The Most Affordable Neighborhoods in Silver Peak, NV by Home Value

 

Silver Peak, NV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Silver Peak area can be challenging. Home prices in Silver Peak are now at a median cost of $108,900, lower than the Nevada average of $441,980.

The average cost of rent is $1,320/mo in Silver Peak, primarily driven by the current value of real estate in the Silver Peak area. In Silver Peak, 39.17% of households rent, and 82.68% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Silver Peak is $3,476 per month. Households that rent pay about 37.97% of their income on rent here. Silver Peak’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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