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These days, finding an affordable place to live in the Silver Lake area can be challenging. Home prices in Silver Lake are now at a median cost of $238,237, lower than the Kansas average of $243,949.
The average cost of rent is $875/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. In Silver Lake, 19.04% of households rent, and 41.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $7,183 per month. Households that rent pay about 12.18% of their income on rent here. Silver Lake’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kiro, KS: higher priced homes
- Willard, KS: higher priced homes
- Rossville, KS: equally priced homes
- Topeka, KS: less expensive homes
- Maple Hill, KS: less expensive homes
- Dover, KS: higher priced homes
- Hoyt, KS: less expensive homes
- Delia, KS: equally priced homes
- St. Marys, KS: less expensive homes
- Auburn, KS: equally priced homes
Cities with Similar Populations
- Beale Afb, CA: higher priced homes
- Montana City, MT: higher priced homes
- Woodville, OH: less expensive homes
- Montrose, PA: equally priced homes
- Morrisville, NY: less expensive homes
- Nisswa, MN: higher priced homes
- Norco, LA: equally priced homes
- North Catasauqua, PA: equally priced homes
- Paddock Lake, WI: equally priced homes
- Perryopolis, PA: less expensive homes
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