Home prices
The median home in Silver Lake costs $227,600. In comparison to its surrounding areas this is about $69,720 (44%) higher.It is roughly $10,100 (4%) higher compared to the US as a whole, and is about $158,000 (227%) higher compared to the city of Cleveland.
Rents
In Silver Lake the median monthly rent is $1,575. This is about $736 (87%) higher in comparison to nearby areas.In comparison to the country as a whole it is approximately $513 (48%) higher, and compared to the city of Cleveland it is about $856 (119%) higher.
Nearby places
Stow
Stow is Silver Lake's neighbor to the northeast. The housing prices there are a little less expensive. The median home in Stow costs $181,400, which is $46,200 (25%) lower than Silver Lake. Rents there are a lot less expensive. Stow's median rent is $1,011 per month, which is $564 (55%) lower than Silver Lake.
Munroe Falls
Munroe Falls is Silver Lake's neighbor to the southeast. The real estate prices there are significantly less expensive. The median home in Munroe Falls costs $160,800, which works out to $66,800 (41%) lower than Silver Lake. The rent there is substantially less expensive. In Munroe Falls the median rent is $769 a month, which comes out to $806 (104%) lower than Silver Lake.
Cuyahoga Falls
Cuyahoga Falls is Silver Lake's neighbor to the west. The housing prices there are substantially less expensive. Cuyahoga Falls's median home price is $127,600, which comes out to $100,000 (78%) lower than Silver Lake. Rent there is substantially less expensive. The median monthly rent in Cuyahoga Falls is $840, which comes out to $735 (87%) lower than Silver Lake.
Tallmadge
Tallmadge is approximately 4 miles southeast of Silver Lake. Its real estate prices are a little less expensive. The median home in Tallmadge costs $172,900, which comes out to $54,700 (31%) lower than Silver Lake. Its rents are a lot less expensive. Tallmadge's median rent is $775 a month, which comes out to $800 (103%) lower than Silver Lake.
Kent
Kent is roughly 4 miles east from Silver Lake. Real estate prices there are substantially less expensive. The median home in Kent is valued at $146,700, which comes out to $80,900 (55%) lower than Silver Lake. Rent there is a lot less expensive. The median monthly rent in Kent is $801, which works out to $774 (96%) lower than Silver Lake.
