![]() Dunkirk, NY The Dunkirk Lighthouse on Lake Erie in Dunkirk, NY It’s also home to the Great Lakes Lore Maritime Museum and the Presque Isle County Historical.Ī large three-bedroom home with a garage and a brick fire pit in the backyard can be found for $165,000, a short walk from Rogers City’s North Shore Park and beach.ģ. Rogers City has been host to multiple salmon fishing tournaments in the summer, including the vividly named Fat Hogs Fishing Frenzy and the more straightforward Rogers City Salmon Tournament. They include Harbor View Park on the southern corner, Seagull Point Park on the northern tip of the town, and several in between, including the Rogers City Yacht Harbor and Lakeside Park. Situated on the banks of Lake Huron, about 45 minutes from Cheboygan, Rogers City residents have quick access to multiple parks along the lakeshore. Rogers City is the smallest of any of the spots on our list of affordable lake towns, just shy of 3,000 residents. And for just over $100,000, home shoppers can find a two-bedroom condo about as close to the lake. A three-bedroom home within walking distance of Lake Vermilion, with hardwood floors, a garage, and a big yard, goes for $120,000. The median home listing within a half-mile of Lake Vermilion over the past year had a price tag 65% below the national median list price of $445,000 in June. Abraham Lincoln was known to visit the town and once delivered a speech from the balcony of the home of a prominent Danville resident. The town was an industrial hot spot for the region from the mid-19th century to the mid-20th century, as a major coal mining town and a rail hub. The human-made reservoir provides drinking water for the city, but it has also become a popular fishing and boating location. (Photo courtesy of Jeff McIntire via Google Maps)ĭanville, a relatively small town in east central Illinois along the Indiana border, is home to Lake Vermilion. So let’s set sail to the most affordable lakeside real estate in 2023. ![]() And we included only the single most affordable lake town in any state, to ensure geographic diversity. And we didn’t include extremely small towns, because you’ve got to have at least a few shops and restaurants to keep you busy when you’re not on the water. ![]() We excluded big cities, because we’re looking for places where the lake plays a large part in the local culture. Only towns with at least 50 home listings over that period were included. (Named bodies of water exclude reservoirs and lakes that folks can’t swim or boat on.) Then we calculated the median prices from July 2022 through June 2023 for homes in those areas to pinpoint the most affordable lake towns in 2023. To find the most affordable lake towns, we looked at all the home listings for the past year within a half-mile (roughly a 10-minute walk) of a named lake or pond. It is Earth’s eye looking into which the beholder measures the depth of his own nature.” As it turns out, they’re also ideal places for lake house shoppers not looking to stretch their budget.Īs famously avid lake admirer Henry David Thoreau once wrote, “A lake is a landscape’s most beautiful and expressive feature. 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. Each of the lake towns we found has a unique charm, blending natural beauty and local culture. ![]()
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