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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 $199,671, lower than the North Carolina average of $323,314.
The average cost of rent is $980/mo in Silver City, primarily driven by the current value of real estate in the Silver City area. In Silver City, 59.62% of households rent, and 29.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver City is $4,090 per month. Households that rent pay about 23.96% of their income on rent here. Silver City’s most expensive areas are in the central 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
- Raeford, NC: higher priced homes
- Mccain, NC: less expensive homes
- Dundarrach, NC: less expensive homes
- Montrose, NC: higher priced homes
- Bowmore, NC: less expensive homes
- Lumber Bridge, NC: less expensive homes
- Shannon, NC: less expensive homes
- Duffies, NC: less expensive homes
- Red Springs, NC: less expensive homes
- Ashley Heights, NC: higher priced homes
Cities with Similar Populations
- Blandburg, PA: less expensive homes
- Tyhee, ID: higher priced homes
- Tyro, MS: less expensive homes
- Bethania, NC: higher priced homes
- Chatawa, MS: less expensive homes
- Ubet, WI: higher priced homes
- Bethel, DE: higher priced homes
- Jump, OH: less expensive homes
- Vesta, MN: less expensive homes
- Bexley, MS: less expensive homes
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