Home Price Key
Affordable
Average
Expensive
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 $1,055,211, higher than the Los Angeles average of $711,993.
The average cost of rent is $1,786/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. While nearly 27.88% of residents own their homes outright in Silver Lake, 67.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $7,745 per month. Households that rent pay about 23.06% of their income on rent here. Silver Lake's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Historic Filipinotown, Los Angeles, CA: less expensive homes
- Echo Park, Los Angeles, CA: less expensive homes
- Los Feliz, Los Angeles, CA: higher priced homes
- Westlake, Los Angeles, CA: less expensive homes
- Atwater Village, Los Angeles, CA: less expensive homes
- Koreatown, Los Angeles, CA: less expensive homes
- Mid Wilshire, Los Angeles, CA: equally priced homes
- Cypress Park, Los Angeles, CA: less expensive homes
- Tropico, Glendale, CA: less expensive homes
- New Downtown, Los Angeles, CA: less expensive homes
Neighborhoods with Similar Populations
- Charlotte Gardens, Bronx, NY: less expensive homes
- Westland, Galloway, OH: less expensive homes
- Western Hills Fort Worth, Fort Worth, TX: less expensive homes
- University, Columbus, OH: less expensive homes
- Carmel Valley, San Diego, CA: higher priced homes
- Carnegie Hill, Manhattan, NY: higher priced homes
- Carrollwood, Tampa, FL: less expensive homes
- Central City, Los Angeles, CA: less expensive homes
- Central Southwest, Houston, TX: less expensive homes
- Charleston Heights, Las Vegas, NV: less expensive homes
All Local Stats
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