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These days, finding an affordable place to live in the Laketon area can be challenging. Home prices in Laketon are now at a median cost of $225,715, lower than the Indiana average of $232,932.
The average cost of rent is $921/mo in Laketon, primarily driven by the current value of real estate in the Laketon area. In Laketon, 15.08% of households rent, and 39.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laketon is $6,369 per month. Households that rent pay about 14.46% of their income on rent here. Laketon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Manchester, IN: less expensive homes
- Roann, IN: less expensive homes
- Silver Lake, IN: equally priced homes
- Liberty Mills, IN: less expensive homes
- Stockdale, IN: less expensive homes
- Urbana, IN: less expensive homes
- Servia, IN: less expensive homes
- Gilead, IN: equally priced homes
- Claypool, IN: less expensive homes
- Sidney, IN: equally priced homes
Cities with Similar Populations
- Lone Wolf, OK: less expensive homes
- Sheridan, TX: equally priced homes
- Sheridan, NY: less expensive homes
- Shell, SC: higher priced homes
- Shades Glen, PA: higher priced homes
- Sennett, NY: less expensive homes
- Majors, TX: higher priced homes
- Madison Hall, TN: less expensive homes
- Lotsee, OK: equally priced homes
- Lorenzo, GA: equally priced homes
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