Silver Hill, Maryland Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Silver Hill, Maryland rental market.
Silver Hill, Maryland
Average Apartment Rent
$1,612
Y-o-Y Change in Average
Apartment Rent
-3.2%
As of May 2026
Compared to a year ago, Silver Hill, Maryland apartments have recorded a -3.2% rent decrease.
Silver Hill, Maryland Average apartment rent trend
Silver Hill, Maryland Average Apartment Rent
Silver Hill, Maryland Apartment rent ranges
At 56.21%, apartments priced $1,500 - $2,000 represent the bulk of Silver Hill, Maryland rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.24%.
Silver Hill, Maryland Housing tenure**
Renters take up 77% of Silver Hill, Maryland real estate, occupying a total of 2,044 units, while homeowners live in 621 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$58,292
Average household size of renter-occupied housing units**
2.07
Rental vacancy rate**
6.6%
Silver Hill, Maryland Renter-occupied housing units by no. of bedrooms**
There are 960 rentals in Silver Hill, Maryland with 1 bed making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (6%), amounting to 124 units. Overall, the median number of rooms in Silver Hill, Maryland homes for rent is 3.7.
Silver Hill, Maryland Renter-occupied units by age of householder**
Most condos for rent in Silver Hill, Maryland are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Silver Hill, Maryland Renter-occupied housing units by family type**
Silver Hill, Maryland Renter-occupied housing units by the presence of own children**
A total of 862 apartments for rent in Silver Hill, Maryland, or 42% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 499 units. All in all, the median size of a renter-occupied household in Silver Hill, Maryland is 2.07.
Silver Hill, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Silver Hill, Maryland.
Silver Hill, Maryland Renter-occupied units by year structure built**
The highest share of Silver Hill, Maryland apartment rentals, namely 26% or 539 units, were Built 1960 - 1969, followed by those Built 1950 - 1959 (19%, 380 units), and the ones Built 1970 - 1979 (17%, 341 units).
Silver Hill, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Silver Hill, Maryland renters (44%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Silver Hill, Maryland condos for rent is 2018.
Silver Hill, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Silver Hill, Maryland renters have 1 vehicle available per household, 33% of them have No vehicle available, and 14% have 2 vehicles available.
Silver Hill, Maryland Means of transportation to work of householders living in renter-occupied housing units**
Silver Hill, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Silver Hill, Maryland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
