
Home Price Key
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 $598,180, higher than the Texas average of $235,268.
The average cost of rent is $2,786/mo in Lakeway, primarily driven by the current value of real estate in the Lakeway area. While nearly 28.27% of residents own their homes outright in Lakeway, 16.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakeway is $14,040 per month. Households that rent pay about 19.84% of their income on rent here. Lakeway's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Bee Cave, TX: higher priced homes
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- Marshall Ford, TX: higher priced homes
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- Spicewood, TX: less expensive homes
- Jonestown, TX: less expensive homes
- Dripping Springs, TX: less expensive homes
Cities with Similar Populations
- Madison, CT: less expensive homes
- Prineville, OR: less expensive homes
- Powhatan, VA: less expensive homes
- Portland, TX: less expensive homes
- Port Wentworth, GA: less expensive homes
- Mattoon, IL: less expensive homes
- Manchester, MO: less expensive homes
- Malvern, AR: less expensive homes
- Madisonville, LA: less expensive homes
- Prospect, KY: less expensive homes
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