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These days, finding an affordable place to live in the Silver City area can be challenging. Home prices in Silver City are now at a median cost of $359,601, lower than the Idaho average of $450,170.
The average cost of rent is $1,274/mo in Silver City, primarily driven by the current value of real estate in the Silver City area. In Silver City, 23.74% of households rent, and 47.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver City is $6,601 per month. Households that rent pay about 19.30% of their income on rent here. Silver City’s most expensive areas are in the southern 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.
Nearby Cities
- Danner, OR: less expensive homes
- Jordan Valley, OR: less expensive homes
- Reynolds, ID: equally priced homes
- Oreana, ID: equally priced homes
- Murphy, ID: equally priced homes
- Melba, ID: higher priced homes
- Arock, OR: less expensive homes
- Grand View, ID: less expensive homes
- Marsing, ID: higher priced homes
- Mora, ID: higher priced homes
Cities with Similar Populations
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- Columbia Center, NY: less expensive homes
- Columbiaville, NY: less expensive homes
- Tracy, IN: less expensive homes
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