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Affordable
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These days, finding an affordable place to live in the Lake Garfield area can be challenging. Home prices in Lake Garfield are now at a median cost of $180,221, lower than the Florida average of $396,783.
The average cost of rent is $913/mo in Lake Garfield, primarily driven by the current value of real estate in the Lake Garfield area. In Lake Garfield, 11.42% of households rent, and 50.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Garfield is $4,595 per month. Households that rent pay about 19.88% of their income on rent here. Lake Garfield’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Alturas, FL: equally priced homes
- Bartow, FL: higher priced homes
- Homeland, FL: equally priced homes
- Eagle Lake, FL: higher priced homes
- Pembroke, FL: equally priced homes
- Fort Meade, FL: equally priced homes
- Waverly, FL: higher priced homes
- Lake Wales, FL: higher priced homes
- Highland Park, FL: higher priced homes
- Highland City, FL: higher priced homes
Cities with Similar Populations
- Singers Glen, VA: higher priced homes
- Guilderland Center, NY: higher priced homes
- Hadensville, VA: higher priced homes
- Hanover, CT: higher priced homes
- Harlansburg, PA: higher priced homes
- Helm, MO: equally priced homes
- Hickory Rock, NC: less expensive homes
- Rozellville, WI: higher priced homes
- Sagamore, MA: higher priced homes
- Schram City, IL: less expensive homes
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