Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Medical Lake area can be challenging. Home prices in Medical Lake are now at a median cost of $268,613, lower than the Washington average of $453,663.
The average cost of rent is $765/mo in Medical Lake, primarily driven by the current value of real estate in the Medical Lake area. While nearly 26.33% of residents own their homes outright in Medical Lake, 14.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Medical Lake is $6,736 per month. Households that rent pay about 11.35% of their income on rent here. Medical Lake's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Fairchild AFB, WA: equally priced homes
- Espanola, WA: higher priced homes
- Lakeland Village, WA: equally priced homes
- Four Lakes, WA: equally priced homes
- Fairchild Air Force Base, WA: equally priced homes
- Airway Heights, WA: less expensive homes
- Cheney, WA: equally priced homes
- Waukon, WA: less expensive homes
- Reardan, WA: less expensive homes
- Tyler, WA: higher priced homes
Cities with Similar Populations
- Oakdale, LA: less expensive homes
- Odessa, MO: less expensive homes
- Odenville, AL: less expensive homes
- Oceano, CA: higher priced homes
- Ocean View, DE: higher priced homes
- Ocean Isle Beach, NC: higher priced homes
- Ocean City, MD: higher priced homes
- Oakmont, PA: higher priced homes
- Oakland, MI: higher priced homes
- Oakhurst, CA: higher priced homes
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