I've lived in Silver Spring for a while now. I attend Gallaudet, but went to UMD as an undergrad. White Oak (an area of Silver Spring) isn't particularly lively but apartments are in the $1200-1500 range (1-2 bedrooms) and the buses run til nearly midnight or so from Silver Spring Station. Also, parking downtown (about 15 minutes away) is free if you leave the garages after 7 PM, unlike Bethesda, where it is midnight before you get out. I rarely have to pay for parking and use the buses constantly. UMD to their Metro is a bit of a hike. I used to live basically across from the UMD metro station (as an undergrad) but it's doable if you don't mind walking a mile or so. Bikes are allowed on the Metro. Folding bikes can go at any time (or Xootrs or Trikkes or Razor scooters) and that makes it far more feasible except in mid Winter, most years.