Home prices
The median home price in Lakewood is $568,600. In comparison to its surrounding areas it is about $57,500 (11%) higher.Compared to the rest of the country it is roughly $351,100 (161%) higher, and in comparison to the city of Los Angeles is about $68,300 (10%) lower.
Rents
The median rent in Lakewood is $1,839 a month. It is about $181 (10%) higher compared to nearby areas.In comparison to the entire nation it is approximately $777 (73%) higher, and is about $389 (26%) higher in comparison to the city of Los Angeles.
Nearby places
Hawaiian Gardens
Hawaiian Gardens is Lakewood's neighbor to the southeast. The real estate prices there are significantly less expensive. The median home value in Hawaiian Gardens is $363,500, which is $205,100 (56%) lower than Lakewood. Rents there are a bit less expensive. In Hawaiian Gardens the median monthly rent is $1,403, which is $436 (31%) lower than Lakewood.
Bellflower
Bellflower is Lakewood's neighbor to the north. Its housing prices are somewhat less expensive. Bellflower's median home price is $458,600, which comes out to $110,000 (23%) lower than Lakewood. Rents there are significantly less expensive. In Bellflower the median rent is $1,368 per month, which comes out to $471 (34%) lower than Lakewood.
Cerritos
Cerritos is Lakewood's neighbor to the northeast. The real estate prices there are a bit more expensive. The median home in Cerritos is valued at $685,300, which is $116,700 (17%) higher than Lakewood. Rent there is somewhat more expensive. The median rent in Cerritos is $2,410 a month, which comes out to $571 (23%) higher than Lakewood.
Artesia
Artesia is approximately 2 miles northeast from Lakewood. Housing prices there are fairly similar. The median home cost in Artesia is $542,200, which comes out to $26,400 (4%) lower than Lakewood. Its rents are somewhat less expensive. In Artesia the median monthly rent is $1,662, which is $177 (10%) lower than Lakewood.
Signal Hill
Signal Hill is approximately 3 miles southwest from Lakewood. Real estate prices there are a bit less expensive. Signal Hill's median home price is $505,900, which is $62,700 (12%) lower than Lakewood. Rent there is somewhat less expensive. In Signal Hill the median monthly rent is $1,449, which is $390 (26%) lower than Lakewood.
