The Most Affordable Neighborhoods in Lanham, TX by Home Value

 

Lanham, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lanham area can be challenging. Home prices in Lanham are now at a median cost of $124,695, lower than the Texas average of $235,268.

The average cost of rent is $765/mo in Lanham, primarily driven by the current value of real estate in the Lanham area. While nearly 70.17% of residents own their homes outright in Lanham, 7.91% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lanham is $3,925 per month. Households that rent pay about 19.50% of their income on rent here. Lanham's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.


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