President Woodrow Wilson house. The Duke Ellington Memorial is also located in the city.

Housing Statistics

Since Silver Spring is a place where many who work in Washington, D.C. actually live, the cost of homes is not cheap. The average cost of a home is $425,000, almost double the cost of homes in other parts of Maryland. If you choose to rent, the cost to rent an apartment or house is not much better at almost $1,400 per month. But renting may be your best bet. Unlike many cities, there are more renters in the city than home owners. Fifty-two percent of the residents rent and 47 percent own their homes.

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Description
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F173a8e13d5efc1678102a20b41cfbe7
Listing Type
For Sale By Owner
Description

4 Beds, 3 Baths

Silver Spring, MD 20901

Accepting Offers

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School: Eastern Middle School
Grocery: 29 Mart
Restaurant: El-Gavilan Restaurant
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E6300f8ff24e9aced9dcb4a7e51489a7
Listing Type
REO Foreclosure
Description

1 Bed, 1 Bath

Silver Spring, MD 20910

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School: Rosemary Hills Elementary
Grocery: General Nutrition Ctr
Restaurant: Taqueria D F Inc
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B7c587420db2a9af00819b672d4b03c8
Listing Type
REO Foreclosure
Description

1 Bed, 1 Bath

Silver Spring, MD 20910

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School: East Silver Spring Elementary
Grocery: One Stop Shop Llc
Restaurant: Sligo Delicatessen
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B4a49998c6c91e64836fad759958590c
Listing Type
Fannie Mae/Freddie Mac
Description

2 Beds, 2 Baths

Silver Spring, MD 20910

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School: San Miguel School
Grocery: Nahom Market
Restaurant: Days Inn-Silver Spring
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62dbed1c122d508f1556c13de5be337b
Listing Type
For Sale By Owner
Description

6 Beds, 4 Baths

Silver Spring, MD 20901

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School: Acorn Hill Waldorf Kindergarten & Nursery
Grocery: Ertter's Supermarket Inc
Restaurant: Mrs K's Toll House
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82eb99b5d1c68c75cc42f73b6122cef7
Listing Type
REO Foreclosure
Description

1 Bed, 1 Bath

Silver Spring, MD 20910

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School: Quality Time Early Learning Center
Grocery: Veridian Market & Wine
Restaurant: Scion Restaurant
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Ba63963be016b032315c64bbf80b69b4
Listing Type
For Sale By Owner
Description

3 Beds, 2 Baths

Silver Spring, MD 20901

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School: Acorn Hill Waldorf Kindergarten & Nursery
Grocery: Forest Glen Deli
Restaurant: Jerry's Subs & Pizza
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A39b3b091ed26c4195f2ef128dba447e
Listing Type
For Sale By Owner
Description

3 Beds, 1 Bath

Silver Spring, MD 20910

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School: Takoma Park Middle School
Grocery: Iva's Market
Restaurant: Omo Bar & Restaurant
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15bb417bb061bc992477395602cb34da
Listing Type
For Sale By Owner
Description

3 Beds, 2 Baths

Silver Spring, MD 20910

Accepting Offers

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Bad Credit Accepted
Nearest
School: Takoma Park Middle School
Grocery: 4-You Convenient Mart
Restaurant: Sligo Delicatessen
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Transportation and Commute

Although there are many residents in this town that drive their own cars, many others choose to take the train system to get them back and forth to work. Many of the residents in Silver Spring work in Washington, and its much easier to ride the train than it is to drive your car. Silver Spring is serviced by the Brunswick Line of the MARC Train, as well as the Metrorail Red Line, Metrobus, Ride On, and the free VanGo. The Capital Beltway is the main highway. The Purple Line light rail also provides transportation to the residents.

Nightlife

Nightlife in Silver Spring is definitely alive and well, especially with the renovation of the downtown area. There are plenty of bars, nightclubs and concert events. The Filmore Silver Spring is one of the most popular spots. However, most residents will hop over to DC to enjoy a full-fledged intake of nightlife. If you need more places to go, there's the Quarry House Tavern, the Sidebar and the Limerick Pub to have a drink and socialize with the local residents. The Society Lounge should be on your list of places to eat. The lounge has some of the best tasting food in the city.

Neighborhoods

Here are some Silver Spring neighborhoods you should know about:

Downtown: This area has gone through some changes in recent years and now is cluttered with places to shop, eat, and enjoy. Don't worry, you'll enjoy the clutter when your biggest problem in life is determining which restaurant to eat in.

Cloverly: This is a suburban neighborhood and it has a mixture of homes, apartments and townhomes. Most of the area is owner occupied. But you may experience difficulty finding a place to live here, as the vacancy rate is less than one percent.

Woodmoor / Indian Spring Village: A wonderful place to live if you can afford it. The average rental prices are $2,000 per month. The average cost of rent to own homes in this area is 97% higher than other areas in Maryland. This is one of the wealthiest parts of town, and only 2.5% of other neighborhoods in the country are wealthier than this community.

Glenmont: This is an urban community that is very densely populated. The area is made up of mostly workers who commute back and forth to work using the train system. If you live here, get ready to be very close with your neighbors.