Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Silver Spring area can be challenging. Home prices in Silver Spring are now at a median cost of $84,657, lower than the Milwaukee average of $243,883.
The average cost of rent is $889/mo in Silver Spring, primarily driven by the current value of real estate in the Silver Spring area. While nearly 36.77% of residents own their homes outright in Silver Spring, 67.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Spring is $3,139 per month. Households that rent pay about 28.33% of their income on rent here. Silver Spring's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Long View, Milwaukee, WI: higher priced homes
- McGovern Park, Milwaukee, WI: less expensive homes
- Valhalla, Milwaukee, WI: higher priced homes
- Hampton Heights, Milwaukee, WI: less expensive homes
- Menomonee River Hills East, Milwaukee, WI: higher priced homes
- Columbus Park, Milwaukee, WI: higher priced homes
- Menomonee River Hills, Milwaukee, WI: higher priced homes
- Silver Swan, Milwaukee, WI: higher priced homes
- Capitol Heights, Milwaukee, WI: higher priced homes
- Thurston Woods, Milwaukee, WI: less expensive homes
Neighborhoods with Similar Populations
- Broadway Junction, Brooklyn, NY: higher priced homes
- Pinehurst, Everett, WA: higher priced homes
- Schiller Park, Buffalo, NY: less expensive homes
- New City, Chicago, IL: higher priced homes
- Near East, Dallas, TX: higher priced homes
- Mount Pleasant, Washington, DC: higher priced homes
- Southgate, Portland, OR: higher priced homes
- Idle Hour, Lexington, KY: higher priced homes
- Huffman-O'Malley, Anchorage, AK: higher priced homes
- Wakefield Park, Annandale, VA: higher priced homes
All Local Stats
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