Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lanai City area can be challenging. Home prices in Lanai City are now at a median cost of $466,832, lower than the Hawaii average of $682,000.
The average cost of rent is $1,050/mo in Lanai City, primarily driven by the current value of real estate in the Lanai City area. While nearly 54.15% of residents own their homes outright in Lanai City, 46.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lanai City is $5,842 per month. Households that rent pay about 17.97% of their income on rent here. Lanai City's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Koele, HI: higher priced homes
- Kamalo, HI: less expensive homes
- Honokowai, HI: higher priced homes
- Lahaina, HI: higher priced homes
- Kelawea, HI: higher priced homes
- Kaanapali, HI: less expensive homes
- Launiupoko, HI: higher priced homes
- Kaunakakai, HI: less expensive homes
- Napili, HI: higher priced homes
- Olowalu, HI: higher priced homes
Cities with Similar Populations
- Centerville, TX: less expensive homes
- Gower, MO: less expensive homes
- Golden Meadow, LA: less expensive homes
- Glendale, OH: less expensive homes
- Garland, NC: less expensive homes
- Fremont, WI: less expensive homes
- Fawn Grove, PA: less expensive homes
- Farmer City, IL: less expensive homes
- Eldorado, TX: less expensive homes
- Earlville, NY: less expensive homes
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