Much like its surrounding areas, it is a lot less expensive compared to the country as a whole. It is significantly less expensive compared to the city of Atlanta.
Home prices
Lake City's median home cost is $88,200. It is approximately $2,900 (3%) lower in comparison to other places in this area.It is about $129,300 (59%) lower compared to the nation as a whole, and in comparison to the city of Atlanta is about $202,200 (69%) lower.
Rents
Lake City's median rent is $939 a month. Compared to nearby areas this is about $17 (1%) higher.It is about $123 (11%) lower in comparison to the nation as a whole, and is roughly $214 (18%) lower in comparison to the city of Atlanta.
Nearby places
Forest Park
Forest Park is Lake City's neighbor to the northwest. Real estate prices there are a bit less expensive. The median home in Forest Park costs $67,100, which works out to $21,100 (31%) lower than Lake City. Rent there is a bit less expensive. The median monthly rent in Forest Park is $866, which is $73 (8%) lower than Lake City.
Morrow
Morrow is Lake City's neighbor to the south. Real estate prices there are somewhat more expensive. Morrow's median home price is $112,100, which works out to $23,900 (21%) higher than Lake City. Its rents are a little less expensive. The median rent in Morrow is $885 per month, which is $54 (6%) lower than Lake City.
Conley
Conley is roughly 2 miles north of Lake City. Real estate prices there are somewhat less expensive. Conley's median home price is $77,100, which works out to $11,100 (14%) lower than Lake City. Rents there are fairly similar. The median rent in Conley is $916 per month, which is $23 (2%) lower than Lake City.
Riverdale
Riverdale is about 4 miles southwest of Lake City. Housing prices there are a little more expensive. Riverdale's median home cost is $101,300, which is $13,100 (12%) higher than Lake City. The rent there is fairly similar. Riverdale's median rent is $903 per month, which works out to $36 (3%) lower than Lake City.
Hapeville
Hapeville is approximately 5 miles northwest of Lake City. Housing prices there are a little more expensive. The median home in Hapeville costs $97,900, which works out to $9,700 (9%) higher than Lake City. Its rents are a little more expensive. Hapeville's median monthly rent is $1,041, which is $102 (9%) higher than Lake City.
