Silver Lake, Florida Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Silver Lake, Florida rental market.

Silver Lake, Florida

Average Apartment Rent

$1,192

Y-o-Y Change in Average
Apartment Rent

-6.2%

As of March 2026

Compared to a year ago, Silver Lake, Florida apartments have recorded a -6.2% rent decrease.

Silver Lake, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Silver Lake $1,110 $1,153 $1,223 $1,233 $1,229 $1,270 $1,303 $1,212 $1,192
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Silver Lake
National
Jul 2023
$1,110
$1,735
Nov 2023
$1,153
$1,724
Mar 2024
$1,223
$1,729
Jul 2024
$1,233
$1,750
Nov 2024
$1,229
$1,743
Mar 2025
$1,270
$1,749
Jul 2025
$1,303
$1,763
Nov 2025
$1,212
$1,749
Mar 2026
$1,192
$1,750

Silver Lake, Florida Average Apartment Rent

Silver Lake, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 97.79%, apartments priced $1,000 - $1,500 represent the bulk of Silver Lake, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.74%.

Silver Lake, Florida Housing tenure**

Renter occupied housing units 83
Owner occupied housing units 841

Renters take up 9% of Silver Lake, Florida real estate, occupying a total of 83 units, while homeowners live in 841 properties.

Median number of rooms of renter-occupied housing units**

3.7

Renter median household income**

$40,221

Average household size of renter-occupied housing units**

1.35

Silver Lake, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 17
1 bed 38
2 beds 28

There are 38 rentals in Silver Lake, Florida with 1 bed making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (20%), amounting to 17 units. Overall, the median number of rooms in Silver Lake, Florida homes for rent is 3.7.

Silver Lake, Florida Renter-occupied units by age of householder**

15 - 24 years 17
25 - 34 years 41
35 - 44 years 13
55 - 59 years 12

Most condos for rent in Silver Lake, Florida are occupied by residents in the 25 - 34 years age group (49%), followed by those in the 15 - 24 years age group (20%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 14%.

Silver Lake, Florida Renter-occupied housing units by family type**

Family households 26
Non-Family Households 57

Silver Lake, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 0
No related children of the householder under 18 83

Silver Lake, Florida Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 28
Some college or associate's degree 55

In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Silver Lake, Florida.

Silver Lake, Florida Renter-occupied units by year structure built**

Built 1990 - 1999 12
Built 1980 - 1989 58
Built 1970 - 1979 13

The highest share of Silver Lake, Florida apartment rentals, namely 70% or 58 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (16%, 13 units), and the ones Built 1990 - 1999 (14%, 12 units).

Silver Lake, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 30
Moved in 2018 to 2020 25
Moved in 2010 to 2017 28

Median year renter moved into unit 2020

Most Silver Lake, Florida renters (36%) moved in 2021 or later, while only 30% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Silver Lake, Florida condos for rent is 2020.

Silver Lake, Florida Renter-occupied housing units by vehicles available**

1 vehicle available 70
2 or more vehicles available 13

When it comes to transportation options, 84% of Silver Lake, Florida renters have 1 vehicle available per household, while 16% of them have 2 or more vehicles available.

Silver Lake, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 82
Worked at home 13

Silver Lake, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 65
Moved within same county 17
Moved from different county within same state 30

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Silver Lake, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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