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These days, finding an affordable place to live in the Silver Beach Heights area can be challenging. Home prices in Silver Beach Heights are now at a median cost of $307,574, lower than the Florida average of $396,783.
The average cost of rent is $1,610/mo in Silver Beach Heights, primarily driven by the current value of real estate in the Silver Beach Heights area. In Silver Beach Heights, 18.27% of households rent, and 51.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver Beach Heights is $6,517 per month. Households that rent pay about 24.71% of their income on rent here. Silver Beach Heights’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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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