Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lakeland area can be challenging. Home prices in Lakeland are now at a median cost of $156,847, lower than the Louisiana average of $194,522.
The average cost of rent is $934/mo in Lakeland, primarily driven by the current value of real estate in the Lakeland area. While nearly 48.34% of residents own their homes outright in Lakeland, 26.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakeland is $4,098 per month. Households that rent pay about 22.80% of their income on rent here. Lakeland's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Rougon, LA: equally priced homes
- Jarreau, LA: higher priced homes
- Torbert, LA: higher priced homes
- Erwinville, LA: higher priced homes
- Oscar, LA: higher priced homes
- Chamberlin, LA: higher priced homes
- Bueche, LA: higher priced homes
- Glynn, LA: equally priced homes
- Ventress, LA: higher priced homes
- Mix, LA: equally priced homes
Cities with Similar Populations
- Ila, GA: equally priced homes
- Herman, NE: higher priced homes
- Heron Lake, MN: less expensive homes
- Hillsboro, GA: less expensive homes
- Hodges, AL: less expensive homes
- Homeland, GA: less expensive homes
- Honey Lake, WI: higher priced homes
- Hot Sulphur Springs, CO: higher priced homes
- Hoyleton, IL: less expensive homes
- Husser, LA: higher priced homes
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