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 $136,004, lower than the New York average of $481,023.
The average cost of rent is $926/mo in Lakewood, primarily driven by the current value of real estate in the Lakewood area. While nearly 45.29% of residents own their homes outright in Lakewood, 34.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood is $5,715 per month. Households that rent pay about 16.20% 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
- Celoron, NY: less expensive homes
- Greenhurst, NY: higher priced homes
- Ashville, NY: equally priced homes
- Jamestown, NY: less expensive homes
- Bemus Point, NY: higher priced homes
- Ellery Center, NY: higher priced homes
- Stow, NY: higher priced homes
- Watts Flats, NY: less expensive homes
- Ross Mill, NY: less expensive homes
- Kimball Stand, NY: less expensive homes
Cities with Similar Populations
- Falmouth, KY: less expensive homes
- Fair Grove, MO: higher priced homes
- Fair Haven, MI: higher priced homes
- Fairbury, IL: higher priced homes
- Fairfield, ME: equally priced homes
- Fairfield, PA: higher priced homes
- Fairfield, TX: higher priced homes
- Shannon, NC: less expensive homes
- Fairview, GA: less expensive homes
- Fairway, KS: higher priced homes
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