Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lanett area can be challenging. Home prices in Lanett are now at a median cost of $109,424, lower than the Alabama average of $185,232.
The average cost of rent is $736/mo in Lanett, primarily driven by the current value of real estate in the Lanett area. While nearly 55.79% of residents own their homes outright in Lanett, 27.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lanett is $4,194 per month. Households that rent pay about 17.54% of their income on rent here. Lanett's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- North West Point, GA: equally priced homes
- Valley, AL: higher priced homes
- West Point, GA: higher priced homes
- Osanippa, AL: higher priced homes
- Gray Hill, GA: equally priced homes
- Fredonia, AL: higher priced homes
- Long Cane, GA: higher priced homes
- Cusseta, AL: higher priced homes
- Blanton, AL: higher priced homes
- Tillery Crossroads, AL: higher priced homes
Cities with Similar Populations
- Prince George, VA: higher priced homes
- Mary Esther, FL: higher priced homes
- Maryville, MO: higher priced homes
- Mattawan, MI: higher priced homes
- Maunabo, PR: less expensive homes
- Mays Chapel, MD: higher priced homes
- Maysville, KY: higher priced homes
- Poteau, OK: higher priced homes
- Price, UT: higher priced homes
- Markham, IL: less expensive homes
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