Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Mills area can be challenging. Home prices in Lake Mills are now at a median cost of $116,092, lower than the Iowa average of $182,666.
The average cost of rent is $636/mo in Lake Mills, primarily driven by the current value of real estate in the Lake Mills area. While nearly 50.15% of residents own their homes outright in Lake Mills, 28.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Mills is $5,085 per month. Households that rent pay about 12.50% of their income on rent here. Lake Mills's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Joice, IA: higher priced homes
- Scarville, IA: less expensive homes
- Emmons, MN: equally priced homes
- Leland, IA: equally priced homes
- Silver Lake, IA: higher priced homes
- Mansfield, MN: less expensive homes
- Fertile, IA: higher priced homes
- Hanlontown, IA: higher priced homes
- Forest City, IA: higher priced homes
- Kiester, MN: less expensive homes
Cities with Similar Populations
- Whiteman AFB, MO: higher priced homes
- Spring Mills, PA: higher priced homes
- Stoutsville, OH: higher priced homes
- Eyota, MN: higher priced homes
- Enoree, SC: less expensive homes
- Elkland, MO: higher priced homes
- Stringer, MS: higher priced homes
- Dundas, MN: higher priced homes
- Center Harbor, NH: higher priced homes
- Castleton, VT: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood