Silver Beach renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Silver Beach is about $1,550 per month. This puts it in the 40th percentile compared to the city average cost of rent, which is $1,377. Households in Silver Beach have a median income of $7,309 per month so the average renter in Silver Beach is spending roughly 21% of their earnings on housing.
Nationally, and in Silver Beach, home values are the data point most closely correlated with the cost of rent. The median price of a home in Silver Beach is $537,041 right now, which is higher than nearby neighborhoods, meaning that rents in Silver Beach also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Silver Beach while lower rent rates are often available in southwestern areas.
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