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Affordable
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These days, finding an affordable place to live in the Silica area can be challenging. Home prices in Silica are now at a median cost of $222,492, lower than the Minnesota average of $345,793.
The average cost of rent is $1,107/mo in Silica, primarily driven by the current value of real estate in the Silica area. In Silica, 4.54% of households rent, and 55.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silica is $5,616 per month. Households that rent pay about 19.72% of their income on rent here. Silica’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Goodland, MN: equally priced homes
- Pengilly, MN: equally priced homes
- Kelsey, MN: equally priced homes
- Little Swan, MN: less expensive homes
- Keewatin, MN: less expensive homes
- Calumet, MN: less expensive homes
- Hibbing, MN: less expensive homes
- Marble, MN: less expensive homes
- Toivola, MN: less expensive homes
- Warba, MN: equally priced homes
Cities with Similar Populations
- Brainard, NY: higher priced homes
- Washtucna, WA: less expensive homes
- Washburn, AR: less expensive homes
- Walton, OR: higher priced homes
- Wallace, KS: less expensive homes
- Wadesboro, LA: higher priced homes
- Volga, IN: equally priced homes
- Bunola, PA: less expensive homes
- Buffalo Springs, VA: less expensive homes
- Brush Fork, WV: less expensive homes
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