Similar to other places in this area, it's substantially less expensive compared to the entire nation. It is a lot less expensive compared to the city of Memphis.
Home prices
Lake View's median home value is $57,000. In comparison to its surrounding areas it is roughly $1,400 (2%) higher.It is roughly $160,500 (73%) lower compared to the country as a whole, and it is approximately $44,800 (44%) lower in comparison to the city of Memphis.
Rents
The median monthly rent in Lake View is $417. This is approximately $133 (24%) lower compared to nearby areas.Compared to the nation as a whole it is approximately $645 (60%) lower, and in comparison to the city of Memphis it is roughly $484 (53%) lower.
Nearby places
Elaine
Elaine is approximately 8 miles south of Lake View. Real estate prices there are substantially less expensive. Elaine's median home price is $37,500, which works out to $19,500 (52%) lower than Lake View. Rents there are a bit less expensive. The median monthly rent in Elaine is $349, which is $68 (19%) lower than Lake View.
Friars Point
Friars Point is about 9 miles southeast from Lake View. The housing prices there are a bit more expensive. The price of the median home in Friars Point is $62,000, which works out to $5,000 (8%) higher than Lake View. Rents there are a little more expensive. The median monthly rent in Friars Point is $484, which is $67 (13%) higher than Lake View.
Marvell
Marvell is about 11 miles northwest of Lake View. Its housing prices are a little less expensive. The price of the median home in Marvell is $51,800, which is $5,200 (10%) lower than Lake View. Its rents are a little more expensive. Marvell's median rent is $612 a month, which comes out to $195 (31%) higher than Lake View.
Helena-West Helena
Helena-West Helena is about 12 miles northeast of Lake View. Its housing prices are somewhat more expensive. The median home in Helena-West Helena costs $73,400, which is $16,400 (22%) higher than Lake View. The rent there is a bit more expensive. In Helena-West Helena the median monthly rent is $582, which comes out to $165 (28%) higher than Lake View.
Lexa
Lexa is roughly 13 miles north from Lake View. Real estate prices there are a little less expensive. The cost of the median home in Lexa is $53,300, which comes out to $3,700 (6%) lower than Lake View. Its rents are substantially more expensive. The median monthly rent in Lexa is $725, which comes out to $308 (42%) higher than Lake View.
