Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Alfred area can be challenging. Home prices in Lake Alfred are now at a median cost of $131,452, lower than the Florida average of $278,762.
The average cost of rent is $1,045/mo in Lake Alfred, primarily driven by the current value of real estate in the Lake Alfred area. While nearly 46.20% of residents own their homes outright in Lake Alfred, 25.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Alfred is $4,182 per month. Households that rent pay about 24.98% of their income on rent here. Lake Alfred's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Auburndale, FL: higher priced homes
- Inwood, FL: less expensive homes
- Winter Haven, FL: higher priced homes
- Holiday Manor, FL: higher priced homes
- Cypress Gardens, FL: higher priced homes
- Haines City, FL: higher priced homes
- Lake Hamilton, FL: higher priced homes
- Fussels Corner, FL: less expensive homes
- Eagle Lake, FL: equally priced homes
- Kossuthville, FL: equally priced homes
Cities with Similar Populations
- Raymond, NH: higher priced homes
- Mulvane, KS: higher priced homes
- Murphy, MO: higher priced homes
- Oakvale, WV: less expensive homes
- Portland, MI: higher priced homes
- Prairie Grove, AR: higher priced homes
- Princeton, KY: less expensive homes
- Proctorville, OH: higher priced homes
- Prospect, CT: higher priced homes
- Pryor, OK: higher priced homes
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