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These days, finding an affordable place to live in the Lakeville area can be challenging. Home prices in Lakeville are now at a median cost of $1,297,380, higher than the California average of $812,006.
The average cost of rent is $2,209/mo in Lakeville, primarily driven by the current value of real estate in the Lakeville area. In Lakeville, 31.20% of households rent, and 42.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakeville is $11,013 per month. Households that rent pay about 20.06% of their income on rent here. Lakeville’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Marshall, CA: higher priced homes
- Sebastopol, CA: less expensive homes
- Inverness, CA: higher priced homes
Cities with Similar Populations
- Sundance, WY: less expensive homes
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- Lone Tree, IA: less expensive homes
- McDavid, FL: less expensive homes
- Mentone, IN: less expensive homes
- Morgan, GA: less expensive homes
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