Home prices
The median home in Silver Lake is valued at $75,600. In comparison to the surrounding areas this is about $8,780 (10%) lower.It is roughly $141,900 (65%) lower compared to the entire country, and it is about $39,500 (34%) lower in comparison to the city of Fort Wayne.
Rents
Silver Lake's median monthly rent is $687. Compared to other places in this area it is about $13 (1%) higher.It is approximately $375 (35%) lower compared to the entire nation, and is roughly $77 (10%) lower in comparison to the city of Fort Wayne.
Nearby places
Claypool
Claypool is approximately 3 miles north of Silver Lake. The real estate prices there are fairly similar. The median home in Claypool is valued at $74,300, which comes out to $1,300 (1%) lower than Silver Lake. Its rents are a bit less expensive. The median rent in Claypool is $589 per month, which comes out to $98 (16%) lower than Silver Lake.
Akron
Akron is approximately 6 miles west of Silver Lake. Its housing prices are a little more expensive. The median home in Akron is valued at $82,800, which comes out to $7,200 (8%) higher than Silver Lake. The rent there is pretty similar. In Akron the median rent is $685 a month, which is very similar to Silver Lake.
Laketon
Laketon is about 6 miles south from Silver Lake. The housing prices there are a little more expensive. The median home in Laketon is valued at $86,900, which works out to $11,300 (13%) higher than Silver Lake. Rent there is a bit less expensive. In Laketon the median rent is $636 per month, which works out to $51 (8%) lower than Silver Lake.
North Manchester
North Manchester is about 7 miles southeast from Silver Lake. The real estate prices there are somewhat more expensive. The median home cost in North Manchester is $94,900, which is $19,300 (20%) higher than Silver Lake. Rent there is somewhat more expensive. In North Manchester the median monthly rent is $781, which is $94 (12%) higher than Silver Lake.
Mentone
Mentone is roughly 9 miles northwest from Silver Lake. The housing prices there are somewhat more expensive. The median home in Mentone costs $83,000, which is $7,400 (8%) higher than Silver Lake. Rent there is fairly similar. In Mentone the median monthly rent is $681, which is very similar to Silver Lake.
