Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake City area can be challenging. Home prices in Lake City are now at a median cost of $338,600, lower than the Colorado average of $430,259.
The average cost of rent is $838/mo in Lake City, primarily driven by the current value of real estate in the Lake City area. While nearly 50.84% of residents own their homes outright in Lake City, 19.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake City is $3,810 per month. Households that rent pay about 22.00% of their income on rent here. Lake City's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ironton, CO: higher priced homes
- Ouray, CO: higher priced homes
- Ridgway, CO: higher priced homes
- Pandora, CO: higher priced homes
- Telluride, CO: higher priced homes
- Mountain Village, CO: higher priced homes
- Placerville, CO: higher priced homes
- Sawpit, CO: higher priced homes
- Norwood, CO: less expensive homes
- Redvale, CO: less expensive homes
Cities with Similar Populations
- Springfield, NH: less expensive homes
- Harvey, IA: less expensive homes
- Hathaway Mead, OR: higher priced homes
- Hayes, WI: less expensive homes
- Isleboro, FL: less expensive homes
- Silver Lake, NJ: less expensive homes
- Slaterville Springs, NY: less expensive homes
- Smyrna, WA: less expensive homes
- South Greenfield, MO: less expensive homes
- South Sodus, NY: less expensive homes
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