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These days, finding an affordable place to live in the Lathrop area can be challenging. Home prices in Lathrop are now at a median cost of $678,081, lower than the California average of $812,006.
The average cost of rent is $2,417/mo in Lathrop, primarily driven by the current value of real estate in the Lathrop area. In Lathrop, 16.93% of households rent, and 20.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lathrop is $10,829 per month. Households that rent pay about 22.32% of their income on rent here. Lathrop’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mossdale, CA: higher priced homes
- Manteca, CA: less expensive homes
- French Camp, CA: less expensive homes
- Summer Home, CA: equally priced homes
- Banta, CA: higher priced homes
- Five Corners, CA: equally priced homes
- Tracy, CA: equally priced homes
- Ripon, CA: equally priced homes
- Garden Acres, CA: less expensive homes
- Country Club, CA: less expensive homes
Cities with Similar Populations
- Ponca City, OK: less expensive homes
- Mount Airy, MD: less expensive homes
- Mustang, OK: less expensive homes
- Norco, CA: higher priced homes
- North Royalton, OH: less expensive homes
- Nutley, NJ: less expensive homes
- Parsippany, NJ: less expensive homes
- Pataskala, OH: less expensive homes
- Pewaukee, WI: less expensive homes
- Piedmont, SC: less expensive homes
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