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 $198,021, higher than the Missouri average of $194,908.
The average cost of rent is $839/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. While nearly 40.47% of residents own their homes outright in Silver Lake, 19.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $5,695 per month. Households that rent pay about 14.74% of their income on rent here. Silver Lake's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Highland, MO: equally priced homes
- Parker Lake, MO: less expensive homes
- Yount, MO: less expensive homes
- Perryville, MO: less expensive homes
- Brewer, MO: equally priced homes
- Minnith, MO: equally priced homes
- North Patton, MO: less expensive homes
- Biehle, MO: equally priced homes
- Sereno, MO: higher priced homes
- Womack, MO: higher priced homes
Cities with Similar Populations
- Note, GA: less expensive homes
- Newcomb, NY: less expensive homes
- Newman, OH: less expensive homes
- Newton Hamilton, PA: less expensive homes
- Newtonville, AL: less expensive homes
- Nichburg, AL: less expensive homes
- Nipgen, OH: less expensive homes
- Nixburg, AL: higher priced homes
- North Buckfield, ME: less expensive homes
- North Liberty, PA: equally priced homes
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