
Home Price Key
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 $236,723, higher than the Indiana average of $175,617.
The average cost of rent is $887/mo in Lake Park, primarily driven by the current value of real estate in the Lake Park area. While nearly 39.71% of residents own their homes outright in Lake Park, 1.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Park is $6,830 per month. Households that rent pay about 12.99% of their income on rent here. Lake Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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