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ZIP Code · MD

ZIP 20903

Pop. 24,815·Montgomery County·91st most expensive ZIP in Maryland
Median rent (all units)
$1,831/mo
Year-over-Year
+5.3%
Month-over-Month
-1.9%
vs US Median
-$134
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 20903 · $1,831
More expensive than 50% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,474
1 BR
$1,521
2 BR
$1,696
3 BR
$2,139
4 BR+
$2,512
Research median
$1,696/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,972/yr
At $1,831/mo median
Location
StateMD
CountyMontgomery County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+5.3% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 20903 (Silver Spring, MD) is majority renter-occupied, has a large share of families with children, 27.2% of residents hold a bachelor's degree or higher.

Population
24,815
Median income
$80,768
Median age
34.3
Renters
58.8%
Age distribution
29.5%
21.5%
26.8%
Under 1829.5%
18–3421.5%
35–5426.8%
55–6410.5%
65+11.6%
Gender
53.5%
46.5%
Male53.5%
Female46.5%
Race & ethnicity
25.8%
52.9%
White10.6%
Black25.8%
Hispanic52.9%
Asian10.4%
Education (25+)
33%
25.3%
14.6%
27.2%
No HS diploma33%
HS diploma25.3%
Some college14.6%
Bachelor's+27.2%
Housing tenure
41.2%
58.8%
Owner41.2%
Renter58.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 20903 in Silver Spring, MD has changed in 5 years

Income
$74,607 → $80,768
up 8.3%
Population
26,728 → 24,815
down 7.2%
Renter share
59.4% → 58.8%
-0.6 pts
Bachelor's+
24.4% → 27.2%
+2.8 pts
Median age
31.8 → 34.3
+2.5 yrs

Median household income grew from $74,607 to $80,768 between 2021 and 2024, a 8.3% shift. Headcount in the area went from 26,728 to 24,815 between 2021 and 2024, a 7.2% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24.4% to 27.2%.

Community

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Local insights

Tips for renters in ZIP 20903

About renting in ZIP 20903

Last updated: July 20, 2026

ZIP code 20903 covers Silver Spring, MD. The median rent here is $1,831/mo as of July 2026. A 1-bedroom rents for a median of $1,521/mo. A 2-bedroom rents for a median of $1,696/mo.

At 27% of local median household income ($80,768/yr), ZIP 20903 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 20903?

As of July 20, 2026, the median monthly rent in ZIP 20903 (Silver Spring, MD) is $1,831. This is based on aggregated data from public sources and community submissions.

How does ZIP 20903 rent compare to the US average?

ZIP 20903's median rent of $1,831/mo is $134 (7%) below the US national median of $1,965/mo.

How does ZIP 20903 compare to other ZIPs in Maryland?

ZIP 20903 falls in the middle range for Maryland, ranking #91 out of 140 ZIPs at $1,831/mo.

How much income do you need to rent in ZIP 20903?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,831/mo in ZIP 20903. The local median household income is $80,768/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 20903?

Rent in ZIP 20903 has increased 5.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 20903 an affordable place to rent?

ZIP 20903 is considered affordable for renters. At $1,831/mo, rent takes approximately 27% of the local median household income ($80,768/yr). The standard benchmark is 30%. ZIP 20903 falls comfortably within that range.

What percentage of ZIP 20903 residents rent vs. own?

According to Census data, approximately 58.8% of ZIP 20903 households are renters, while 41.2% are owner-occupied. With a majority renter population, ZIP 20903 has a strong rental market.

How does ZIP 20903 compare to the rest of Silver Spring?

ZIP 20903 is more affordable than Silver Spring overall. At $1,831/mo, it's $135 below the Silver Spring citywide median of $1,966/mo.

When was rent data for ZIP 20903 last updated?

Rent data for ZIP 20903 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,831/mo, rent takes ~27% of ZIP 20903's median household income ($80,768/yr). The standard benchmark is 30%.

ZIP 20903 27%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 20903 (Silver Spring, MD)

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