Similar to nearby areas, it is a lot less expensive compared to the rest of the country. Compared to the city of Grand Rapids however, it's a little less expensive.
Home prices
The median home in Lake Odessa is valued at $99,100. This is about $4,100 (3%) lower in comparison to other places in this area.It is roughly $118,400 (54%) lower in comparison to the US as a whole, and in comparison to the city of Grand Rapids it is about $44,300 (30%) lower.
Rents
Lake Odessa's median monthly rent is $670. This is about $78 (13%) higher in comparison to nearby areas.It is roughly $392 (36%) lower compared to the United States as a whole, and it is roughly $255 (27%) lower compared to the city of Grand Rapids.
Nearby places
Woodland
Woodland is roughly 3 miles south of Lake Odessa. Real estate prices there are pretty similar. The median home in Woodland is valued at $103,500, which works out to $4,400 (4%) higher than Lake Odessa. Rent there is similar. The median monthly rent in Woodland is $656, which is $14 (2%) lower than Lake Odessa.
Clarksville
Clarksville is approximately 5 miles northwest of Lake Odessa. The housing prices there are a little more expensive. The median home value in Clarksville is $117,400, which is $18,300 (15%) higher than Lake Odessa. The rent there is significantly less expensive. The median monthly rent in Clarksville is $358, which is $312 (87%) lower than Lake Odessa.
Sunfield
Sunfield is roughly 6 miles east of Lake Odessa. The housing prices there are pretty similar. The price of the median home in Sunfield is $103,800, which comes out to $4,700 (4%) higher than Lake Odessa. Rent there is a little less expensive. In Sunfield the median monthly rent is $620, which works out to $50 (8%) lower than Lake Odessa.
Freeport
Freeport is approximately 7 miles west from Lake Odessa. The real estate prices there are somewhat less expensive. The price of the median home in Freeport is $82,100, which works out to $17,000 (20%) lower than Lake Odessa. The rent there is a bit more expensive. In Freeport the median monthly rent is $867, which comes out to $197 (22%) higher than Lake Odessa.
Saranac
Saranac is roughly 10 miles north from Lake Odessa. The housing prices there are somewhat more expensive. The price of the median home in Saranac is $109,200, which is $10,100 (9%) higher than Lake Odessa. Rent there is significantly less expensive. Saranac's median rent is $460 a month, which is $210 (45%) lower than Lake Odessa.
