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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 $560,637, lower than the Massachusetts average of $625,090.
The average cost of rent is $2,024/mo in Lakeville, primarily driven by the current value of real estate in the Lakeville area. In Lakeville, 16.49% of households rent, and 29.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakeville is $11,410 per month. Households that rent pay about 17.74% of their income on rent here. Lakeville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeside, MA: less expensive homes
- Heaven Heights, MA: higher priced homes
- East Taunton, MA: less expensive homes
- Middleborough Center, MA: less expensive homes
- East Freetown, MA: less expensive homes
- Middleboro, MA: less expensive homes
- Berkley, MA: equally priced homes
- Middleborough, MA: less expensive homes
- Assonet, MA: less expensive homes
- Warrentown, MA: less expensive homes
Cities with Similar Populations
- Medford, WI: less expensive homes
- Maryville, IL: less expensive homes
- Mascoutah, IL: less expensive homes
- Maurice, LA: less expensive homes
- Maxton, NC: less expensive homes
- Maylene, AL: less expensive homes
- Maynardville, TN: less expensive homes
- Mayo, MD: equally priced homes
- Maywood, NJ: equally priced homes
- McCook, NE: less expensive homes
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