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These days, finding an affordable place to live in the Lauderdale Lakes area can be challenging. Home prices in Lauderdale Lakes are now at a median cost of $269,421, lower than the Florida average of $396,783.
The average cost of rent is $1,744/mo in Lauderdale Lakes, primarily driven by the current value of real estate in the Lauderdale Lakes area. In Lauderdale Lakes, 48.77% of households rent, and 37.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lauderdale Lakes is $4,961 per month. Households that rent pay about 35.16% of their income on rent here. Lauderdale Lakes’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lauderhill, FL: equally priced homes
- Oakland Park, FL: higher priced homes
- North Lauderdale, FL: equally priced homes
- Wilton Manors, FL: higher priced homes
- Fort Lauderdale, FL: higher priced homes
- Tamarac, FL: higher priced homes
- Plantation, FL: higher priced homes
- Sunrise, FL: higher priced homes
- Margate, FL: higher priced homes
- Lauderdale-by-the-Sea, FL: higher priced homes
Cities with Similar Populations
- Adelanto, CA: higher priced homes
- Carpentersville, IL: equally priced homes
- Calexico, CA: higher priced homes
- Bristol, TN: less expensive homes
- Brighton, NY: equally priced homes
- Braintree Town, MA: higher priced homes
- Blackwood, NJ: equally priced homes
- Belleville, NJ: higher priced homes
- Auburn, NY: less expensive homes
- Altadena, CA: higher priced homes
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