Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Park area can be challenging. Home prices in Lake Park are now at a median cost of $141,293, lower than the Iowa average of $182,666.
The average cost of rent is $914/mo in Lake Park, primarily driven by the current value of real estate in the Lake Park area. While nearly 41.45% of residents own their homes outright in Lake Park, 14.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Park is $6,050 per month. Households that rent pay about 15.11% of their income on rent here. Lake Park's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Montgomery, IA: higher priced homes
- Harris, IA: higher priced homes
- Triboji Beach, IA: higher priced homes
- Wahpeton, IA: higher priced homes
- Okoboji, IA: higher priced homes
- Round Lake, MN: equally priced homes
- West Okoboji, IA: higher priced homes
- Arnolds Park, IA: higher priced homes
- Ocheyedan, IA: less expensive homes
- Spirit Lake, IA: higher priced homes
Cities with Similar Populations
- Strunk, KY: less expensive homes
- Dunn, MO: higher priced homes
- Earlton, NY: higher priced homes
- East Berne, NY: higher priced homes
- East Hounsfield, NY: higher priced homes
- Egg Harbor, WI: higher priced homes
- Ethel, MS: less expensive homes
- Faulkner, MD: higher priced homes
- Fort Defiance, VA: higher priced homes
- Fort Montgomery, NY: higher priced homes
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