Affordable
Expensive
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These days, finding an affordable place to live in the Lakewood Springs area can be challenging. Home prices in Lakewood Springs are now at a median cost of $247,185, higher than the Plano average of $246,506.
The average cost of rent is $1,782/mo in Lakewood Springs, primarily driven by the current value of real estate in the Lakewood Springs area. In Lakewood Springs, 31.77% of households rent, and 7.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood Springs is $9,122 per month. Households that rent pay about 19.54% of their income on rent here. Lakewood Springs’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Randall Hills, North Aurora, IL: higher priced homes
- Frontenac, Aurora, IL: higher priced homes
- Tall Grass, Naperville, IL: higher priced homes
- Thornwood, South Elgin, IL: higher priced homes
- Valley View, Glen Ellyn, IL: higher priced homes
- Sycamore Manor, Sycamore, IL: equally priced homes
- Belmont, Downers Grove, IL: higher priced homes
- Maple Manor, Elgin, IL: higher priced homes
- Lace, Darien, IL: higher priced homes
- Elgin Historic District, Elgin, IL: less expensive homes
Neighborhoods with Similar Populations
- Villa Park, Trenton, NJ: less expensive homes
- Flosden, Vallejo, CA: higher priced homes
- Forest Park, Baltimore, MD: equally priced homes
- Glenham-Belhar, Baltimore, MD: less expensive homes
- Goddard, Seabrook, MD: higher priced homes
- Goldenwest, Huntington Beach, CA: higher priced homes
- Hamlet, Woonsocket, RI: higher priced homes
- Hampden, Denver, CO: higher priced homes
- Happy Valley, Bellingham, WA: higher priced homes
- Hayhurst, Portland, OR: higher priced homes
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