Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lakewood area can be challenging. Home prices in Lakewood are now at a median cost of $433,394, higher than the Colorado average of $430,259.
The average cost of rent is $1,668/mo in Lakewood, primarily driven by the current value of real estate in the Lakewood area. While nearly 31.69% of residents own their homes outright in Lakewood, 35.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood is $7,313 per month. Households that rent pay about 22.80% of their income on rent here. Lakewood's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Edgewater, CO: equally priced homes
- Applewood, CO: higher priced homes
- West Pleasant View, CO: less expensive homes
- Wheat Ridge, CO: higher priced homes
- Sheridan, CO: less expensive homes
- Dakota Ridge, CO: equally priced homes
- Bow Mar, CO: higher priced homes
- Mountain View, CO: equally priced homes
- Golden, CO: higher priced homes
- Idledale, CO: higher priced homes
Cities with Similar Populations
- Hialeah, FL: less expensive homes
- Hendersonville, TN: less expensive homes
- Grand Junction, CO: less expensive homes
- Hampton, VA: less expensive homes
- Guaynabo, PR: less expensive homes
- Gilbert, AZ: less expensive homes
- Gresham, OR: less expensive homes
- Green Bay, WI: less expensive homes
- Glen Burnie, MD: less expensive homes
- Greensboro, NC: less expensive homes
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