
Home Price Key
These days, finding an affordable place to live in the Lakewood Shores area can be challenging. Home prices in Lakewood Shores are now at a median cost of $256,690, higher than the Illinois average of $242,002.
The average cost of rent is $890/mo in Lakewood Shores, primarily driven by the current value of real estate in the Lakewood Shores area. While nearly 48.67% of residents own their homes outright in Lakewood Shores, 15.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood Shores is $8,353 per month. Households that rent pay about 10.65% of their income on rent here. Lakewood Shores's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Wilmington, IL: less expensive homes
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- Braceville, IL: less expensive homes
- Coal City, IL: equally priced homes
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Cities with Similar Populations
- Brighton, AR: less expensive homes
- Three Lynx, OR: higher priced homes
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- Buckhorn, OH: equally priced homes
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- Bruins, AR: less expensive homes
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