Silver Lake takes its name from the reservoir at its heart, built in 1907 by the Los Angeles Department of Water and Power. This east-central Los Angeles neighborhood spans just three square miles but features mid-century modern homes and small apartment communities set against scenic hillsides. The area's architectural heritage includes homes designed by renowned architects Richard Neutra and Rudolph Schindler.

Renters in Silver Lake enjoy access to the 2.25-mile walking path around the reservoir and the adjacent meadow. The neighborhood's main corridors along Sunset Boulevard and Silver Lake Boulevard feature independent coffee shops, restaurants, and boutiques. The painted staircases throughout the hills provide both practical shortcuts between streets and serve as public art installations.

Located just minutes from downtown Los Angeles, Silver Lake provides convenient access to major employment centers. Commuters have access to the 101 and 5 freeways, while several Metro bus lines serve the area. The surrounding neighborhoods of Los Feliz, Echo Park, and Atwater Village are just a short drive away. Average rents for one-bedroom apartments in Silver Lake are $2,161, reflecting the neighborhood's established position in Los Angeles' rental market.