The Most Affordable Neighborhoods in Lankin, ND by Home Value

 

Lankin, ND Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lankin area can be challenging. Home prices in Lankin are now at a median cost of $82,500, lower than the North Dakota average of $223,566.

The average cost of rent is $850/mo in Lankin, primarily driven by the current value of real estate in the Lankin area. While nearly 78.95% of residents own their homes outright in Lankin, 15.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lankin is $5,469 per month. Households that rent pay about 15.54% of their income on rent here. Lankin's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.


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