Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Lockhart area can be challenging. Home prices in Lockhart are now at a median cost of $114,003, lower than the Minnesota average of $269,934.
The average cost of rent is $720/mo in Lockhart, primarily driven by the current value of real estate in the Lockhart area. While nearly 58.16% of residents own their homes outright in Lockhart, 17.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lockhart is $4,508 per month. Households that rent pay about 15.98% of their income on rent here. Lockhart's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Ada, MN: equally priced homes
- Beltrami, MN: higher priced homes
- Gary, MN: higher priced homes
- Shelly, MN: equally priced homes
- Fertile, MN: higher priced homes
- Halstad, MN: equally priced homes
- Nielsville, MN: higher priced homes
- Borup, MN: equally priced homes
- Heiberg, MN: equally priced homes
- Hendrum, MN: less expensive homes
Cities with Similar Populations
- La Joya, NM: higher priced homes
- Kapulena, HI: higher priced homes
- Kealia, HI: higher priced homes
- Kellersburg, PA: equally priced homes
- Kelly Point, PA: higher priced homes
- Kellysville, WV: less expensive homes
- Kenna, NM: higher priced homes
- Kimery, TN: less expensive homes
- Kinbrae, MN: higher priced homes
- King and Anderson, MS: higher priced homes
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