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These days, finding an affordable place to live in the Mountain Lakes area can be challenging. Home prices in Mountain Lakes are now at a median cost of $241,500, lower than the New Hampshire average of $417,591.
The average cost of rent is $1,098/mo in Mountain Lakes, primarily driven by the current value of real estate in the Mountain Lakes area. In Mountain Lakes, 22.49% of households rent, and 47.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Lakes is $3,723 per month. Households that rent pay about 29.49% of their income on rent here. Mountain Lakes’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
- Swiftwater, NH: equally priced homes
- Woodsville, NH: equally priced homes
- Bath, NH: higher priced homes
- North Haverhill, NH: higher priced homes
- Pike, NH: higher priced homes
- Wells River, VT: higher priced homes
- Newbury, VT: higher priced homes
- Haverhill, NH: higher priced homes
- Lisbon, NH: equally priced homes
- Glencliff, NH: higher priced homes
Cities with Similar Populations
- Shadowland, TX: less expensive homes
- Leighton, KY: less expensive homes
- Lemmon, ND: less expensive homes
- Lenarue, KY: less expensive homes
- Lennep, MT: less expensive homes
- Leo, WY: less expensive homes
- Leonards, FL: less expensive homes
- Lily, SD: less expensive homes
- Lima, IA: less expensive homes
- Sentinel, AZ: less expensive homes
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