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Affordable
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These days, finding an affordable place to live in the Mountain Lake area can be challenging. Home prices in Mountain Lake are now at a median cost of $213,000, lower than the Pennsylvania average of $288,156.
The average cost of rent is $850/mo in Mountain Lake, primarily driven by the current value of real estate in the Mountain Lake area. In Mountain Lake, 14.87% of households rent, and 49.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Lake is $6,311 per month. Households that rent pay about 13.47% of their income on rent here. Mountain Lake’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Alba, PA: less expensive homes
- Burlington, PA: equally priced homes
- Monroeton, PA: less expensive homes
- West Burlington, PA: equally priced homes
- West Franklin, PA: less expensive homes
- Riggs, PA: equally priced homes
- Luthers Mills, PA: less expensive homes
- Horn Brook, PA: equally priced homes
- Powell, PA: less expensive homes
- Monroe, PA: less expensive homes
Cities with Similar Populations
- Sugar Valley, OH: less expensive homes
- Taylor, NY: less expensive homes
- Tateville, KY: less expensive homes
- Tarnov, NE: higher priced homes
- Tarkio, MT: higher priced homes
- Tarboro, GA: equally priced homes
- Tar Fork, KY: less expensive homes
- Talmage, KS: equally priced homes
- Tallulah Falls, GA: higher priced homes
- Talcottville, NY: less expensive homes
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