Lake Park renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Lake Park is about $1,394 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,125. Households in Lake Park have a median income of $6,620 per month so the average renter in Lake Park is spending roughly 21% of their earnings on housing.
Nationally, and in Lake Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Park is $236,364 right now, which is lower than cities nearby, meaning that rents in Lake Park also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Lake Park while lower rent rates are often available in eastern areas.
Nearby Cities
- Hemby Bridge, NC: more expensive rent prices
- Indian Trail, NC: more expensive rent prices
- Stallings, NC: more expensive rent prices
- Matthews, NC: more expensive rent prices
- Mint Hill, NC: more expensive rent prices
- Unionville, NC: less expensive rent prices
- Weddington, NC: more expensive rent prices
- Wesley Chapel, NC: more expensive rent prices
- Monroe, NC: less expensive rent prices
- Mineral Springs, NC: more expensive rent prices
Cities with Similar Populations
- Harriman, NY: more expensive rent prices
- Tontitown, AR: less expensive rent prices
- Gerber, CA: less expensive rent prices
- Millersport, OH: less expensive rent prices
- Lovell, WY: less expensive rent prices
- Mount Oliver, PA: less expensive rent prices
- Niagara, WI: less expensive rent prices
- Norridgewock, ME: less expensive rent prices
- Sells, AZ: less expensive rent prices
- Blowing Rock, NC: less expensive rent prices
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