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These days, finding an affordable place to live in the Silas area can be challenging. Home prices in Silas are now at a median cost of $103,304, lower than the Alabama average of $228,911.
The average cost of rent is $291/mo in Silas, primarily driven by the current value of real estate in the Silas area. In Silas, 15.67% of households rent, and 76.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silas is $5,478 per month. Households that rent pay about 5.31% of their income on rent here. Silas’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Souwilpa, AL: higher priced homes
- Cullomburg, AL: equally priced homes
- Gilbertown, AL: higher priced homes
- Womack Hill, AL: equally priced homes
- Koenton, AL: less expensive homes
- Isney, AL: higher priced homes
- Wimberly, AL: higher priced homes
- Silver Cross, AL: less expensive homes
- Healing Springs, AL: equally priced homes
- West Bend, AL: less expensive homes
Cities with Similar Populations
- Underwood, WA: higher priced homes
- Chevy Chase View, MD: higher priced homes
- Clarksville, FL: equally priced homes
- Clear Lake, IL: higher priced homes
- Clements, CA: higher priced homes
- Coke, TX: higher priced homes
- Collierville, CA: higher priced homes
- Como, LA: less expensive homes
- Cook Springs, AL: higher priced homes
- Coventry, VT: higher priced homes
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