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Frequently asked questions

What is the average rent in Silver Lake, Essex County, NJ?

The average rent in Silver Lake, Essex County, NJ is $1,845.

What type of rental buildings are in Silver Lake, Essex County, NJ?

In Silver Lake 43% of the housing is rented out compared to 57% of homes are owned, according to the most recent Census Bureau estimates. 12% of Silver Lake's apartments are found in large buildings of 50 units or more, 73% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

What do typical apartment communities look like in Silver Lake, Essex County, NJ?

The average age of rental buildings in Silver Lake is 51 years old, with 29% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 68% are garden-style apartment communities, 36% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Silver Lake, Essex County, NJ?

Rental apartments in Silver Lake come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 76% of the total apartments in the city, while 2-bedroom floorplans represent around 21% of all rentals in Silver Lake. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.