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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 $235,955, lower than the Ohio average of $236,816.
The average cost of rent is $878/mo in Lakeville, primarily driven by the current value of real estate in the Lakeville area. In Lakeville, 17.96% of households rent, and 39.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakeville is $6,615 per month. Households that rent pay about 13.28% of their income on rent here. Lakeville’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeland Beach, OH: equally priced homes
- Nashville, OH: equally priced homes
- Big Prairie, OH: equally priced homes
- McZena, OH: equally priced homes
- Loudonville, OH: less expensive homes
- Shreve, OH: less expensive homes
- Glenmont, OH: less expensive homes
- McKay, OH: equally priced homes
- Lake Fork, OH: equally priced homes
- Funk, OH: equally priced homes
Cities with Similar Populations
- Fairfax, OK: less expensive homes
- Clarissa, MN: less expensive homes
- Clermont, IN: higher priced homes
- Colo, IA: less expensive homes
- Cotopaxi, CO: higher priced homes
- Welshfield, OH: equally priced homes
- Dublin, NH: higher priced homes
- Ward, SC: less expensive homes
- Vilano Beach, FL: higher priced homes
- Van Buren, MO: less expensive homes
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