Home Price Key
Affordable
Average
Expensive
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 $159,110, lower than the Idaho average of $281,471.
The average cost of rent is $659/mo in Lago, primarily driven by the current value of real estate in the Lago area. While nearly 43.44% of residents own their homes outright in Lago, 12.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lago is $5,624 per month. Households that rent pay about 11.72% of their income on rent here. Lago's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Riverdale, AR: higher priced homes
- Rantowles, SC: equally priced homes
- Redcrest, CA: higher priced homes
- Reedtown, OH: equally priced homes
- Reeves, NC: less expensive homes
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- Rhodell, WV: less expensive homes
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- Richfield, IL: less expensive homes
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