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.
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 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.
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.
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