516 Thayer Ave #102, Silver Spring, MD 20910
Property image
Property image
OFF MARKET

$227,900

Trulia Estimate
as of Aug 31, 2026
  • 2 Beds
  • 1 Bath
  • 813 sqft
  • 2 Beds
  • 1 Bath
  • 813 sqft

516 Thayer Ave #102, Silver Spring, MD 20910

Sligo Park Hills

Home Highlights

Property Type
Apartment
Living Area
813 sqft
Price/Sqft
$280

Local Information

  • Map ViewExplore the area around 516 Thayer Ave #102.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Walkable to everything in Downtown Silver Spring, including Metro, Safeway, CVS, Wholefoods, over 100 unique restaurants and a library. But just far enough to avoid traffic and noise.

New carpet in bedrooms. Recently renovated bathroom. Updated kitchen with tile floor and hardwood cabinets. Hardwood floors throughout living/dining. Very quiet tree-lined neighborhood street. Water is included in rent. Electric, gas, and wifi are not included.

Private, secure entrance. Only 6 units in this neighborly building! Common backyard with grilling provides quiet place to hang out or socialize with neighbors. Free washer/dryer one floor below unit. Free off-street reserved parking spot. Additional free street parking.

Pets are welcome!

Application Requirements:
Debt-to-Income Ratio: Monthly debt payments, including rent, must not exceed 50% of gross monthly income.
Eviction History: No evictions within the past 3 years.
Rental References: Positive references from previous landlords are required.
Occupancy Limit: Maximum of 3 occupants.

12 month lease with optional monthly extension. Renter pays utilities (electricity, gas, water, internet). One reserved parking spot included. Pets are allowed. Owner lives in DC and is personally responsive to any issues. Demonstration of ability to pay rent is required (e.g. proof of employment or other source of income).
516 Thayer Ave #102, Silver Spring, MD 20910 is a 2 bedroom, 1 bathroom, 813 sqft apartment in Sligo Park Hills. It last sold for $245,000 on Mar 8, 2006 (15,261% above the $1,595 asking price). More recently, it was listed as a rental in December 2024 with an asking price of $1,890 per month. That rental listing was removed on February 6, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $227,900, with a rent estimate of $1,994/month.

Home Details for 516 Thayer Ave #102

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 516 Thayer Ave #102

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Apartment
$84,149
11/04/25
2
1
854 sqft
0.47
Apartment
$187,000
09/30/25
2
1
881 sqft
0.54
Apartment
$142,000
03/26/26
2
1.5
1,016 sqft
0.74
Apartment
$600,000
06/25/26
2
1
1,100 sqft
1.23
Apartment
$710,000
01/14/26
1
1
591 sqft
1.58
Apartment
$175,000
06/02/26
1
1
720 sqft
1.58
Apartment
$170,000
12/17/25
1
1
720 sqft
1.52
Apartment
$404,900
10/20/25
1
1
600 sqft
2.62
Apartment
$365,000
10/02/25
2
1
800 sqft
2.21
Apartment
$810,000
10/01/25
2
2
725 sqft
Home facts updated by county records

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Sligo Park Hills

At least 55 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 79 % Say it's walkable to grocery stores

  • 79 % Say parking is easy

  • 77 % Say there are sidewalks

  • 75 % Say it's walkable to restaurants

  • 73 % Say yards are well-kept

  • 73 % Say kids play outside

  • 70 % Say there's wildlife

  • 67 % Say car is needed

  • 63 % Say there's holiday spirit

  • 63 % Say people would walk alone at night

  • 62 % Say they plan to stay for at least 5 years

  • 59 % Say it's quiet

  • 59 % Say neighbors are friendly

  • 53 % Say streets are well-lit

  • 42 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nikki L.
    "Silver Spring has it all. Great schools. Great parks. Great downtown business area. Great location. Great job market. "
  • Fdgaines
    "Awesome park setting with walking and bike trails! A treasure if you are a nature lover!! Quiet and safe community. "
  • Fdgaines
    "Moved here because of the tranquil park setting! Great neighborhood! 5 minute walk to the heart of downtown. "
  • Kiaunahunt
    "I lived in this neighborhood for over a decade. And it is very diverse. And that is what makes it unique"
  • Jacki R.
    "We have lived in this area for the past 5 years. When we purchased the home, neighbors waved and said hello. The neighborhood listserv keeps us connected and in the know as to what is going on in the community - both socially and politically. Holiday parties, block parties make this community a home. A neighborhood of government, non-profit, and education specialists lends a quiet civility to the area. Add to that easy metro access and access to downtown Silver Spring AND Takoma Park and you have a winner!"

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Feb 6, 2025
Source: Zillow Rentals
ListingRemoved
$1,595
Jan 20, 2025
Source: Zillow Rentals
PriceChange
$1,595
Price decreased by 11%
Jan 13, 2025
Source: Zillow Rentals
PriceChange
$1,795
Price decreased by 4%
Jan 2, 2025
Source: Zillow Rentals
PriceChange
$1,875
Price decreased by 1%
Dec 30, 2024
Source: Zillow Rentals
Listed For Rent
$1,890

Frequently asked questions about 516 Thayer Ave #102

  • What is 516 Thayer Ave #102 estimated to be worth?
    Trulia's estimated value for 516 Thayer Ave #102 in Silver Spring, MD is $227,900.
  • What is the price history for 516 Thayer Ave #102?
    516 Thayer Ave #102 in Silver Spring, MD last sold for $245,000 in March 2006.
  • Is Silver Spring a buyer's or seller's market?
    Silver Spring is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Silver Spring?
    The median sale price in Silver Spring is $535K. That is up $9.98K from the prior month.
  • Does 516 Thayer Ave #102 have air conditioning?
    Yes, 516 Thayer Ave #102 in Silver Spring, MD has air conditioning.
  • Does 516 Thayer Ave #102 have parking?
    Yes, 516 Thayer Ave #102 in Silver Spring, MD has on-site parking.

Homes for rent near 516 Thayer Ave #102

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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