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Affordable
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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 $129,900, lower than the Texas average of $322,096.
The average cost of rent is $1,182/mo in Lake City, primarily driven by the current value of real estate in the Lake City area. In Lake City, 13.02% of households rent, and 63.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake City is $6,167 per month. Households that rent pay about 19.17% of their income on rent here. Lake City’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mathis, TX: equally priced homes
- Sandia, TX: higher priced homes
- San Patricio, TX: higher priced homes
- Tynan, TX: higher priced homes
- Orange Grove, TX: higher priced homes
- Sandy Hollow-Escondidas, TX: higher priced homes
- Hubert, TX: higher priced homes
- West Sinton, TX: higher priced homes
- Edroy, TX: higher priced homes
- Papalote, TX: higher priced homes
Cities with Similar Populations
- Maramec, OK: higher priced homes
- Lillard, TX: less expensive homes
- Lillie, LA: less expensive homes
- Lilly, GA: less expensive homes
- Linndale, OH: less expensive homes
- Little Shasta, CA: higher priced homes
- Littleton, WV: less expensive homes
- Livingston, SC: less expensive homes
- Locust Hill, NC: higher priced homes
- Libertypole, NY: higher priced homes
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