Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lincoln area can be challenging. Home prices in Lincoln are now at a median cost of $369,942, higher than the Rhode Island average of $323,786.
The average cost of rent is $1,279/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. While nearly 32.09% of residents own their homes outright in Lincoln, 24.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $8,818 per month. Households that rent pay about 14.50% of their income on rent here. Lincoln's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Valley Falls, RI: less expensive homes
- Central Falls, RI: less expensive homes
- Stillwater, RI: less expensive homes
- Pawtucket, RI: less expensive homes
- Cumberland, RI: equally priced homes
- North Providence, RI: less expensive homes
- Smithfield, RI: equally priced homes
- Manville, RI: less expensive homes
- Cumberland Hill, RI: less expensive homes
- Providence, RI: less expensive homes
Cities with Similar Populations
- Rutland, VT: less expensive homes
- Grand Island, NY: less expensive homes
- Great Neck, NY: higher priced homes
- Greenfield, CA: equally priced homes
- Groves, TX: less expensive homes
- Guilford, CT: higher priced homes
- Hanahan, SC: less expensive homes
- Rensselaer, NY: less expensive homes
- Rio Rico, AZ: less expensive homes
- Roscoe, IL: less expensive homes
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