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Affordable
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These days, finding an affordable place to live in the Silver Run area can be challenging. Home prices in Silver Run are now at a median cost of $303,700, higher than the Alabama average of $228,911.
The average cost of rent is $1,151/mo in Silver Run, primarily driven by the current value of real estate in the Silver Run area. In Silver Run, 10.81% of households rent, and 36.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver Run is $10,144 per month. Households that rent pay about 11.35% of their income on rent here. Silver Run’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.
Nearby Cities
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Cities with Similar Populations
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