Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Silver Creek area can be challenging. Home prices in Silver Creek are now at a median cost of $319,496, higher than the Minnesota average of $269,934.
The average cost of rent is $1,280/mo in Silver Creek, primarily driven by the current value of real estate in the Silver Creek area. While nearly 32.07% of residents own their homes outright in Silver Creek, 8.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Creek is $8,812 per month. Households that rent pay about 14.52% of their income on rent here. Silver Creek's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Maple Lake, MN: equally priced homes
- Hasty, MN: equally priced homes
- Annandale, MN: less expensive homes
- Clearwater, MN: less expensive homes
- Monticello, MN: less expensive homes
- South Haven, MN: equally priced homes
- Becker, MN: less expensive homes
- Buffalo, MN: less expensive homes
- West Albion, MN: equally priced homes
- Rassat, MN: equally priced homes
Cities with Similar Populations
- Bruce, WI: less expensive homes
- Castile, NY: less expensive homes
- Colchester, IL: less expensive homes
- Colquitt, LA: less expensive homes
- Smith River, CA: less expensive homes
- Summer Shade, KY: less expensive homes
- Sherman, NY: less expensive homes
- Rosita, TX: less expensive homes
- Romance, AR: less expensive homes
- Rockaway Beach, OR: less expensive homes
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