Home Price Key
Affordable
Average
Expensive
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 $177,371, higher than the Indiana average of $175,617.
The average cost of rent is $1,088/mo in Lake County, primarily driven by the current value of real estate in the Lake County area. While nearly 35.28% of residents own their homes outright in Lake County, 27.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake County is $5,907 per month. Households that rent pay about 18.42% of their income on rent here. Lake County's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Porter County, IN: higher priced homes
- LaPorte County, IN: less expensive homes
- Will County, IL: higher priced homes
- Kendall County, IL: higher priced homes
- St. Joseph County, IN: less expensive homes
- Elkhart County, IN: less expensive homes
- LaGrange County, IN: higher priced homes
- Noble County, IN: less expensive homes
- Steuben County, IN: higher priced homes
- Williams County, OH: less expensive homes
Counties with Similar Populations
- Adams County, CO: higher priced homes
- Sonoma County, CA: higher priced homes
- Spokane County, WA: higher priced homes
- Stanislaus County, CA: higher priced homes
- Volusia County, FL: higher priced homes
- Guilford County, NC: higher priced homes
- Greenville County, SC: higher priced homes
- Washoe County, NV: higher priced homes
- Douglas County, NE: higher priced homes
- Delaware County, PA: higher priced homes
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