Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lakeview Terrace area can be challenging. Home prices in Lakeview Terrace are now at a median cost of $399,476, higher than the Kansas City average of $305,799.
The average cost of rent is $1,426/mo in Lakeview Terrace, primarily driven by the current value of real estate in the Lakeview Terrace area. In Lakeview Terrace, 45.30% of households rent, and 42.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakeview Terrace is $7,539 per month. Households that rent pay about 18.91% of their income on rent here. Lakeview Terrace’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Clayton, Kansas City, MO: less expensive homes
- Davidson, Kansas City, MO: less expensive homes
- Breen Hills, Kansas City, MO: less expensive homes
- Parkdale-Walden, Kansas City, MO: equally priced homes
- Barry Harbour, Kansas City, MO: less expensive homes
- Platte Brook North, Kansas City, MO: equally priced homes
- The Coves, Kansas City, MO: equally priced homes
- Coves North, Kansas City, MO: less expensive homes
- Gashland, Kansas City, MO: less expensive homes
- Northeast, Kansas City, KS: less expensive homes
Neighborhoods with Similar Populations
- Bernon Heights, Woonsocket, RI: less expensive homes
- Clanton Park-Roseland, Charlotte, NC: equally priced homes
- Clifton Heights, St. Louis, MO: less expensive homes
- Cody, Mobile, AL: less expensive homes
- Dover Heights, Toms River, NJ: less expensive homes
- Downtown Belle Glade, Belle Glade, FL: less expensive homes
- Downtown Pomona, Pomona, CA: higher priced homes
- Essex, Chicago, IL: less expensive homes
- Everroad Park, Columbus, IN: less expensive homes
- The Hills of Park North, San Antonio, TX: less expensive homes
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