Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lake County area can be challenging. Home prices in Lake County are now at a median cost of $330,620, lower than the Florida average of $396,783.
The average cost of rent is $1,718/mo in Lake County, primarily driven by the current value of real estate in the Lake County area. In Lake County, 22.40% of households rent, and 39.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake County is $6,630 per month. Households that rent pay about 25.91% of their income on rent here. Lake County’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Sumter County, FL: higher priced homes
- Orange County, FL: higher priced homes
- Seminole County, FL: higher priced homes
- Marion County, FL: less expensive homes
- Osceola County, FL: higher priced homes
- Citrus County, FL: less expensive homes
- Volusia County, FL: equally priced homes
- Hernando County, FL: less expensive homes
- Pasco County, FL: equally priced homes
- Brevard County, FL: equally priced homes
Counties with Similar Populations
- Allen County, IN: less expensive homes
- York County, PA: less expensive homes
- Waukesha County, WI: higher priced homes
- Virginia Beach City, VA: higher priced homes
- Tulare County, CA: equally priced homes
- Hampden County, MA: less expensive homes
- Genesee County, MI: less expensive homes
- Forsyth County, NC: less expensive homes
- East Baton Rouge Parish, LA: less expensive homes
- Dakota County, MN: higher priced homes
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