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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 $88,863, lower than the Kansas average of $243,949.
The average cost of rent is $802/mo in Lake City, primarily driven by the current value of real estate in the Lake City area. In Lake City, 6.32% of households rent, and 52.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake City is $6,525 per month. Households that rent pay about 12.30% of their income on rent here. Lake City’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sun City, KS: less expensive homes
- Medicine Lodge, KS: higher priced homes
- Isabel, KS: equally priced homes
- Nashville, KS: equally priced homes
- Sharon, KS: equally priced homes
- Belvidere, KS: higher priced homes
- Wilmore, KS: less expensive homes
- Zenda, KS: equally priced homes
- Coldwater, KS: equally priced homes
- Attica, KS: less expensive homes
Cities with Similar Populations
- Webster, IL: higher priced homes
- Beaumont, KS: higher priced homes
- Yarrelton, TX: higher priced homes
- Bellepoint, WV: higher priced homes
- Yankton, NE: higher priced homes
- Bettie, TX: higher priced homes
- Bexar, AR: higher priced homes
- Womack, LA: higher priced homes
- Birney, MT: higher priced homes
- Bismarck, OH: higher priced homes
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