Melwood vs Silver Spring: Housing
| Melwood | Silver Spring | |
|---|---|---|
| Median Home Value | $397,800 | $643,300 |
| Median Gross Rent | $1,233/mo | $1,913/mo |
| Homeownership Rate | 83.6% | 38.3% |
| Rent as Share of Income | 18.2% | 23.0% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.