Home prices
Lake Station's median home value is $84,400. It is roughly $75,400 (47%) lower in comparison to its surrounding areas.In comparison to the rest of the nation it is approximately $133,100 (61%) lower, and is about $173,600 (67%) lower in comparison to the city of Chicago.
Rents
The median rent in Lake Station is $953 per month. In comparison to its nearby areas this is roughly $73 (7%) lower.In comparison to the entire country it is roughly $109 (10%) lower, and it is approximately $159 (14%) lower in comparison to the city of Chicago.
Nearby places
New Chicago
New Chicago is Lake Station's neighbor to the southwest. Its real estate prices are similar. The cost of the median home in New Chicago is $82,900, which is $1,500 (1%) lower than Lake Station. Rents there are similar. In New Chicago the median rent is $920 a month, which comes out to $33 (3%) lower than Lake Station.
Portage
Portage is Lake Station's neighbor to the east. The real estate prices there are substantially more expensive. The median home in Portage is valued at $152,500, which is $68,100 (44%) higher than Lake Station. Its rents are somewhat less expensive. In Portage the median rent is $902 per month, which works out to $51 (5%) lower than Lake Station.
Hobart
Hobart is Lake Station's neighbor to the south. The housing prices there are significantly more expensive. Hobart's median home value is $142,700, which comes out to $58,300 (40%) higher than Lake Station. Rents there are pretty similar. Hobart's median rent is $954 a month, which is very similar to Lake Station.
Gary
Gary is Lake Station's neighbor to the west. The housing prices there are a little less expensive. The cost of the median home in Gary is $66,100, which comes out to $18,300 (27%) lower than Lake Station. Rent there is somewhat less expensive. Gary's median rent is $785 per month, which comes out to $168 (21%) lower than Lake Station.
Ogden Dunes
Ogden Dunes is approximately 4 miles northeast of Lake Station. The real estate prices there are significantly more expensive. The median home price in Ogden Dunes is $354,800, which is $270,400 (76%) higher than Lake Station. Its rents are substantially more expensive. The median monthly rent in Ogden Dunes is $1,568, which comes out to $615 (39%) higher than Lake Station.
