Much like other places in this area, it is significantly more expensive compared to the United States as a whole. However it's a little less expensive compared to the city of Portland.
Home prices
The median home cost in Lake Shore is $334,500. Compared to the surrounding areas it is roughly $17,180 (4%) lower.In comparison to the United States as a whole it is approximately $117,000 (53%) higher, and in comparison to the city of Portland it is about $77,500 (18%) lower.
Rents
Lake Shore's median rent is $1,691 per month. This is about $239 (16%) higher in comparison to its nearby areas.It is approximately $629 (59%) higher compared to the United States as a whole, and compared to the city of Portland it is approximately $443 (35%) higher.
Nearby places
Felida
Felida is Lake Shore's neighbor to the northwest. Its real estate prices are somewhat more expensive. The median home in Felida is valued at $450,100, which is $115,600 (25%) higher than Lake Shore. The rent there is a little more expensive. The median monthly rent in Felida is $1,941, which is $250 (12%) higher than Lake Shore.
Hazel Dell
Hazel Dell is Lake Shore's neighbor to the southeast. The real estate prices there are a bit less expensive. The cost of the median home in Hazel Dell is $279,700, which is $54,800 (19%) lower than Lake Shore. Its rents are a lot less expensive. The median rent in Hazel Dell is $1,200 per month, which is $491 (40%) lower than Lake Shore.
Salmon Creek
Salmon Creek is Lake Shore's neighbor to the northeast. The real estate prices there are similar. The median home price in Salmon Creek is $332,100, which is very similar to Lake Shore. Rents there are a lot less expensive. In Salmon Creek the median monthly rent is $1,210, which is $481 (39%) lower than Lake Shore.
Barberton
Barberton is approximately 3 miles northeast from Lake Shore. Its real estate prices are a little more expensive. Barberton's median home cost is $414,500, which works out to $80,000 (19%) higher than Lake Shore. The rent there is a bit less expensive. Barberton's median rent is $1,408 a month, which works out to $283 (20%) lower than Lake Shore.
Minnehaha
Minnehaha is roughly 3 miles southeast from Lake Shore. Its real estate prices are somewhat less expensive. Minnehaha's median home cost is $282,000, which comes out to $52,500 (18%) lower than Lake Shore. Rents there are a little less expensive. The median rent in Minnehaha is $1,503 per month, which is $188 (12%) lower than Lake Shore.
