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These days, finding an affordable place to live in the Lakehead area can be challenging. Home prices in Lakehead are now at a median cost of $345,401, lower than the California average of $812,006.
The average cost of rent is $1,575/mo in Lakehead, primarily driven by the current value of real estate in the Lakehead area. In Lakehead, 20.19% of households rent, and 55.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakehead is $5,126 per month. Households that rent pay about 30.72% of their income on rent here. Lakehead’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whiskeytown, CA: less expensive homes
- Obrien, CA: less expensive homes
- Summit City, CA: equally priced homes
- Shasta Lake, CA: less expensive homes
- Castella, CA: higher priced homes
- Ingot, CA: equally priced homes
- French Gulch, CA: equally priced homes
- Sweetbriar, CA: higher priced homes
- Keswick, CA: higher priced homes
- Bella Vista, CA: higher priced homes
Cities with Similar Populations
- Gays Mills, WI: less expensive homes
- Tamiment, PA: less expensive homes
- Sugar Rapids, MI: less expensive homes
- Stinnett, KY: less expensive homes
- Stanville, KY: less expensive homes
- Spearville, KS: less expensive homes
- Heart Butte, MT: less expensive homes
- Greenwood, NE: less expensive homes
- Greenvale, NY: higher priced homes
- Green Hill, TX: less expensive homes
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