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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 $210,482, lower than the New Hampshire average of $417,591.
The average cost of rent is $1,030/mo in Lancaster, primarily driven by the current value of real estate in the Lancaster area. In Lancaster, 23.50% of households rent, and 59.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lancaster is $6,626 per month. Households that rent pay about 15.55% of their income on rent here. Lancaster’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lunenburg, VT: less expensive homes
- Jefferson, NH: higher priced homes
- Guildhall, VT: equally priced homes
- Groveton, NH: less expensive homes
- Dalton, NH: less expensive homes
- Whitefield, NH: higher priced homes
- Gilman, VT: less expensive homes
- Maidstone, VT: equally priced homes
- Granby, VT: equally priced homes
- Miles Pond, VT: less expensive homes
Cities with Similar Populations
- Lake Katrine, NY: higher priced homes
- Village of Grosse Pointe Shores, MI: higher priced homes
- Unionville, TN: higher priced homes
- Triadelphia, WV: equally priced homes
- Trempealeau, WI: higher priced homes
- State Road, NC: equally priced homes
- Rockville, VA: higher priced homes
- Port Ewen, NY: higher priced homes
- Oakland City, IN: less expensive homes
- Naples, ME: higher priced homes
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