Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lanark area can be challenging. Home prices in Lanark are now at a median cost of $64,715, lower than the Texas average of $235,268.
The average cost of rent is $660/mo in Lanark, primarily driven by the current value of real estate in the Lanark area. While nearly 77.61% of residents own their homes outright in Lanark, 12.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lanark is $5,161 per month. Households that rent pay about 12.79% of their income on rent here. Lanark's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Queen City, TX: higher priced homes
- Springdale, TX: higher priced homes
- Atlanta, TX: higher priced homes
- Domino, TX: higher priced homes
- Cass, TX: higher priced homes
- Bloomburg, TX: higher priced homes
- O'Farrell, TX: higher priced homes
- Smyrna, TX: higher priced homes
- Bethsaida, TX: higher priced homes
- Douglassville, TX: higher priced homes
Cities with Similar Populations
- Temple, ME: higher priced homes
- Gary City, TX: higher priced homes
- Georgetown, ME: higher priced homes
- Gillett, FL: higher priced homes
- Glasgow, OR: higher priced homes
- Sumerco, WV: higher priced homes
- Surveyor, WV: higher priced homes
- Sycolin, VA: higher priced homes
- Talisheek, LA: higher priced homes
- Talowah, MS: higher priced homes
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