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Affordable
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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 $149,420, lower than the Florida average of $396,783.
The average cost of rent is $1,434/mo in Silver Springs Shores, primarily driven by the current value of real estate in the Silver Springs Shores area. In Silver Springs Shores, 37.77% of households rent, and 45.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver Springs Shores is $4,009 per month. Households that rent pay about 35.78% of their income on rent here. Silver Springs Shores’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belleview, FL: higher priced homes
- Ocklawaha, FL: higher priced homes
- Silver Springs, FL: less expensive homes
- Ocala, FL: higher priced homes
- Lynne, FL: less expensive homes
- Eastlake Weir, FL: higher priced homes
- Moss Bluff, FL: less expensive homes
- Burbank, FL: higher priced homes
- Fellowship, FL: higher priced homes
- Dunnellon, FL: higher priced homes
Cities with Similar Populations
- Fishersville, VA: higher priced homes
- St. Augustine Beach, FL: higher priced homes
- Springs, NY: higher priced homes
- Spring Lake Park, MN: higher priced homes
- Spring City, TN: higher priced homes
- Southwood Acres, CT: higher priced homes
- Fort Meade, FL: higher priced homes
- Fort Campbell, TN: higher priced homes
- Fort Belvoir, VA: higher priced homes
- Forest Hill, MD: higher priced homes
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