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Affordable
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These days, finding an affordable place to live in the Tee Lake area can be challenging. Home prices in Tee Lake are now at a median cost of $270,279, higher than the Indiana average of $232,932.
The average cost of rent is $1,209/mo in Tee Lake, primarily driven by the current value of real estate in the Tee Lake area. In Tee Lake, 1.97% of households rent, and 44.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tee Lake is $8,704 per month. Households that rent pay about 13.89% of their income on rent here. Tee Lake’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rolling Prairie, IN: equally priced homes
- New Buffalo, MI: higher priced homes
- Lake Park, IN: less expensive homes
- Grand Beach, MI: higher priced homes
- Union Pier, MI: higher priced homes
- Michiana Shores, IN: higher priced homes
- Three Oaks, MI: equally priced homes
- Michiana, MI: higher priced homes
- La Porte, IN: less expensive homes
- Lakeside, MI: higher priced homes
Cities with Similar Populations
- Dennison, MN: higher priced homes
- East Waterford, PA: less expensive homes
- Dunbar, SC: less expensive homes
- Duluth, KY: less expensive homes
- Duke Center, PA: less expensive homes
- Duck, NC: higher priced homes
- Drewryville, VA: less expensive homes
- Doylestown, WI: higher priced homes
- Dover, KS: equally priced homes
- Dodson, LA: less expensive homes
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