Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Point area can be challenging. Home prices in Lake Point are now at a median cost of $330,682, lower than the Utah average of $361,191.
The average cost of rent is $991/mo in Lake Point, primarily driven by the current value of real estate in the Lake Point area. While nearly 17.52% of residents own their homes outright in Lake Point, 17.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Point is $6,590 per month. Households that rent pay about 15.03% of their income on rent here. Lake Point's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Stansbury Park, UT: higher priced homes
- Lincoln, UT: less expensive homes
- Tooele, UT: less expensive homes
- Erda, UT: less expensive homes
- Magna, UT: less expensive homes
- Bingham Canyon, UT: higher priced homes
- Grantsville, UT: less expensive homes
- Kearns, UT: less expensive homes
- Copperton, UT: higher priced homes
- West Valley City, UT: less expensive homes
Cities with Similar Populations
- Rimer, OH: less expensive homes
- Prospect, NC: less expensive homes
- Punta de Agua, NM: less expensive homes
- Radom, IL: less expensive homes
- Rehoboth, AL: less expensive homes
- Relay, GA: less expensive homes
- Ribot, PA: less expensive homes
- Ricardo, TX: less expensive homes
- Richfield, NE: higher priced homes
- Richter, KS: less expensive homes
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