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 $267,600, higher than the Missouri average of $194,908.
The average cost of rent is $1,040/mo in Lake City, primarily driven by the current value of real estate in the Lake City area. While nearly 40.25% of residents own their homes outright in Lake City, 3.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake City is $7,880 per month. Households that rent pay about 13.20% of their income on rent here. Lake City's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Buckner, MO: less expensive homes
- Sibley, MO: less expensive homes
- Levasy, MO: equally priced homes
- Excelsior Springs Junction, MO: equally priced homes
- Blue Springs, MO: less expensive homes
- South Liberty, MO: less expensive homes
- Independence, MO: less expensive homes
- Lake Tapawingo, MO: higher priced homes
- Grain Valley, MO: less expensive homes
- Sugar Creek, MO: less expensive homes
Cities with Similar Populations
- Woodbury, VT: less expensive homes
- Logan, KS: less expensive homes
- Wingate, IN: less expensive homes
- Locust Hill, VA: less expensive homes
- Wingina, VA: less expensive homes
- Winton, MN: less expensive homes
- Winway, KS: less expensive homes
- Level Land, SC: less expensive homes
- Level Green, PA: less expensive homes
- Leola, SD: less expensive homes
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