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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 $501,300, lower than the Utah average of $525,914.
The average cost of rent is $1,238/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. In Lincoln, 2.68% of households rent, and 19.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $11,730 per month. Households that rent pay about 10.55% of their income on rent here. Lincoln’s most expensive areas are in the northern 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
- Tooele, UT: less expensive homes
- Stansbury Park, UT: higher priced homes
- Erda, UT: equally priced homes
- Lake Point, UT: higher priced homes
- Copperton, UT: higher priced homes
- Bingham Canyon, UT: equally priced homes
- Grantsville, UT: equally priced homes
- Stockton, UT: equally priced homes
- Magna, UT: less expensive homes
- Ophir, UT: less expensive homes
Cities with Similar Populations
- Holly Springs, TN: less expensive homes
- Spring Creek Colony, SD: less expensive homes
- Jeffress, VA: less expensive homes
- Indian Creek, TX: less expensive homes
- Imlertown, PA: less expensive homes
- Idington, MN: less expensive homes
- Hyak, WA: higher priced homes
- Hume, OH: less expensive homes
- Hughes, LA: less expensive homes
- Houghton Lake Heights, MI: less expensive homes
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