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These days, finding an affordable place to live in the Lakewood Village area can be challenging. Home prices in Lakewood Village are now at a median cost of $372,128, higher than the Texas average of $235,268.
The average cost of rent is $2,064/mo in Lakewood Village, primarily driven by the current value of real estate in the Lakewood Village area. While nearly 24.67% of residents own their homes outright in Lakewood Village, 3.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood Village is $12,710 per month. Households that rent pay about 16.24% of their income on rent here. Lakewood Village's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hackberry, TX: less expensive homes
- Little Elm, TX: less expensive homes
- Oak Point, TX: less expensive homes
- Lake Dallas, TX: less expensive homes
- Hickory Creek, TX: equally priced homes
- Shady Shores, TX: equally priced homes
- The Colony, TX: equally priced homes
- Cross Roads, TX: equally priced homes
- Lincoln Park, TX: higher priced homes
- Aubrey, TX: less expensive homes
Cities with Similar Populations
- Johnson, WA: equally priced homes
- Washburn, MO: less expensive homes
- West Easton, PA: less expensive homes
- Weston, OR: less expensive homes
- Whitehead Crossroads, FL: less expensive homes
- Laurel, NE: less expensive homes
- Laphams Mills, NY: less expensive homes
- Lake Shore, MN: equally priced homes
- Lake George, MI: less expensive homes
- Lacassine, LA: less expensive homes
All Local Stats
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