ZIP Code · MD

ZIP 20903

Part of Silver Spring, MD

Pop. 24,815·Montgomery County·91st most expensive ZIP in Maryland

Median rent (all units)

$1,786/mo

Year-over-Year

-0.1%

Month-over-Month

-0.2%

vs US Median

-$146

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 20903 · $1,786

More affordable than 52% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,437

1 BR

$1,484

2 BR

$1,654

3 BR

$2,087

4 BR+

$2,450

Research median

$1,654/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Maryland

Rent in ZIP 20903 changed -0.1% over the year to September 2026. Across the 124 Maryland ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($80,768) is $2,019 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,920); a 2-bedroom is $2,140.

Rank in Silver Spring

1st cheapest of 6 ZIP codes in Silver Spring.

Cheaper nearby

ZIP 20912, 3 miles away, rents for 10% less ($1,601/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 20903. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,432/yr

At $1,786/mo median

Location

CitySilver Spring

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 (-0.1% YoY, -0.2% 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

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About renting in ZIP 20903

Last updated: October 17, 2026

ZIP code 20903 covers Silver Spring, MD. The median rent here is $1,786/mo as of October 2026. A 1-bedroom rents for a median of $1,484/mo. A 2-bedroom rents for a median of $1,654/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 decreased 0.1% over the past year.

FAQ

Frequently asked questions

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 $71,000/year (about $34/hour full-time) to afford the median rent of $1,786/mo in ZIP 20903. The local median household income is $80,768/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 20903?

Rent in ZIP 20903 has been roughly flat over the past year, a -0.1% change.

How does ZIP 20903 compare to other ZIPs in Maryland?

ZIP 20903 is in the middle among Maryland ZIP codes for rent, ranking #91 of 140 at $1,786/mo. Over the year to September 2026, rent in ZIP 20903 changed -0.1%, against a typical +2.6% across the 124 Maryland ZIP codes Zillow tracks.