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These days, finding an affordable place to live in the Lake Worth area can be challenging. Home prices in Lake Worth are now at a median cost of $406,162, higher than the Florida average of $396,783.
The average cost of rent is $2,063/mo in Lake Worth, primarily driven by the current value of real estate in the Lake Worth area. In Lake Worth, 31.58% of households rent, and 39.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Worth is $7,113 per month. Households that rent pay about 29.00% of their income on rent here. Lake Worth’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Atlantis, FL: higher priced homes
- Greenacres, FL: less expensive homes
- Acacia Villas, FL: less expensive homes
- Palm Springs, FL: less expensive homes
- Lake Clarke Shores, FL: higher priced homes
- Lantana, FL: higher priced homes
- Cypress Quarters, FL: higher priced homes
- Hypoluxo, FL: less expensive homes
- Boynton Beach, FL: equally priced homes
- Manalapan, FL: higher priced homes
Cities with Similar Populations
- Kendall, FL: higher priced homes
- Johnson City, TN: less expensive homes
- Kalamazoo, MI: less expensive homes
- Johns Creek, GA: higher priced homes
- Kennesaw, GA: equally priced homes
- Keller, TX: higher priced homes
- Kennewick, WA: equally priced homes
- Greer, SC: less expensive homes
- Greenville, SC: less expensive homes
- Hayward, CA: higher priced homes
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