Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Shore area can be challenging. Home prices in Lake Shore are now at a median cost of $451,985, higher than the Utah average of $361,191.
The average cost of rent is $1,039/mo in Lake Shore, primarily driven by the current value of real estate in the Lake Shore area. While nearly 35.22% of residents own their homes outright in Lake Shore, 15.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Shore is $8,077 per month. Households that rent pay about 12.86% of their income on rent here. Lake Shore's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Palmyra, UT: less expensive homes
- Spanish Fork, UT: less expensive homes
- Payson, UT: less expensive homes
- Salem, UT: equally priced homes
- Springville, UT: less expensive homes
- Elk Ridge, UT: equally priced homes
- Mapleton, UT: higher priced homes
- Spring Lake, UT: less expensive homes
- Woodland Hills, UT: higher priced homes
- Provo, UT: less expensive homes
Cities with Similar Populations
- Osbernville, IL: less expensive homes
- Peanut, PA: less expensive homes
- Paw Paw, OK: less expensive homes
- Patterson, MS: less expensive homes
- Parchment Valley, WV: less expensive homes
- Oxbow, OR: less expensive homes
- Oshoto, WY: less expensive homes
- Oscar, WV: less expensive homes
- Oscar, KY: less expensive homes
- Osborns Store, VA: less expensive homes
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