
Expensive
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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 $877,030, lower than the Sunnyvale average of $1,610,629.
The average cost of rent is $3,286/mo in Lakewood, primarily driven by the current value of real estate in the Lakewood area. In Lakewood, 39.45% of households rent, and 44.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood is $11,534 per month. Households that rent pay about 28.49% of their income on rent here. Lakewood’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- San Miguel, Sunnyvale, CA: higher priced homes
- Snail, Sunnyvale, CA: higher priced homes
- Lowlanders, Sunnyvale, CA: higher priced homes
- Heritage District, Sunnyvale, CA: higher priced homes
- Ponderosa Park, Sunnyvale, CA: higher priced homes
- North San Jose, San Jose, CA: higher priced homes
- Sunnyvale West, Sunnyvale, CA: higher priced homes
- Whisman Station, Mountain View, CA: higher priced homes
- North Whisman, Mountain View, CA: higher priced homes
- Birdland Neighbors, Sunnyvale, CA: higher priced homes
Neighborhoods with Similar Populations
- Belgravia Terrace, Chicago, IL: equally priced homes
- Washington, Huntington Beach, CA: equally priced homes
- Upper Baseline, Little Rock, AR: less expensive homes
- Sunset Hill, Staten Island, NY: less expensive homes
- South Linden, Columbus, OH: less expensive homes
- Snail, Sunnyvale, CA: higher priced homes
- Sandpointe, Santa Ana, CA: less expensive homes
- Roosevelt-San Francisco, Redwood City, CA: higher priced homes
- Otter Creek Crystal, Little Rock, AR: less expensive homes
- Oak View, Huntington Beach, CA: less expensive homes
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