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These days, finding an affordable place to live in the Silverton area can be challenging. Home prices in Silverton are now at a median cost of $518,151, higher than the Oregon average of $502,078.
The average cost of rent is $1,600/mo in Silverton, primarily driven by the current value of real estate in the Silverton area. In Silverton, 32.33% of households rent, and 37.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silverton is $7,859 per month. Households that rent pay about 20.36% of their income on rent here. Silverton’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Benedict, OR: equally priced homes
- Mount Angel, OR: less expensive homes
- Pratum, OR: higher priced homes
- Scotts Mills, OR: higher priced homes
- Monitor, OR: higher priced homes
- Oaklawn, OR: higher priced homes
- McKee, OR: less expensive homes
- Shaw, OR: higher priced homes
- Gervais, OR: less expensive homes
- Labish Village, OR: equally priced homes
Cities with Similar Populations
- Woodward, OK: less expensive homes
- Forest Park, IL: less expensive homes
- Forsyth, GA: less expensive homes
- Fort Drum, NY: less expensive homes
- Fort Gratiot, MI: less expensive homes
- Fort Hunt, VA: higher priced homes
- Fort Lewis, WA: equally priced homes
- Fort Mohave, AZ: less expensive homes
- Fort Morgan, CO: less expensive homes
- Franklin Park, PA: equally priced homes
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