Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake of the Woods area can be challenging. Home prices in Lake of the Woods are now at a median cost of $184,165, lower than the Arizona average of $274,828.
The average cost of rent is $1,005/mo in Lake of the Woods, primarily driven by the current value of real estate in the Lake of the Woods area. While nearly 58.75% of residents own their homes outright in Lake of the Woods, 27.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake of the Woods is $4,436 per month. Households that rent pay about 22.66% of their income on rent here. Lake of the Woods's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Lakeside, AZ: higher priced homes
- Pinetop-Lakeside, AZ: higher priced homes
- Wagon Wheel, AZ: equally priced homes
- Pinetop, AZ: less expensive homes
- Hondah, AZ: less expensive homes
- Pinetop Country Club, AZ: higher priced homes
- Show Low, AZ: higher priced homes
- McNary, AZ: less expensive homes
- Linden, AZ: higher priced homes
- Vernon, AZ: higher priced homes
Cities with Similar Populations
- Arnold, CA: higher priced homes
- High Bridge, NJ: higher priced homes
- Antwerp, OH: less expensive homes
- Winchester, OH: less expensive homes
- Williamsburg, PA: less expensive homes
- Rose Hill, NC: less expensive homes
- Port Vincent, LA: higher priced homes
- New Town, ND: equally priced homes
- New Paris, IN: higher priced homes
- Mountain Home AFB, ID: higher priced homes
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