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These days, finding an affordable place to live in the Lakeway area can be challenging. Home prices in Lakeway are now at a median cost of $171,757, lower than the Arkansas average of $207,061.
The average cost of rent is $834/mo in Lakeway, primarily driven by the current value of real estate in the Lakeway area. In Lakeway, 14.71% of households rent, and 79.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakeway is $3,608 per month. Households that rent pay about 23.11% of their income on rent here. Lakeway’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Snow, AR: equally priced homes
- Monarch, AR: equally priced homes
- Yellville, AR: equally priced homes
- Summit, AR: less expensive homes
- Pyatt, AR: less expensive homes
- Peel, AR: equally priced homes
- South Lead Hill, AR: less expensive homes
- Zinc, AR: equally priced homes
- Bull Shoals, AR: equally priced homes
- Flippin, AR: less expensive homes
Cities with Similar Populations
- Letcher, AL: less expensive homes
- Laurel Mountain, PA: higher priced homes
- Law, TN: higher priced homes
- Lawson, VA: higher priced homes
- Lecta, AL: higher priced homes
- Ledbetter, NC: higher priced homes
- Leesville, OH: equally priced homes
- Legareville, SC: higher priced homes
- Lehigh, KS: higher priced homes
- Laurel Lake, PA: higher priced homes
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