salaryRent is lower than in 67% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 31 minutes each way. Most homes (78.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $53,160 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Florida cities?
Yes. Rent here is cheaper than in most of Florida. It is number 52 of 479 cities from cheapest to most expensive.
How much do households earn in Silver Springs Shores?
Share of households by yearly income. 13.9% of households earn $100,000 or more.
Rent by apartment size in Silver Springs Shores
| Size | Silver Springs Shores | U.S. average |
|---|---|---|
| 1 bedroom | $1,026 | $1,324 |
| 2 bedrooms | $1,251 | $1,509 |
| 3 bedrooms | $1,762 | $1,698 |
| 4 bedrooms | $1,516 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Silver Springs Shores overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Silver Springs Shores, so the Florida figure is shown.
Taxes and bills in Silver Springs Shores
Life in Silver Springs Shores
Is it cheaper to rent or buy in Silver Springs Shores?
Renting is cheaper right now: about $68 a month less.
Owning assumes a typical $201,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,130 for the down payment.
Frequently asked questions
What is the average rent in Silver Springs Shores, FL?
Renting in Silver Springs Shores costs a median of about $1,329 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Silver Springs Shores?
To keep rent under 30% of income, you need about $53,160 a year, or $26 an hour at a full-time job.
Is Silver Springs Shores cheap or expensive?
Silver Springs Shores is rated OK: rent takes 23.2% of the typical household income of $68,604. It ranks 52nd cheapest of 479 Florida cities we track.
How much are property taxes in Silver Springs Shores?
The median homeowner in Silver Springs Shores pays $1,406 a year in property taxes, about 0.70% of the median home value.
Is Silver Springs Shores more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Silver Springs Shores?
The median home value in Silver Springs Shores is $201,300, about 2.9 times the typical yearly household income.
28,537 people live in Silver Springs Shores. Numbers are typical (middle) values.