Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Summerset area can be challenging. Home prices in Lake Summerset are now at a median cost of $163,558, lower than the Illinois average of $242,002.
The average cost of rent is $706/mo in Lake Summerset, primarily driven by the current value of real estate in the Lake Summerset area. While nearly 45.78% of residents own their homes outright in Lake Summerset, 11.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Summerset is $5,685 per month. Households that rent pay about 12.41% of their income on rent here. Lake Summerset's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Davis, IL: equally priced homes
- Oakley, WI: higher priced homes
- Durand, IL: less expensive homes
- Rock Grove, IL: less expensive homes
- Rock City, IL: less expensive homes
- Twin Grove, WI: higher priced homes
- Juda, WI: higher priced homes
- Brodhead, WI: equally priced homes
- Dakota, IL: less expensive homes
- Newark, WI: higher priced homes
Cities with Similar Populations
- Richards, MO: less expensive homes
- Napier, WV: less expensive homes
- Nashville, OH: equally priced homes
- Naxera, VA: higher priced homes
- Needmore, WV: higher priced homes
- Newcastle, OH: less expensive homes
- Newland, MI: higher priced homes
- Noonan, ND: equally priced homes
- North Leeds, ME: higher priced homes
- North Leverett, MA: higher priced homes
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