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These days, finding an affordable place to live in the Berkeley Lake area can be challenging. Home prices in Berkeley Lake are now at a median cost of $640,638, higher than the Georgia average of $324,634.
The average cost of rent is $2,218/mo in Berkeley Lake, primarily driven by the current value of real estate in the Berkeley Lake area. In Berkeley Lake, 9.98% of households rent, and 38.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berkeley Lake is $11,348 per month. Households that rent pay about 19.55% of their income on rent here. Berkeley Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Duluth, GA: less expensive homes
- Norcross, GA: less expensive homes
- Johns Creek, GA: equally priced homes
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- Suwanee, GA: less expensive homes
- Dunwoody, GA: equally priced homes
- Lilburn, GA: less expensive homes
- Alpharetta, GA: equally priced homes
- Tucker, GA: less expensive homes
- Chamblee, GA: less expensive homes
Cities with Similar Populations
- Round O, SC: less expensive homes
- Gillett, PA: less expensive homes
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- McGregor, MN: less expensive homes
- Medicine Lodge, KS: less expensive homes
- Milford, VA: less expensive homes
- Mona, UT: less expensive homes
- Mount Perry, OH: less expensive homes
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