Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lakeland South area can be challenging. Home prices in Lakeland South are now at a median cost of $413,628, lower than the Washington average of $453,663.
The average cost of rent is $1,819/mo in Lakeland South, primarily driven by the current value of real estate in the Lakeland South area. While nearly 28.79% of residents own their homes outright in Lakeland South, 19.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakeland South is $7,954 per month. Households that rent pay about 22.87% of their income on rent here. Lakeland South's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Algona, WA: less expensive homes
- Milton, WA: less expensive homes
- Pacific, WA: less expensive homes
- Edgewood, WA: equally priced homes
- Federal Way, WA: less expensive homes
- Fife, WA: less expensive homes
- Lakeland North, WA: equally priced homes
- Auburn, WA: equally priced homes
- Sumner, WA: equally priced homes
- Lake Tapps, WA: higher priced homes
Cities with Similar Populations
- Pompton Lakes, NJ: less expensive homes
- Middlesboro, KY: less expensive homes
- Middletown, MD: equally priced homes
- Middleville, MI: less expensive homes
- Midland, WA: less expensive homes
- Midway City, CA: higher priced homes
- Milan, MI: less expensive homes
- Milan, TN: less expensive homes
- Pennsville, NJ: less expensive homes
- Middlebury, IN: less expensive homes
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