Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lakewood Township area can be challenging. Home prices in Lakewood Township are now at a median cost of $195,264, lower than the Illinois average of $242,002.
The average cost of rent is $640/mo in Lakewood Township, primarily driven by the current value of real estate in the Lakewood Township area. While nearly 59.39% of residents own their homes outright in Lakewood Township, 7.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood Township is $6,597 per month. Households that rent pay about 9.71% of their income on rent here. Lakewood Township's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Cowden, IL: less expensive homes
- Tower Hill, IL: less expensive homes
- Shelbyville, IL: less expensive homes
- Henton, IL: less expensive homes
- Mode, IL: less expensive homes
- Middlesworth, IL: less expensive homes
- Holliday, IL: less expensive homes
- Westervelt, IL: less expensive homes
- Herrick, IL: less expensive homes
- Holland, IL: less expensive homes
Cities with Similar Populations
- Jones Mills, PA: less expensive homes
- Slades Corner, WI: higher priced homes
- Sky Valley, GA: equally priced homes
- Sheppton, PA: less expensive homes
- Kerby Knob, KY: less expensive homes
- Kelayres, PA: less expensive homes
- Keene, WI: equally priced homes
- Kaycee, WY: higher priced homes
- Kattskill Bay, NY: higher priced homes
- Katesville, NC: less expensive homes
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