Similar to the surrounding areas, it is a little less expensive compared to the country as a whole. Compared to the city of Lafayette, it is a little less expensive.
Home prices
The price of the median home in Lake Charles is $155,700. This is approximately $3,100 (1%) lower in comparison to its surrounding areas.It is roughly $61,800 (28%) lower compared to the rest of the country, and is roughly $39,700 (20%) lower compared to the city of Lafayette.
Rents
Lake Charles's median monthly rent is $816. It is roughly $164 (16%) lower compared to the surrounding areas.It is approximately $246 (23%) lower compared to the entire nation, and it is roughly $74 (8%) lower compared to the city of Lafayette.
Nearby places
Prien
Prien is Lake Charles's neighbor to the southwest. Real estate prices there are significantly more expensive. The median home in Prien is valued at $241,300, which comes out to $85,600 (35%) higher than Lake Charles. Its rents are a lot more expensive. The median monthly rent in Prien is $1,456, which comes out to $640 (43%) higher than Lake Charles.
Moss Bluff
Moss Bluff is Lake Charles's neighbor to the north. Housing prices there are a little more expensive. The median home cost in Moss Bluff is $189,600, which works out to $33,900 (17%) higher than Lake Charles. Its rents are similar. The median rent in Moss Bluff is $856 per month, which comes out to $40 (4%) higher than Lake Charles.
Westlake
Westlake is roughly 5 miles northwest from Lake Charles. Housing prices there are substantially less expensive. The median home price in Westlake is $114,400, which works out to $41,300 (36%) lower than Lake Charles. Rents there are a bit less expensive. In Westlake the median monthly rent is $630, which comes out to $186 (29%) lower than Lake Charles.
Sulphur
Sulphur is roughly 7 miles west of Lake Charles. Its real estate prices are somewhat less expensive. The median home in Sulphur is valued at $141,700, which works out to $14,000 (9%) lower than Lake Charles. Its rents are pretty similar. In Sulphur the median rent is $850 per month, which comes out to $34 (4%) higher than Lake Charles.
Carlyss
Carlyss is approximately 8 miles west from Lake Charles. Its real estate prices are significantly less expensive. The median home price in Carlyss is $107,000, which comes out to $48,700 (45%) lower than Lake Charles. Rents there are a bit more expensive. Carlyss's median rent is $1,109 a month, which is $293 (26%) higher than Lake Charles.