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Affordable
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These days, finding an affordable place to live in the Lennox area can be challenging. Home prices in Lennox are now at a median cost of $715,150, lower than the California average of $812,006.
The average cost of rent is $1,491/mo in Lennox, primarily driven by the current value of real estate in the Lennox area. In Lennox, 74.03% of households rent, and 33.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lennox is $5,348 per month. Households that rent pay about 27.87% of their income on rent here. Lennox’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Inglewood, CA: equally priced homes
- Del Aire, CA: higher priced homes
- Hawthorne, CA: higher priced homes
- Westmont, CA: equally priced homes
- El Segundo, CA: higher priced homes
- Ladera Heights, CA: higher priced homes
- West Athens, CA: equally priced homes
- Lawndale, CA: higher priced homes
- View Park-Windsor Hills, CA: higher priced homes
- Manhattan Beach, CA: higher priced homes
Cities with Similar Populations
- Round Lake, IL: less expensive homes
- Mount Vernon, IL: less expensive homes
- Mountlake Terrace, WA: equally priced homes
- Neosho, MO: less expensive homes
- Newport, TN: less expensive homes
- Ottawa, IL: less expensive homes
- Owens Cross Roads, AL: less expensive homes
- Pittsboro, NC: less expensive homes
- Rancho San Diego, CA: higher priced homes
- River Falls, WI: less expensive homes
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