Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lancaster area can be challenging. Home prices in Lancaster are now at a median cost of $265,071, lower than the California average of $648,235.
The average cost of rent is $1,444/mo in Lancaster, primarily driven by the current value of real estate in the Lancaster area. While nearly 34.75% of residents own their homes outright in Lancaster, 40.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lancaster is $5,516 per month. Households that rent pay about 26.18% of their income on rent here. Lancaster's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Quartz Hill, CA: higher priced homes
- Palmdale, CA: higher priced homes
- Leona Valley, CA: higher priced homes
- Del Sur, CA: higher priced homes
- Sun Village, CA: equally priced homes
- Littlerock, CA: higher priced homes
- Lake Hughes, CA: higher priced homes
- Agua Dulce, CA: higher priced homes
- Lake Los Angeles, CA: less expensive homes
- Three Points, CA: higher priced homes
Cities with Similar Populations
- Frisco, TX: higher priced homes
- Glendale, AZ: less expensive homes
- Garland, TX: less expensive homes
- Fullerton, CA: higher priced homes
- Gardena, CA: higher priced homes
- Garden Grove, CA: higher priced homes
- Greenville, NC: less expensive homes
- Fresno, CA: equally priced homes
- Gainesville, GA: equally priced homes
- Gaithersburg, MD: higher priced homes
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