
Home Price Key
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 $58,226, lower than the Michigan average of $196,062.
The average cost of rent is $629/mo in Silver City, primarily driven by the current value of real estate in the Silver City area. While nearly 75.00% of residents own their homes outright in Silver City, 9.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver City is $3,973 per month. Households that rent pay about 15.84% of their income on rent here. Silver City's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- White Pine, MI: equally priced homes
- Ontonagon, MI: higher priced homes
- Rockland, MI: higher priced homes
- Bergland, MI: higher priced homes
- Topaz, MI: higher priced homes
- Greenland, MI: higher priced homes
- Ewen, MI: higher priced homes
- White City, MI: higher priced homes
- North Paynesville, MI: higher priced homes
- Mass City, MI: higher priced homes
Cities with Similar Populations
- Buckeystown, MD: higher priced homes
- Vanadium, NM: higher priced homes
- Upper Dilia, NM: higher priced homes
- Unionville, NV: higher priced homes
- Ucolo, UT: higher priced homes
- Tysonville, AL: higher priced homes
- Truce, TX: higher priced homes
- Cascadia, OR: higher priced homes
- Casa Loma, CA: higher priced homes
- Carter, MS: higher priced homes
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