Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lake View area can be challenging. Home prices in Lake View are now at a median cost of $374,961, higher than the Paterson average of $352,445.
The average cost of rent is $1,633/mo in Lake View, primarily driven by the current value of real estate in the Lake View area. In Lake View, 57.41% of households rent, and 42.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake View is $6,785 per month. Households that rent pay about 24.07% of their income on rent here. Lake View’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Albion Place, Clifton, NJ: higher priced homes
- Downtown Paterson, Paterson, NJ: equally priced homes
- Richfield, Clifton, NJ: higher priced homes
- Athenia, Clifton, NJ: higher priced homes
- Passaic Junction, Saddle Brook, NJ: higher priced homes
- Warren Point, Fair Lawn, NJ: higher priced homes
- Allwood, Clifton, NJ: higher priced homes
- Radburn, Fair Lawn, NJ: higher priced homes
- Carlton Hill, Wallington, NJ: higher priced homes
- Delawanna, Clifton, NJ: higher priced homes
Neighborhoods with Similar Populations
- Woodrow, Staten Island, NY: higher priced homes
- Huntridge, Las Vegas, NV: less expensive homes
- South Evanston, Evanston, IL: higher priced homes
- Southbelt Ellington, Houston, TX: less expensive homes
- Strawberry Mansion, Philadelphia, PA: less expensive homes
- Uptown, Seattle, WA: higher priced homes
- Vance Jackson, San Antonio, TX: less expensive homes
- Creekside Park, The Woodlands, TX: higher priced homes
- Chimney Lakes, Jacksonville, FL: less expensive homes
- Central District, Seattle, WA: higher priced homes
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