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These days, finding an affordable place to live in the Lamong area can be challenging. Home prices in Lamong are now at a median cost of $426,179, higher than the Indiana average of $232,932.
The average cost of rent is $1,643/mo in Lamong, primarily driven by the current value of real estate in the Lamong area. In Lamong, 27.98% of households rent, and 31.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamong is $9,265 per month. Households that rent pay about 17.74% of their income on rent here. Lamong’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sheridan, IN: less expensive homes
- Big Springs, IN: higher priced homes
- Jolietville, IN: less expensive homes
- Deming, IN: higher priced homes
- Westfield, IN: higher priced homes
- Terhune, IN: less expensive homes
- Boxley, IN: less expensive homes
- Carmel, IN: higher priced homes
- Zionsville, IN: higher priced homes
- Cicero, IN: less expensive homes
Cities with Similar Populations
- Huron, MO: less expensive homes
- Searsboro, IA: less expensive homes
- Lodge, SC: less expensive homes
- Johnsonville, IL: less expensive homes
- Jeffersonville, IL: less expensive homes
- Jay City, IN: less expensive homes
- Islesboro, ME: less expensive homes
- Indore, WV: less expensive homes
- Indian Village, IN: less expensive homes
- Hytop, AL: less expensive homes
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