Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the The Lakes area can be challenging. Home prices in The Lakes are now at a median cost of $560,573, higher than the Las Vegas average of $428,199.
The average cost of rent is $1,969/mo in The Lakes, primarily driven by the current value of real estate in the The Lakes area. In The Lakes, 47.54% of households rent, and 36.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in The Lakes is $7,580 per month. Households that rent pay about 25.97% of their income on rent here. The Lakes’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- The Lakes-Country Club, Spring Valley, NV: equally priced homes
- Angel Park Lindell, Las Vegas, NV: less expensive homes
- The Crossing, Las Vegas, NV: equally priced homes
- Summerlin North, Las Vegas, NV: higher priced homes
- The Vistas, Las Vegas, NV: higher priced homes
- Buffalo, Las Vegas, NV: less expensive homes
- Pioneer Park, Las Vegas, NV: less expensive homes
- The Trails, Las Vegas, NV: equally priced homes
- The Pueblo, Las Vegas, NV: less expensive homes
- The Paseos, Las Vegas, NV: higher priced homes
Neighborhoods with Similar Populations
- Belmont, Philadelphia, PA: less expensive homes
- Southwest, Reno, NV: higher priced homes
- The Colony, Anaheim, CA: higher priced homes
- Murray Hill, Manhattan, NY: higher priced homes
- Montecito Heights, Los Angeles, CA: higher priced homes
- Montebello, Denver, CO: less expensive homes
- Millard, Omaha, NE: less expensive homes
- Mayfield, Philadelphia, PA: less expensive homes
- Mariners Harbor, Staten Island, NY: equally priced homes
- Los Feliz, Los Angeles, CA: higher priced homes
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