Realtor.com says that while some of America’s more famous lake towns are pricey, there are actually many that are surprisingly affordable, offering lakeside living for bargain-basement prices. In fact, the U.S. Geological Survey says there are almost 7 million bodies of water in the U.S. and of those, 5.76 million are classified as a lake or pond. To that end they put pen to paper to find America’s most affordable lake towns. They looked at all home listings (areas with at least 50 listings) for the past year within a half-mile (10-minute walk) of a named lake or pond, then they calculated the median prices for the homes in those areas.
“Each of the lake towns we found has a unique charm, blending natural beauty and local culture. All of them are nestled in the most affordable regions of the country, especially the Upper Midwest to the Deep South—areas known for their low cost of living. As it turns out, they’re also ideal places for lake house shoppers not looking to stretch their budget.”
Click here to read more at Realtor.com.
