Housing & Real Estate — Lake Station, Indiana

Overview

Total Housing Units5,120
Occupied4,753
Vacant367
Owner-Occupied3,303
Renter-Occupied1,450
Median Home Value (Census)$137,400
Estimated 2026~$147,000
Median Rent$1,115/mo
Median Property Tax$1,399/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income22.5%
Severely Rent-Burdened33.3%

Housing Age

Built 2010 or later202
Built 2000-2009219
Built 1990-1999560
Built before 19602,109
Median Year Built1959
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.