Housing & Real Estate — Silver Lake, Minnesota

Overview

Total Housing Units403
Occupied370
Vacant33
Owner-Occupied292
Renter-Occupied78
Median Home Value (Census)$202,600
Estimated 2026~$251,000
Median Rent$769/mo
Median Property Tax$2,853/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.4%
Severely Rent-Burdened8.7%

Housing Age

Built 2010 or later8
Built 2000-200931
Built 1990-199938
Built before 1960196
Median Year Built1957
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.