Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Springfield Lake Shore Improvement area can be challenging. Home prices in Springfield Lake Shore Improvement are now at a median cost of $279,508, higher than the Springfield average of $167,730.
The average cost of rent is $1,150/mo in Springfield Lake Shore Improvement, primarily driven by the current value of real estate in the Springfield Lake Shore Improvement area. In Springfield Lake Shore Improvement, 9.68% of households rent, and 38.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springfield Lake Shore Improvement is $10,227 per month. Households that rent pay about 11.24% of their income on rent here. Springfield Lake Shore Improvement’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Historic West-Side, Springfield, IL: less expensive homes
- West Urbana, Urbana, IL: less expensive homes
- Chapel Hill Village, Indianapolis, IN: less expensive homes
- Aspen Ridge, Indianapolis, IN: less expensive homes
- Bayswater, Indianapolis, IN: less expensive homes
- Eagledale, Indianapolis, IN: less expensive homes
- Venerable Flackville, Indianapolis, IN: less expensive homes
- Westchester Estates, Indianapolis, IN: less expensive homes
- North Willow Farms, Indianapolis, IN: higher priced homes
- Highland Vicinity, Indianapolis, IN: less expensive homes
Neighborhoods with Similar Populations
- The Reserve, Port St. Lucie, FL: higher priced homes
- Downtown Appleton, Appleton, WI: less expensive homes
- Downtown Berkeley, Berkeley, CA: higher priced homes
- Downtown Concord, Concord, CA: higher priced homes
- Downtown Jacksonville, Jacksonville, FL: equally priced homes
- Downtown Lowell, Lowell, MA: higher priced homes
- Downtown West, St. Louis, MO: less expensive homes
- Dwight, New Haven, CT: higher priced homes
- East Downtown Dearborn, Dearborn, MI: less expensive homes
- East Side, Pueblo, CO: less expensive homes
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