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These days, finding an affordable place to live in the Lanesboro area can be challenging. Home prices in Lanesboro are now at a median cost of $308,741, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,393/mo in Lanesboro, primarily driven by the current value of real estate in the Lanesboro area. In Lanesboro, 5.76% of households rent, and 35.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lanesboro is $8,191 per month. Households that rent pay about 17.00% of their income on rent here. Lanesboro’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lanesborough, MA: equally priced homes
- Berkshire, MA: equally priced homes
- Farnams, MA: equally priced homes
- New Ashford, MA: higher priced homes
- Pittsfield, MA: less expensive homes
- Cheshire, MA: less expensive homes
- Town Crest Village, MA: equally priced homes
- Wyomanock, NY: less expensive homes
- Dalton, MA: equally priced homes
- Stephentown, NY: less expensive homes
Cities with Similar Populations
- Modena, NY: equally priced homes
- Groveton, TX: less expensive homes
- Isabel, LA: less expensive homes
- Jasper, MO: less expensive homes
- Kinsman, OH: less expensive homes
- Lakesite, TN: equally priced homes
- Larchwood, IA: less expensive homes
- Leverett, MA: higher priced homes
- Lewiston, MN: less expensive homes
- Mayfield, MI: equally priced homes
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