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These days, finding an affordable place to live in the Lago area can be challenging. Home prices in Lago are now at a median cost of $227,851, lower than the Idaho average of $450,170.
The average cost of rent is $944/mo in Lago, primarily driven by the current value of real estate in the Lago area. In Lago, 11.28% of households rent, and 55.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lago is $5,879 per month. Households that rent pay about 16.05% of their income on rent here. Lago’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Niter, ID: equally priced homes
- Central, ID: equally priced homes
- Thatcher, ID: higher priced homes
- Grace, ID: equally priced homes
- Turner, ID: equally priced homes
- Nounan, ID: equally priced homes
- Sharon, ID: higher priced homes
- Conda, ID: higher priced homes
- Treasureton, ID: higher priced homes
- Mink Creek, ID: higher priced homes
Cities with Similar Populations
- Riverdale, AR: less expensive homes
- Rantowles, SC: higher priced homes
- Redcrest, CA: higher priced homes
- Reedtown, OH: less expensive homes
- Reeves, NC: less expensive homes
- Renan, VA: less expensive homes
- Reynolds, ID: higher priced homes
- Rhodell, WV: less expensive homes
- Rich Patch, VA: less expensive homes
- Richfield, IL: less expensive homes
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