Similar to other places in this area, it's significantly less expensive compared to the nation as a whole. Compared to the city of Jacksonville, it is substantially less expensive.
Home prices
The median home in Lake Butler is valued at $109,900. In comparison to nearby areas this is approximately $1,280 (1%) higher.In comparison to the entire country it is about $107,600 (49%) lower, and it is roughly $63,300 (36%) lower compared to the city of Jacksonville.
Rents
Lake Butler's median rent is $485 per month. This is about $387 (44%) lower compared to its nearby areas.It is roughly $577 (54%) lower compared to the rest of the nation, and is about $580 (54%) lower compared to the city of Jacksonville.
Nearby places
Raiford
Raiford is roughly 6 miles northeast of Lake Butler. Real estate prices there are a bit less expensive. The median home in Raiford is valued at $92,500, which comes out to $17,400 (18%) lower than Lake Butler. The rent there is a lot more expensive. The median monthly rent in Raiford is $818, which works out to $333 (40%) higher than Lake Butler.
Worthington Springs
Worthington Springs is roughly 7 miles southwest of Lake Butler. Housing prices there are a lot more expensive. The median home price in Worthington Springs is $164,200, which is $54,300 (33%) higher than Lake Butler. Rent there is a lot more expensive. In Worthington Springs the median rent is $817 per month, which comes out to $332 (40%) higher than Lake Butler.
Brooker
Brooker is about 9 miles south of Lake Butler. Real estate prices there are significantly less expensive. Brooker's median home cost is $81,900, which is $28,000 (34%) lower than Lake Butler. Rent there is significantly more expensive. In Brooker the median rent is $781 per month, which is $296 (37%) higher than Lake Butler.
Starke
Starke is about 13 miles southeast from Lake Butler. Its real estate prices are a bit less expensive. The cost of the median home in Starke is $97,900, which is $12,000 (12%) lower than Lake Butler. Its rents are substantially more expensive. The median rent in Starke is $863 per month, which comes out to $378 (43%) higher than Lake Butler.
La Crosse
La Crosse is roughly 13 miles south from Lake Butler. The housing prices there are similar. The cost of the median home in La Crosse is $106,600, which is $3,300 (3%) lower than Lake Butler. Rents there are a lot more expensive. The median rent in La Crosse is $1,083 per month, which works out to $598 (55%) higher than Lake Butler.
