In Silver Springs Shores, a typical home is worth $201,300 and typical rent is $1,430 a month. Compared with all of Marion County, the typical home value is 17% lower and typical rent is 12% higher.
Silver Springs Shores is in Marion County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Marion County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Silver Springs Shores is worth $201,300,17% less than in Marion County as a whole ($243,100).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Silver Springs Shores
What homes there are in Silver Springs Shores, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Silver Springs Shores
Marion County
Florida
United States
Kind of home: Silver Springs Shores and its comparisons
Measure
Silver Springs Shores
Marion County
Florida
United States
Detached house
86%
68%
55%
61%
Attached house
Unreliable estimate
3%
7%
6%
Building of 2 to 4
4%
5%
6%
8%
Apartments (5 or more)
Unreliable estimate
7%
25%
19%
Mobile home
Unreliable estimate
18%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Silver Springs Shores: 86% of homes, more than in Marion County (68%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Silver Springs Shores
Marion County
Florida
United States
Year built: Silver Springs Shores and its comparisons
Measure
Silver Springs Shores
Marion County
Florida
United States
Before 1960
Unreliable estimate
5%
10%
26%
1960–1979
17%
19%
24%
24%
1980–1999
36%
38%
34%
25%
2000–2009
28%
24%
18%
14%
2010 or later
17%
14%
14%
11%
The typical home in Silver Springs Shores was built in 1997, 4 years after the typical one in Marion County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K14%
$100K–$200K36%
$200K–$300K40%
$300K–$500K8%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Silver Springs Shores and its comparisons
Measure
Silver Springs Shores
Under $100K
14%
$100K–$200K
36%
$200K–$300K
40%
$300K–$500K
8%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 97% of owner-occupied homes in Silver Springs Shores sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49938%
$1,500–$1,99931%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Silver Springs Shores and its comparisons
Measure
Silver Springs Shores
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
38%
$1,500–$1,999
31%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,208 a month
Marion County: $1,406 a month
Without a mortgage
$393 a month
Marion County: $499 a month
Owners with a mortgage
68%
Marion County: 49%
In Silver Springs Shores, 68% of owners have a mortgage, and their typical cost is $1,208 a month, against $1,406 in Marion County. Without one it drops to $393.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Silver Springs ShoresBoundaries changed
Marion County+74%
Florida+67%
United States+53%
Typical rent
Silver Springs ShoresBoundaries changed
Marion County+43%
Florida+42%
United States+33%
Typical household income
Silver Springs ShoresBoundaries changed
Marion County+35%
Florida+34%
United States+29%
Change since 2015–2019: Silver Springs Shores and its comparisons
Measure
Silver Springs Shores
Marion County
Florida
United States
Typical home value
Boundaries changed
+74%
+67%
+53%
Typical rent
Boundaries changed
+43%
+42%
+33%
Typical household income
Boundaries changed
+35%
+34%
+29%
Silver Springs Shores does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Marion County the typical home value rose 74%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Silver Springs Shores and its comparisons
Measure
Silver Springs Shores
Marion County
Florida
United States
Rental vacancy
Unreliable estimate
9.1%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.6%
1.4%
0.9%
More than one person per room
Unreliable estimate
2.1%
3.3%
3.4%
People per household
2.74
2.37
2.51
2.53
Drive alone
69%
75%
70%
69%
Carpool
16%
11%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
14%
12%
16%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Silver Springs Shores has 2.74 people, more than in Marion County (2.37).
Carpooling is common in Silver Springs Shores: 16% of workers get to work that way, against 11% in Marion County.
Do the math
What would you pay each month for a home in Silver Springs Shores?
A typical home is tight for the typical income
We start with a typical home in Silver Springs Shores, worth $201,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Silver Springs Shores, which is $63,611 a year. For that payment to be 28% of income, a household would need to earn about $69,828 a year.
The calculator's FHA and conventional loan limits are those of all of Marion County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Silver Springs Shores. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,046 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,629
at 7.18% · 30 years
Loan amount
$197,653
Total interest
$284,377
Paid off in
November 2056
Includes $3,399 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,484 a month
Tight
$1,484 to $1,908 a month
Your payment · 31%
Hard
more than $1,908 a month
Compared with the typical household income in Silver Springs Shores ($63,611 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,339
Property tax
$117
Home insurance
$84
FHA mortgage insurance (MIP)
$89
You need at least $7,046 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,629; principal and interest $1,339.
The city and its county
Silver Springs Shores and Marion County
Silver Springs Shores is in Marion County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Silver Springs Shores
Map of Marion County, Florida, with Silver Springs Shores marked. Around it, the neighboring counties.
Silver Springs Shores
Marion County
Other cities with a page
Silver Springs Shores's own numbers
Typical home value
$201,300
Typical monthly rent
$1,430
Typical yearly household income
$63,611
Households that own their home
78%
Effective property tax rate
0.7%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Marion County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,394
Price change over 5 years (FHFA)
+63%
Homes in a high flood-risk zone
4.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Marion County.
A typical home in Silver Springs Shores is worth $201,300: 17% below the county and 44% below Florida. With the typical household income in Silver Springs Shores ($63,611 a year), a typical home costs 3.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Silver Springs Shores3.2 years
Marion4.0 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Marion County
According to FHFA’s house price index, home prices in Marion County rose 132% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Marion County.
Yearly change in FHFA’s price index in Marion County, 2016 to 2025
2016: +7.2% +7.2% 2016
2017: +8.5% +8.5% 2017
2018: +8.5% +8.5% 2018
2019: +7.7% +7.7% 2019
2020: +4.8% +4.8% 2020
2021: +17.1% +17.1% 2021
2022: +26.3% +26.3% 2022
2023: +6.6% +6.6% 2023
2024: +2.8% +2.8% 2024
2025: +0.8% +0.8% 2025
Change in FHFA’s price index in Marion County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
+0.8%
−0.5%
+2.9%
5 years (2020–2025)
+63%
+60%
+47%
10 years (2015–2025)
+132%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Silver Springs Shores next to Marion County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Silver Springs Shores$201,300
Marion$243,100
Florida$359,000
United States$332,700
Typical monthly rent
Silver Springs Shores$1,430
Marion$1,277
Florida$1,669
United States$1,413
Typical yearly household income
Silver Springs Shores$63,611
Marion$61,010
Florida$74,568
United States$80,734
See the full table
Silver Springs Shores next to Marion County and Florida
Measure
Silver Springs Shores
Marion County
Florida
U.S.
Typical home value
$201,300 ▼17% below the county
$243,100
$359,000
$332,700
Typical monthly rent
$1,430 ▲12% above the county
$1,277
$1,669
$1,413
Typical yearly household income
$63,611 ▲4% above the county
$61,010
$74,568
$80,734
Households that own their home
78% ▲1 points above the county
77%
68%
65%
Typical yearly property tax
$1,406 ▼22% below the county
$1,806
$2,730
$3,119
Effective property tax rate
0.7% ▼0.04 points below the county
0.74%
0.76%
0.94%
Renters with high rent for their income
54% ▲1 points above the county
53%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Marion County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Silver Springs Shores
For a typical $201,300 home in Silver Springs Shores, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Silver Springs Shores's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,629a month
Least cash to close
Down payment
$7,046
Cash to close
$13,085
Rate
7.18%
Mortgage insurance
FHA MIP · $89
Conventional, 5% down$1,592a month
Down payment
$10,065
Cash to close
$16,104
Rate
7.18%
Mortgage insurance
PMI · $96
Conventional, 20% down, no PMI$1,292a month
Down payment
$40,260
Cash to close
$46,299
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,478a month
Down payment
$30,195
Cash to close
$36,234
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Silver Springs Shores
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,629
$7,046
$197,654
7.18%
FHA MIP · $89
$13,085
580
Conventional, 5% down
$1,592
$10,065
$191,235
7.18%
PMI · $96
$16,104
620*
Conventional, 20% down, no PMI
$1,292
$40,260
$161,040
7.18%
None
$46,299
620*
ITIN, 15% down (example)
$1,478
$30,195
$171,105
8.18%
None
$36,234
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Silver Springs Shores is $1,430 a month: 12% above the county. In Silver Springs Shores, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Marion County, by unit size. To pay the 2-bedroom one ($1,394 a month) without spending more than 30% of your income, you would need to earn $26.81 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Marion County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,194
$22.96
$47,760
1 bedroom
$1,201
$23.10
$48,040
2 bedrooms
$1,394
$26.81
$55,760
3 bedrooms
$1,836
$35.31
$73,440
4 bedrooms
$1,925
$37.02
$77,000
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Silver Springs Shores
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Silver Springs Shores is in ZIP code 34472.
For 2 bedrooms it is $1,480: $86 more than the fair market rent for Marion County ($1,394).
Fair market rent by ZIP code and size in Silver Springs Shores, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
34472
$1,270
$1,280
$1,480
$1,950
$2,040
ZIP code2 bd3 bd
34472 $1,480$1,950
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Silver Springs Shores when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Marion County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Silver Springs Shores or Marion County. The ones below are statewide in Florida: they work in Silver Springs Shores the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
The HUD-approved agencies closest to the center of Silver Springs Shores, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
CL
Community Legal Services of Mid-Florida, Inc. - Ocala Office
No legal help resource on our list is for Silver Springs Shores or Marion County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Silver Springs Shores and all of Marion County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Silver Springs Shores?
The typical home value in Silver Springs Shores is $201,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Marion County it is $243,100.
How much does it cost to rent in Silver Springs Shores?
Typical rent in Silver Springs Shores is $1,430 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Marion County is $1,394.
What is the FHA loan limit in Silver Springs Shores?
Silver Springs Shores uses the FHA limit for all of Marion County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Silver Springs Shores?
The typical homeowner in Silver Springs Shores pays $1,406 a year, according to the U.S. Census Bureau. That is 0.7% of the home’s value; in Marion County, the rate is 0.74%.
Where can I find free help to buy or rent in Silver Springs Shores?
There are 2 HUD-approved counseling agencies with an office in Marion County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
