Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lochiel area can be challenging. Home prices in Lochiel are now at a median cost of $263,800, lower than the Arizona average of $274,828.
The average cost of rent is $1,024/mo in Lochiel, primarily driven by the current value of real estate in the Lochiel area. While nearly 67.36% of residents own their homes outright in Lochiel, 38.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lochiel is $2,880 per month. Households that rent pay about 35.56% of their income on rent here. Lochiel's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Shenandoah Caverns, VA: equally priced homes
- McCall, IL: less expensive homes
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