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These days, finding an affordable place to live in the Lakin area can be challenging. Home prices in Lakin are now at a median cost of $171,597, lower than the Kansas average of $243,949.
The average cost of rent is $1,090/mo in Lakin, primarily driven by the current value of real estate in the Lakin area. In Lakin, 22.84% of households rent, and 49.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lakin is $7,444 per month. Households that rent pay about 14.65% of their income on rent here. Lakin’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Deerfield, KS: higher priced homes
- Kendall, KS: equally priced homes
- Holcomb, KS: higher priced homes
- Garden City, KS: higher priced homes
- Pierceville, KS: higher priced homes
- Syracuse, KS: less expensive homes
- Medway, KS: less expensive homes
- Coolidge, KS: less expensive homes
- Ingalls, KS: higher priced homes
- Holly, CO: equally priced homes
Cities with Similar Populations
- Cabazon, CA: higher priced homes
- Camden, MI: equally priced homes
- Carmel Valley Village, CA: higher priced homes
- Cherokee, AL: less expensive homes
- Chiloquin, OR: higher priced homes
- Cresco, PA: higher priced homes
- Nedrow, NY: less expensive homes
- Pearline, MI: higher priced homes
- Pawnee, OK: less expensive homes
- Parsonsburg, MD: higher priced homes
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