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These days, finding an affordable place to live in the Lane area can be challenging. Home prices in Lane are now at a median cost of $212,014, lower than the Texas average of $322,096.
The average cost of rent is $948/mo in Lane, primarily driven by the current value of real estate in the Lane area. In Lane, 13.09% of households rent, and 49.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lane is $6,118 per month. Households that rent pay about 15.50% of their income on rent here. Lane’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pike, TX: higher priced homes
- Celeste, TX: higher priced homes
- Leonard, TX: higher priced homes
- Merit, TX: higher priced homes
- White Rock, TX: higher priced homes
- Nobility, TX: higher priced homes
- Blue Ridge, TX: higher priced homes
- Wolfe City, TX: higher priced homes
- Trenton, TX: higher priced homes
- Tidwell, TX: equally priced homes
Cities with Similar Populations
- Midwest, WY: higher priced homes
- McIntyre, LA: less expensive homes
- McKees Beach, WA: higher priced homes
- McKinnon, TN: less expensive homes
- McLeod, LA: higher priced homes
- McNeal, MS: less expensive homes
- Mendon, MO: less expensive homes
- Mesena, GA: less expensive homes
- Methvin, LA: less expensive homes
- Middleburg, MD: higher priced homes
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