Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Clarke Shores area can be challenging. Home prices in Lake Clarke Shores are now at a median cost of $397,135, higher than the Florida average of $278,762.
The average cost of rent is $1,153/mo in Lake Clarke Shores, primarily driven by the current value of real estate in the Lake Clarke Shores area. While nearly 39.62% of residents own their homes outright in Lake Clarke Shores, 13.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Clarke Shores is $8,183 per month. Households that rent pay about 14.09% of their income on rent here. Lake Clarke Shores's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
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