Home Price Key
Affordable
Average
Expensive
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 $343,468, higher than the Michigan average of $196,062.
The average cost of rent is $952/mo in Lakeville, primarily driven by the current value of real estate in the Lakeville area. While nearly 30.51% of residents own their homes outright in Lakeville, 5.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakeville is $7,662 per month. Households that rent pay about 12.42% of their income on rent here. Lakeville's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Leonard, MI: equally priced homes
- Oakland, MI: higher priced homes
- Oxford, MI: less expensive homes
- Lake Orion, MI: less expensive homes
- Romeo, MI: less expensive homes
- Rochester, MI: higher priced homes
- Washington, MI: equally priced homes
- Dryden, MI: less expensive homes
- Thornville, MI: less expensive homes
- Almont, MI: less expensive homes
Cities with Similar Populations
- Regan, NC: less expensive homes
- Mowata, LA: less expensive homes
- Moxley, NC: less expensive homes
- Munson, PA: less expensive homes
- Murdock, KS: less expensive homes
- Murrays Crossroads, GA: less expensive homes
- Myrtle, MN: less expensive homes
- Plevna, AL: less expensive homes
- Promise City, IA: less expensive homes
- Quaker, KS: less expensive homes
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