Home prices
The cost of the median home in Lake Placid is $84,100. This is roughly $22,960 (21%) lower in comparison to its surrounding areas.It is about $133,400 (61%) lower compared to the United States as a whole, and is approximately $154,800 (64%) lower compared to the city of Tampa.
Rents
In Lake Placid the median monthly rent is $706. Compared to its nearby areas this is about $38 (5%) lower.It is approximately $356 (33%) lower in comparison to the entire country, and compared to the city of Tampa it is roughly $425 (37%) lower.
Nearby places
Sebring
Sebring is roughly 14 miles north of Lake Placid. Housing prices there are a little more expensive. Sebring's median home value is $96,600, which works out to $12,500 (12%) higher than Lake Placid. Rents there are fairly similar. Sebring's median rent is $724 per month, which is $18 (2%) higher than Lake Placid.
Avon Park
Avon Park is about 24 miles north from Lake Placid. Real estate prices there are somewhat less expensive. The value of the median home in Avon Park is $70,300, which is $13,800 (19%) lower than Lake Placid. Rents there are a little more expensive. Avon Park's median monthly rent is $781, which is $75 (9%) higher than Lake Placid.
Lemon Grove
Lemon Grove is about 26 miles northwest of Lake Placid. Its real estate prices are a lot more expensive. The median home in Lemon Grove is valued at $210,800, which works out to $126,700 (60%) higher than Lake Placid. The rent there is fairly similar. In Lemon Grove the median rent is $741 per month, which works out to $35 (4%) higher than Lake Placid.
Zolfo Springs
Zolfo Springs is about 27 miles northwest from Lake Placid. Housing prices there are substantially less expensive. The median home price in Zolfo Springs is $51,700, which is $32,400 (62%) lower than Lake Placid. Rent there is fairly similar. In Zolfo Springs the median rent is $727 a month, which comes out to $21 (2%) higher than Lake Placid.
Arcadia
Arcadia is about 27 miles west from Lake Placid. The housing prices there are a bit more expensive. The median home price in Arcadia is $105,900, which works out to $21,800 (20%) higher than Lake Placid. Rents there are a bit more expensive. In Arcadia the median monthly rent is $745, which comes out to $39 (5%) higher than Lake Placid.
