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 $220,358, lower than the Providence average of $332,634.
The average cost of rent is $1,082/mo in Silver Lake, primarily driven by the current value of real estate in the Silver Lake area. While nearly 24.81% of residents own their homes outright in Silver Lake, 45.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Lake is $5,101 per month. Households that rent pay about 21.21% of their income on rent here. Silver Lake's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Hartford, Providence, RI: equally priced homes
- Olneyville, Providence, RI: less expensive homes
- West End, Providence, RI: equally priced homes
- Wayland, Providence, RI: higher priced homes
- Federal Hill, Providence, RI: higher priced homes
- Valley, Providence, RI: higher priced homes
- Mount Pleasant, Providence, RI: equally priced homes
- Manton, Providence, RI: equally priced homes
- Upper South Providence, Providence, RI: equally priced homes
- Elmwood, Providence, RI: higher priced homes
Neighborhoods with Similar Populations
- Grantville, San Diego, CA: higher priced homes
- South Lake Union, Seattle, WA: higher priced homes
- South Arroyo, Pasadena, CA: higher priced homes
- Hybla Valley, Alexandria, VA: higher priced homes
- Hillsborough, Raleigh, NC: higher priced homes
- Hill, New Haven, CT: less expensive homes
- Highlandtown, Baltimore, MD: equally priced homes
- Hidden Valley, Charlotte, NC: less expensive homes
- Hartranft, Philadelphia, PA: less expensive homes
- Haddington, Philadelphia, PA: less expensive homes
All Local Stats
Home Services
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