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These days, finding an affordable place to live in the Burton Lake area can be challenging. Home prices in Burton Lake are now at a median cost of $266,120, higher than the Ohio average of $236,816.
The average cost of rent is $1,236/mo in Burton Lake, primarily driven by the current value of real estate in the Burton Lake area. In Burton Lake, 1.59% of households rent, and 34.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burton Lake is $8,192 per month. Households that rent pay about 15.08% of their income on rent here. Burton Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newbury, OH: higher priced homes
- Burton, OH: equally priced homes
- South Newbury, OH: higher priced homes
- Welshfield, OH: equally priced homes
- Hiram Rapids, OH: equally priced homes
- Fowlers Mill, OH: higher priced homes
- Chagrin Falls, OH: higher priced homes
- South Russell, OH: higher priced homes
- Mantua Corners, OH: higher priced homes
- East Claridon, OH: higher priced homes
Cities with Similar Populations
- Pettysville, MI: higher priced homes
- New Salem, MI: equally priced homes
- Nockenut, TX: less expensive homes
- North Perry, OH: equally priced homes
- Norvell, MI: higher priced homes
- Nuiqsut, AK: less expensive homes
- Oak Forest, KY: less expensive homes
- Ogema, MN: less expensive homes
- Old Albertville, WI: less expensive homes
- Ottokee, OH: less expensive homes
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