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Affordable
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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 $218,800, lower than the Texas average of $322,096.
The average cost of rent is $773/mo in Silver City, primarily driven by the current value of real estate in the Silver City area. In Silver City, 26.87% of households rent, and 65.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver City is $4,487 per month. Households that rent pay about 17.23% 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
- Pursley, TX: less expensive homes
- Corbet, TX: less expensive homes
- Purdon, TX: less expensive homes
- Eldorado Center, TX: equally priced homes
- Pickett, TX: less expensive homes
- Oak Valley, TX: less expensive homes
- Drane, TX: less expensive homes
- Rodney, TX: equally priced homes
- Spring Hill, TX: less expensive homes
- Dawson, TX: less expensive homes
Cities with Similar Populations
- Veal, GA: less expensive homes
- College Mound, MO: less expensive homes
- Concow, CA: higher priced homes
- Congruity, PA: higher priced homes
- Cub Lake, MS: less expensive homes
- Culver, MN: higher priced homes
- Curtis, AL: equally priced homes
- Dalark, AR: less expensive homes
- Trenton, AL: less expensive homes
- Tunerville, SD: equally priced homes
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