The Most Affordable Neighborhoods in Lakewood Springs, Plano, IL by Home Value

 

Lakewood Springs, Plano, IL Map of Most Affordable Neighborhoods
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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 $202,772, lower than the Plano average of $209,968.

The average cost of rent is $1,724/mo in Lakewood Springs, primarily driven by the current value of real estate in the Lakewood Springs area. While nearly 29.79% of residents own their homes outright in Lakewood Springs, 25.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lakewood Springs is $8,242 per month. Households that rent pay about 20.92% of their income on rent here. Lakewood Springs's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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