Astro, you are looking for something like this:

http://www.elmcityhobbies.com/shop/index.php?main_page=product_info&cPath=166_167&products_id=2545

Not completely silent, but enough so you can use it in the basement, and they aren't going to hear it on the floor above you.

Yes they can be more expensive than a regular compressor from a DIY store, but they are quieter, and set up ready to go without having to run out and buy a bunch of fittings to convert the hose to run your airbrush.