Lakeland Homes under $200,000

Welcome to Lakeland, Missouri – a hidden gem that perfectly balances small-town charm with modern convenience. Known for its friendly community and picturesque landscapes, Lakeland is a wonderful place to call home, especially for families seeking a nurturing environment for their children.

One of the standout features of Lakeland is its exceptional school district. The Lakeland School District is dedicated to providing a high-quality education, with a focus on fostering creativity, critical thinking, and a love for learning. With a variety of programs and extracurricular activities, students are encouraged to explore their interests and develop their talents. The district's commitment to small class sizes ensures that each student receives personalized attention, making it a fantastic choice for families prioritizing education.

For those looking to settle down in this vibrant community, there are plenty of housing options available, particularly homes under $200,000. This affordability makes Lakeland an attractive destination for first-time homebuyers or those looking to downsize without compromising on quality of life. Whether you’re drawn to cozy single-family homes or charming townhouses, the diverse real estate market offers something for everyone.

In addition to its excellent schools and affordable housing, Lakeland boasts a range of local amenities, including parks, shops, and community events that foster a strong sense of belonging. With its warm atmosphere and welcoming residents, Lakeland, Missouri, is more than just a place to live – it's a place to thrive. Come discover your dream home in this delightful community!

Newest Lakeland Homes under $200,000

$160,000

4 Beds ⋅ 2 Baths

Old world charm meets quiet country living near the Deepwater arm of Truman lake. Large corner lot with chicken coop in the backyard. Relax on a covered deck. Enjoy the extra storage from the enclosed unheated mud room attached to the back of the house with easy access to the deck. Located just five minutes south of Clinton with all it's shopping conveniences and restaurants available. Priced right with abundant space to use as a primary residence or lake getaway.

111 N 5th Street, Deepwater

Listing courtesy of John Clark of KC Vintage Realty LLC.

$134,900

3 Beds ⋅ 2 Baths

Discover comfortable living in this beautifully remodeled single-wide manufactured home, ideally situated on the edge of town. This charming residence features brand new windows throughout, enhancing natural light and energy efficiency. The heart of the home is a custom kitchen, offering modern amenities and stylish finishes perfect for any chef. Step outside to a meticulously maintained lot with a shaded backyard, providing a serene escape. Enjoy warm days by the above-ground pool, all within the privacy of a fully fenced yard. An additional shed offers convenient storage for all your outdoor essentials. This home combines the tranquility of a quiet location with easy access to town amenities.

845 S Carriage Drive, Deepwater

Listing courtesy of Kimberly Davis of Anstine Realty & Auction, LLC.

$138,000

2 Beds ⋅ 1.5 Baths

Single-story residential home with approximately 988 square feet of gross living area, 2 bedrooms, and 1 full bathroom and half bathroom. Situated on a 0.25-acre level lot, the property is constructed on a concrete slab foundation. Exterior features include vinyl siding and a metal roof. Parking and storage facilities consist of an attached 1-car garage with a fronting metal carport, alongside a separate detached metal garage/workshop outbuilding with dedicated driveway access. This is a Fannie Mae HomePath® property. HomePath® is proud to launch our HomePath® Ready Buyer program. Please see the website for details.

809 S Taylor Street, Lowry City

Listing courtesy of Michael Zouglas of REO Xpress LLC.

$58,900

3 Beds ⋅ 1 Baths

Located in the heart of Deepwater, this single-family home at 211 S 6th St. offers a practical layout with 3 bedrooms and 1 bathroom. The property sits on a generous lot, approx. 12,000 square feet providing plenty of outdoor space for gardening, storage, or weekend projects. Inside, you’ll find approx. 912 square feet of living area that serves as a solid foundation for anyone looking to settle into a quiet community. Whether you are looking for a manageable primary residence or a local investment opportunity, this property combines functional indoor space with the freedom of a larger-than-average town lot.

211 S 6th Street, Deepwater

Listing courtesy of Michael Zouglas of REO Xpress LLC.

Start Your Search

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use