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 $410,197, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,002/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. While nearly 28.70% of residents own their homes outright in Silver Lake, 8.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $9,760 per month. Households that rent pay about 10.27% of their income on rent here. Silver Lake's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Pembroke, MA: higher priced homes
- Monponsett, MA: equally priced homes
- Kingston, MA: higher priced homes
- Halifax, MA: equally priced homes
- Duxbury, MA: higher priced homes
- Plympton, MA: equally priced homes
- Hanson, MA: equally priced homes
- Marshfield, MA: higher priced homes
- Standish, MA: higher priced homes
- North Carver, MA: equally priced homes
Cities with Similar Populations
- Whitehead, NC: less expensive homes
- Boles, AR: less expensive homes
- Bovina, MS: less expensive homes
- Boyd, MN: less expensive homes
- Boys Ranch, TX: less expensive homes
- Bradshaw, WV: less expensive homes
- Brewers, KY: less expensive homes
- Bruin, PA: less expensive homes
- Buena Vista, CA: less expensive homes
- Burnt Cabins, PA: less expensive homes
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