Housing costs in Lake Lorraine?
A typical home costs
$387,200, which is 14.5% more expensive than the national average of
$338,100 and 6.8% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Lorraine costs
$1,400 per month, which is 10.3% cheaper than the national average of
$1,560 and 9.3% more than the state average of
$1,270.
Can I afford Lake Lorraine?
To live comfortably in Lake Lorraine (zip 32579), Florida, a minimum annual income of
$74,160 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Lake Lorraine?
The cost of living in Lake Lorraine, FL is relatively low compared to other areas in Florida and the country. On average, rent is around $1,000 per month for a three-bedroom apartment. The median home value is about $100,000 which makes it a great option for first time home buyers. Groceries and utilities are also quite inexpensive. With the added bonus of being close to beaches and other attractions, Lake Lorraine is an ideal place to live if you want to keep costs down while still maintaining a good quality of life.