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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 $158,731, lower than the Texas average of $322,096.
The average cost of rent is $991/mo in Lanham, primarily driven by the current value of real estate in the Lanham area. In Lanham, 12.89% of households rent, and 71.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lanham is $5,295 per month. Households that rent pay about 18.72% of their income on rent here. Lanham’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fairy, TX: higher priced homes
- Whiteway, TX: less expensive homes
- Hamilton, TX: less expensive homes
- Pancake, TX: equally priced homes
- Cranfills Gap, TX: higher priced homes
- Olin, TX: higher priced homes
- Indian Gap, TX: higher priced homes
- Turnersville, TX: higher priced homes
- Siloam, TX: higher priced homes
- Mosheim, TX: higher priced homes
Cities with Similar Populations
- Nora, SD: higher priced homes
- North Santiam, OR: higher priced homes
- North Livermore, ME: higher priced homes
- North Lemmon, ND: equally priced homes
- North Haven, ME: higher priced homes
- North Chemung, NY: equally priced homes
- North Branch, WI: higher priced homes
- Norris, MO: higher priced homes
- Normanda, IN: higher priced homes
- Northwest Stanwood, WA: higher priced homes
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