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 $120,500, lower than the New York average of $481,023.
The average cost of rent is $678/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. While nearly 48.26% of residents own their homes outright in Silver Lake, 9.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $7,160 per month. Households that rent pay about 9.47% 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
- Perry, NY: less expensive homes
- Castile, NY: less expensive homes
- West Perry, NY: equally priced homes
- Silver Springs, NY: less expensive homes
- Perry Center, NY: higher priced homes
- Mount Morris, NY: less expensive homes
- South Warsaw, NY: higher priced homes
- Oakland, NY: less expensive homes
- Leicester, NY: higher priced homes
- Tuscarora, NY: equally priced homes
Cities with Similar Populations
- Stokesville, GA: higher priced homes
- Chopin, LA: higher priced homes
- Claymour, KY: higher priced homes
- Clayton, IA: higher priced homes
- Clear Creek, UT: higher priced homes
- Clevenger, TN: less expensive homes
- Clintondale, PA: higher priced homes
- Stacy, TX: higher priced homes
- Stanzel, IA: higher priced homes
- Startown, NC: higher priced homes
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