Home prices
The cost of the median home in Silver Creek is $198,100. In comparison to its nearby areas this is about $19,280 (10%) higher.In comparison to the US as a whole it is approximately $19,400 (8%) lower, and in comparison to the city of Minneapolis is roughly $53,500 (21%) lower.
Rents
In Silver Creek the median rent is $713 per month. In comparison to its surrounding areas it is about $111 (13%) lower.It is about $349 (32%) lower in comparison to the US as a whole, and compared to the city of Minneapolis is approximately $314 (30%) lower.
Nearby places
Maple Lake
Maple Lake is about 5 miles south from Silver Creek. Its real estate prices are a bit less expensive. The price of the median home in Maple Lake is $161,700, which works out to $36,400 (22%) lower than Silver Creek. Its rents are pretty similar. In Maple Lake the median monthly rent is $721, which comes out to $8 (1%) higher than Silver Creek.
Becker
Becker is roughly 6 miles northeast of Silver Creek. Housing prices there are somewhat less expensive. The median home cost in Becker is $188,400, which comes out to $9,700 (5%) lower than Silver Creek. Rent there is a bit more expensive. Becker's median monthly rent is $969, which is $256 (26%) higher than Silver Creek.
Annandale
Annandale is about 6 miles southwest of Silver Creek. The housing prices there are a bit less expensive. The median home value in Annandale is $172,100, which comes out to $26,000 (15%) lower than Silver Creek. Rent there is somewhat less expensive. The median monthly rent in Annandale is $572, which comes out to $141 (24%) lower than Silver Creek.
Clearwater
Clearwater is roughly 6 miles northwest from Silver Creek. Housing prices there are a little less expensive. The median home in Clearwater costs $172,000, which works out to $26,100 (15%) lower than Silver Creek. Rents there are a bit more expensive. In Clearwater the median monthly rent is $836, which works out to $123 (14%) higher than Silver Creek.
Monticello
Monticello is roughly 7 miles east of Silver Creek. Its housing prices are pretty similar. The median home cost in Monticello is $199,900, which is very similar to Silver Creek. Its rents are somewhat more expensive. Monticello's median monthly rent is $1,023, which works out to $310 (30%) higher than Silver Creek.
