Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lamar area can be challenging. Home prices in Lamar are now at a median cost of $127,673, lower than the Colorado average of $430,259.
The average cost of rent is $794/mo in Lamar, primarily driven by the current value of real estate in the Lamar area. While nearly 48.87% of residents own their homes outright in Lamar, 29.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lamar is $4,098 per month. Households that rent pay about 19.38% of their income on rent here. Lamar's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- West Farm, CO: equally priced homes
- Prowers, CO: higher priced homes
- Wiley, CO: higher priced homes
- Goodale, CO: less expensive homes
- McClave, CO: higher priced homes
- Koen, CO: less expensive homes
- Granada, CO: less expensive homes
- Bristol, CO: less expensive homes
- Hasty, CO: higher priced homes
- Hartman, CO: higher priced homes
Cities with Similar Populations
- Rumford, RI: higher priced homes
- Mead, WA: higher priced homes
- Rhome, TX: higher priced homes
- Robinson, IL: equally priced homes
- Rochester, PA: equally priced homes
- Rockdale, TX: equally priced homes
- Rockville, CT: higher priced homes
- Roebuck, SC: higher priced homes
- Roscommon, MI: equally priced homes
- Rotonda, FL: higher priced homes
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