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 $297,902, lower than the New Jersey average of $388,929.
The average cost of rent is $1,237/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. While nearly 59.10% of residents own their homes outright in Silver Lake, 63.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $6,613 per month. Households that rent pay about 18.71% 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
- Bloomfield, NJ: higher priced homes
- Belleville, NJ: equally priced homes
- East Orange, NJ: less expensive homes
- Glen Ridge, NJ: higher priced homes
- Kearny, NJ: higher priced homes
- East Newark, NJ: equally priced homes
- Orange, NJ: less expensive homes
- Montclair, NJ: higher priced homes
- Newark, NJ: equally priced homes
- Harrison, NJ: higher priced homes
Cities with Similar Populations
- Vicey, VA: less expensive homes
- Victory, NY: less expensive homes
- Palestine, WV: less expensive homes
- Plainfield, MA: less expensive homes
- Piney Point, MD: higher priced homes
- Piney Grove, TX: less expensive homes
- Pine Ridge, MS: less expensive homes
- Piave, MS: less expensive homes
- Parvin, TX: higher priced homes
- Parkertown, NJ: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood