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 $219,389, lower than the North Carolina average of $226,477.
The average cost of rent is $1,649/mo in Lake Park, primarily driven by the current value of real estate in the Lake Park area. While nearly 22.68% of residents own their homes outright in Lake Park, 13.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Park is $5,922 per month. Households that rent pay about 27.85% of their income on rent here. Lake Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Indian Trail, NC: higher priced homes
- Hemby Bridge, NC: equally priced homes
- Stallings, NC: higher priced homes
- Matthews, NC: higher priced homes
- Wesley Chapel, NC: higher priced homes
- Unionville, NC: higher priced homes
- Mint Hill, NC: higher priced homes
- Weddington, NC: higher priced homes
- Monroe, NC: equally priced homes
- Mineral Springs, NC: higher priced homes
Cities with Similar Populations
- Suquamish, WA: higher priced homes
- Meeker, OK: less expensive homes
- Brownsboro, TX: less expensive homes
- Cotuit, MA: higher priced homes
- Kevil, KY: less expensive homes
- Otterbein, OH: higher priced homes
- Woodsfield, OH: less expensive homes
- Port Reading, NJ: higher priced homes
- Richfield, WI: higher priced homes
- Rochester, WI: higher priced homes
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