Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Forest Park area can be challenging. Home prices in Lake Forest Park are now at a median cost of $718,635, higher than the Washington average of $453,663.
The average cost of rent is $2,143/mo in Lake Forest Park, primarily driven by the current value of real estate in the Lake Forest Park area. While nearly 25.81% of residents own their homes outright in Lake Forest Park, 19.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Forest Park is $11,678 per month. Households that rent pay about 18.35% of their income on rent here. Lake Forest Park's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Kenmore, WA: equally priced homes
- Shoreline, WA: less expensive homes
- Brier, WA: less expensive homes
- Mountlake Terrace, WA: less expensive homes
- Inglewood-Finn Hill, WA: higher priced homes
- Bothell West, WA: less expensive homes
- Bothell, WA: less expensive homes
- Edmonds, WA: less expensive homes
- Woodway, WA: higher priced homes
- Lynnwood, WA: less expensive homes
Cities with Similar Populations
- Pembroke, NC: less expensive homes
- Oakland, NJ: less expensive homes
- Ocean Pines, MD: less expensive homes
- Ogdensburg, NY: less expensive homes
- Oil City, PA: less expensive homes
- Ojai, CA: higher priced homes
- Okmulgee, OK: less expensive homes
- Palos Heights, IL: less expensive homes
- Pelham, NH: less expensive homes
- Oak Park, CA: higher priced homes
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