Home prices
The median home in Lake City is valued at $333,300. It is about $52,440 (13%) lower in comparison to the surrounding areas.In comparison to the rest of the country it is roughly $115,800 (53%) higher, and it is about $130,400 (28%) lower compared to the city of Durango.
Rents
The median monthly rent in Lake City is $754. This is roughly $286 (27%) lower in comparison to its surrounding areas.In comparison to the entire country it is roughly $308 (29%) lower, and is approximately $505 (40%) lower compared to the city of Durango.
Nearby places
Ouray
Ouray is roughly 17 miles west of Lake City. Housing prices there are a little more expensive. The median home in Ouray costs $374,200, which is $40,900 (10%) higher than Lake City. Its rents are a little more expensive. The median monthly rent in Ouray is $865, which is $111 (12%) higher than Lake City.
City of Creede
City of Creede is about 22 miles southeast from Lake City. The real estate prices there are a bit less expensive. The median home cost in City of Creede is $300,000, which is $33,300 (11%) lower than Lake City. Its rents are a bit less expensive. The median rent in City of Creede is $707 per month, which comes out to $47 (6%) lower than Lake City.
Silverton
Silverton is roughly 22 miles southwest of Lake City. Real estate prices there are a bit less expensive. The median home price in Silverton is $296,200, which is $37,100 (12%) lower than Lake City. Rent there is somewhat more expensive. Silverton's median monthly rent is $1,026, which is $272 (26%) higher than Lake City.
Ridgway
Ridgway is about 22 miles northwest from Lake City. Housing prices there are somewhat more expensive. The cost of the median home in Ridgway is $401,500, which is $68,200 (16%) higher than Lake City. Its rents are a lot more expensive. The median monthly rent in Ridgway is $1,120, which is $366 (32%) higher than Lake City.
Loghill Village
Loghill Village is about 24 miles northwest from Lake City. Its housing prices are significantly more expensive. The median home in Loghill Village is valued at $556,800, which works out to $223,500 (40%) higher than Lake City. Its rents are substantially more expensive. The median monthly rent in Loghill Village is $1,481, which is $727 (49%) higher than Lake City.
