The Most Affordable Neighborhoods in Silas, TX by Home Value

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 $75,766, lower than the Texas average of $322,096.

The average cost of rent is $689/mo in Silas, primarily driven by the current value of real estate in the Silas area. In Silas, 24.05% of households rent, and 70.52% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Silas is $3,769 per month. Households that rent pay about 18.29% of their income on rent here. Silas’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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