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These days, finding an affordable place to live in the Lockwood area can be challenging. Home prices in Lockwood are now at a median cost of $616,642, lower than the California average of $812,006.
The average cost of rent is $1,190/mo in Lockwood, primarily driven by the current value of real estate in the Lockwood area. In Lockwood, 30.91% of households rent, and 59.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockwood is $8,448 per month. Households that rent pay about 14.08% of their income on rent here. Lockwood’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bryson, CA: less expensive homes
- Jolon, CA: equally priced homes
- San Ardo, CA: higher priced homes
- Gorda, CA: less expensive homes
- Lucia, CA: higher priced homes
- Parkfield, CA: equally priced homes
- Avenal, CA: less expensive homes
- Kettleman City, CA: less expensive homes
- Corcoran, CA: less expensive homes
- Alpaugh, CA: less expensive homes
Cities with Similar Populations
- Decatur, NE: less expensive homes
- South Vinemont, AL: less expensive homes
- Soudan, MN: less expensive homes
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- Ellis, IN: less expensive homes
- Elkton, TN: less expensive homes
- East Tallassee, AL: less expensive homes
- Eagleville, MO: less expensive homes
- Dupree, SD: less expensive homes
- Dows, IA: less expensive homes
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