Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Magdalene area can be challenging. Home prices in Lake Magdalene are now at a median cost of $293,459, higher than the Florida average of $278,762.
The average cost of rent is $1,247/mo in Lake Magdalene, primarily driven by the current value of real estate in the Lake Magdalene area. While nearly 36.86% of residents own their homes outright in Lake Magdalene, 36.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Magdalene is $6,007 per month. Households that rent pay about 20.76% of their income on rent here. Lake Magdalene's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Northdale, FL: equally priced homes
- University, FL: less expensive homes
- Lutz, FL: higher priced homes
- Egypt Lake-Leto, FL: less expensive homes
- Citrus Park, FL: equally priced homes
- Cheval, FL: higher priced homes
- Tampa, FL: less expensive homes
- Temple Terrace, FL: less expensive homes
- Town 'n' Country, FL: less expensive homes
- Keystone, FL: higher priced homes
Cities with Similar Populations
- Aliquippa, PA: less expensive homes
- West Roxbury, MA: higher priced homes
- Westfield, NJ: higher priced homes
- Windsor, CA: higher priced homes
- Woodstock, IL: less expensive homes
- Castaic, CA: higher priced homes
- Agawam Town, MA: less expensive homes
- Bonney Lake, WA: higher priced homes
- Bloomington, CA: higher priced homes
- Bemidji, MN: less expensive homes
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