Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fernan Lake Village area can be challenging. Home prices in Fernan Lake Village are now at a median cost of $487,437, higher than the Idaho average of $281,471.
The average cost of rent is $689/mo in Fernan Lake Village, primarily driven by the current value of real estate in the Fernan Lake Village area. While nearly 42.31% of residents own their homes outright in Fernan Lake Village, 43.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fernan Lake Village is $4,606 per month. Households that rent pay about 14.95% of their income on rent here. Fernan Lake Village's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Coeur d'Alene, ID: less expensive homes
- Dalton Gardens, ID: equally priced homes
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- McGuire, ID: less expensive homes
- Harrison, ID: equally priced homes
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- Rockford Bay, ID: higher priced homes
- Rockaway Beach, ID: higher priced homes
Cities with Similar Populations
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- Scotia, SC: less expensive homes
- Savonburg, KS: less expensive homes
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