Silver Creek 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 Creek is about $1,730 per month. This puts it in the 39th percentile compared to the city average cost of rent, which is $1,252. Households in Silver Creek have a median income of $7,766 per month so the average renter in Silver Creek is spending roughly 22% of their earnings on housing.
Nationally, and in Silver Creek, home values are the data point most closely correlated with the cost of rent. The median price of a home in Silver Creek is $263,551 right now, which is lower than nearby neighborhoods, meaning that rents in Silver Creek also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Silver Creek while lower rent rates are often available in northern areas.
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