Home prices
The median home in Lake City is valued at $81,200. In comparison to its nearby areas it is roughly $21,080 (35%) higher.It is roughly $136,300 (62%) lower compared to the rest of the country, and is approximately $52,000 (39%) lower in comparison to the city of Des Moines.
Rents
Lake City's median monthly rent is $595. Compared to the surrounding areas this is about $100 (20%) higher.It is roughly $467 (43%) lower in comparison to the country as a whole, and it is approximately $260 (30%) lower in comparison to the city of Des Moines.
Nearby places
Auburn
Auburn is approximately 6 miles west from Lake City. Its real estate prices are a little less expensive. The median home in Auburn is valued at $66,500, which works out to $14,700 (22%) lower than Lake City. Rents there are pretty similar. In Auburn the median monthly rent is $586, which works out to $9 (1%) lower than Lake City.
Lohrville
Lohrville is approximately 7 miles east from Lake City. Its housing prices are substantially less expensive. The median home in Lohrville costs $48,000, which comes out to $33,200 (69%) lower than Lake City. Rents there are a lot less expensive. The median rent in Lohrville is $433 a month, which comes out to $162 (37%) lower than Lake City.
Rockwell City
Rockwell City is roughly 9 miles northeast from Lake City. Its housing prices are a little less expensive. The median home in Rockwell City costs $62,900, which comes out to $18,300 (29%) lower than Lake City. The rent there is fairly similar. Rockwell City's median rent is $608 a month, which comes out to $13 (2%) higher than Lake City.
Lidderdale
Lidderdale is about 9 miles south of Lake City. The real estate prices there are pretty similar. The price of the median home in Lidderdale is $81,000, which is very similar to Lake City. The rent there is substantially less expensive. The median rent in Lidderdale is $367 per month, which is $228 (62%) lower than Lake City.
Lytton
Lytton is roughly 11 miles northwest of Lake City. The real estate prices there are a lot less expensive. The median home value in Lytton is $42,200, which comes out to $39,000 (92%) lower than Lake City. Rents there are somewhat less expensive. Lytton's median monthly rent is $479, which comes out to $116 (24%) lower than Lake City.
