
Home Price Key
These days, finding an affordable place to live in the Lake Shangrila area can be challenging. Home prices in Lake Shangrila are now at a median cost of $211,100, lower than the Wisconsin average of $220,185.
The average cost of rent is $1,367/mo in Lake Shangrila, primarily driven by the current value of real estate in the Lake Shangrila area. While nearly 37.86% of residents own their homes outright in Lake Shangrila, 16.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Shangrila is $6,754 per month. Households that rent pay about 20.24% of their income on rent here. Lake Shangrila's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Benet Lake, WI: less expensive homes
- Antioch, IL: higher priced homes
- Trevor, WI: equally priced homes
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- Salem, WI: higher priced homes
- Channel Lake, IL: equally priced homes
- Paddock Lake, WI: less expensive homes
- Wilmot, WI: equally priced homes
- Lake Villa, IL: higher priced homes
- Silver Lake, WI: higher priced homes
Cities with Similar Populations
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- Chelsea, GA: less expensive homes
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