Much like its nearby areas, it's substantially less expensive compared to the rest of the country. It's significantly less expensive compared to the city of Tampa.
Home prices
The median home in Lake Alfred costs $142,700. Compared to nearby areas this is approximately $1,460 (1%) lower.Compared to the rest of the nation it is about $74,800 (34%) lower, and in comparison to the city of Tampa it is roughly $96,200 (40%) lower.
Rents
Lake Alfred's median monthly rent is $884. This is approximately $58 (6%) lower compared to nearby areas.It is about $178 (16%) lower in comparison to the US as a whole, and in comparison to the city of Tampa is about $247 (21%) lower.
Nearby places
Auburndale
Auburndale is Lake Alfred's neighbor to the west. The real estate prices there are somewhat more expensive. Auburndale's median home price is $180,800, which comes out to $38,100 (21%) higher than Lake Alfred. Rents there are similar. In Auburndale the median monthly rent is $888, which is very similar to Lake Alfred.
Winter Haven
Winter Haven is Lake Alfred's neighbor to the south. Its real estate prices are a bit more expensive. The median home in Winter Haven costs $154,100, which comes out to $11,400 (7%) higher than Lake Alfred. Its rents are somewhat more expensive. Winter Haven's median monthly rent is $961, which comes out to $77 (8%) higher than Lake Alfred.
Inwood
Inwood is roughly 5 miles southwest of Lake Alfred. Its real estate prices are a lot less expensive. The median home in Inwood is valued at $79,800, which is $62,900 (78%) lower than Lake Alfred. Its rents are a bit less expensive. The median monthly rent in Inwood is $775, which comes out to $109 (14%) lower than Lake Alfred.
Haines City
Haines City is roughly 6 miles east from Lake Alfred. Housing prices there are similar. The median home in Haines City is valued at $141,400, which is very similar to Lake Alfred. Rents there are a little more expensive. The median monthly rent in Haines City is $1,024, which is $140 (13%) higher than Lake Alfred.
Lake Hamilton
Lake Hamilton is about 7 miles southeast of Lake Alfred. The housing prices there are a little more expensive. The median home in Lake Hamilton is valued at $164,700, which is $22,000 (13%) higher than Lake Alfred. The rent there is a bit more expensive. Lake Hamilton's median monthly rent is $1,060, which comes out to $176 (16%) higher than Lake Alfred.
