Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Isabella area can be challenging. Home prices in Lake Isabella are now at a median cost of $155,702, lower than the Michigan average of $196,062.
The average cost of rent is $849/mo in Lake Isabella, primarily driven by the current value of real estate in the Lake Isabella area. While nearly 40.42% of residents own their homes outright in Lake Isabella, 5.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Isabella is $5,635 per month. Households that rent pay about 15.07% of their income on rent here. Lake Isabella's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Village of Lake Isabella, MI: equally priced homes
- Two Rivers, MI: higher priced homes
- Weidman, MI: less expensive homes
- Remus, MI: equally priced homes
- Blanchard, MI: equally priced homes
- Sherman City, MI: less expensive homes
- Millbrook, MI: equally priced homes
- Barryton, MI: less expensive homes
- Winn, MI: less expensive homes
- Mount Pleasant, MI: equally priced homes
Cities with Similar Populations
- Lawton, IA: higher priced homes
- Rosebush, MI: less expensive homes
- Old River-Winfree, TX: higher priced homes
- Newark, MI: higher priced homes
- Natchez, LA: less expensive homes
- Mooers, NY: equally priced homes
- Meade, KS: less expensive homes
- Marshall, WA: higher priced homes
- Lozes, LA: less expensive homes
- Loretto, KY: less expensive homes
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