The Most Affordable Neighborhoods in Liberty Lake, WA by Home Value

 

Liberty Lake, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Liberty Lake area can be challenging. Home prices in Liberty Lake are now at a median cost of $442,471, lower than the Washington average of $453,663.

The average cost of rent is $1,347/mo in Liberty Lake, primarily driven by the current value of real estate in the Liberty Lake area. While nearly 24.90% of residents own their homes outright in Liberty Lake, 34.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Liberty Lake is $9,635 per month. Households that rent pay about 13.98% of their income on rent here. Liberty Lake's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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