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Affordable
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These days, finding an affordable place to live in the Lakewood Club area can be challenging. Home prices in Lakewood Club are now at a median cost of $174,600, lower than the Michigan average of $250,415.
The average cost of rent is $1,372/mo in Lakewood Club, primarily driven by the current value of real estate in the Lakewood Club area. In Lakewood Club, 5.87% of households rent, and 31.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood Club is $6,759 per month. Households that rent pay about 20.30% of their income on rent here. Lakewood Club’s most expensive areas are in the central 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
- Whitehall, MI: higher priced homes
- Twin Lake, MI: higher priced homes
- Montague, MI: higher priced homes
- Holton, MI: higher priced homes
- North Muskegon, MI: higher priced homes
- Wolf Lake, MI: equally priced homes
- Muskegon, MI: equally priced homes
- Rothbury, MI: equally priced homes
- Brunswick, MI: equally priced homes
- Muskegon Heights, MI: less expensive homes
Cities with Similar Populations
- Palm Beach Shores, FL: higher priced homes
- Montgomery, WV: less expensive homes
- Moscow, OH: higher priced homes
- Mount Morris, PA: equally priced homes
- Newburg, WV: less expensive homes
- Oakley, UT: higher priced homes
- Oconomowoc Lake, WI: higher priced homes
- Ordway, CO: less expensive homes
- Paden, OK: less expensive homes
- Miltona, MN: higher priced homes
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