Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Road area can be challenging. Home prices in Lake Road are now at a median cost of $440,969, higher than the Milwaukie average of $388,861.
The average cost of rent is $1,526/mo in Lake Road, primarily driven by the current value of real estate in the Lake Road area. While nearly 27.48% of residents own their homes outright in Lake Road, 31.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Road is $6,905 per month. Households that rent pay about 22.10% of their income on rent here. Lake Road's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Linwood, Milwaukie, OR: less expensive homes
- Ardenwald, Milwaukie, OR: less expensive homes
- Lewelling, Milwaukie, OR: less expensive homes
- Southgate, Portland, OR: less expensive homes
- Errol Heights, Portland, OR: less expensive homes
- North Clackamas, Oatfield, OR: less expensive homes
- Eastmoreland, Portland, OR: higher priced homes
- Sellwood-Moreland, Portland, OR: higher priced homes
- Brentwood-Darlington, Portland, OR: less expensive homes
- Jennings Lodge, Portland, OR: less expensive homes
Neighborhoods with Similar Populations
- Hickman Mills, Kansas City, MO: less expensive homes
- Marietta Historic District, Marietta, OH: less expensive homes
- Embudo Canyon, Albuquerque, NM: less expensive homes
- Ashley Park, Charlotte, NC: less expensive homes
- Castleton, Indianapolis, IN: less expensive homes
- Catonsville Heights, Catonsville, MD: less expensive homes
- McIntosh, Newport News, VA: less expensive homes
- Austin Estates, Barberton, OH: less expensive homes
- Wilshire, San Antonio, TX: less expensive homes
- Sherman, Madison, WI: less expensive homes
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