The Most Affordable Neighborhoods in Silver Springs Shores, FL by Home Value

 

Silver Springs Shores, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Silver Springs Shores area can be challenging. Home prices in Silver Springs Shores are now at a median cost of $104,169, lower than the Florida average of $278,762.

The average cost of rent is $1,075/mo in Silver Springs Shores, primarily driven by the current value of real estate in the Silver Springs Shores area. While nearly 55.17% of residents own their homes outright in Silver Springs Shores, 36.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in Silver Springs Shores is $3,757 per month. Households that rent pay about 28.62% of their income on rent here. Silver Springs Shores's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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