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Affordable
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These days, finding an affordable place to live in the Lola area can be challenging. Home prices in Lola are now at a median cost of $74,432, lower than the Kentucky average of $219,615.
The average cost of rent is $653/mo in Lola, primarily driven by the current value of real estate in the Lola area. In Lola, 10.02% of households rent, and 74.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lola is $5,110 per month. Households that rent pay about 12.79% of their income on rent here. Lola’s most expensive areas are in the northeastern 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
- Hampton, KY: higher priced homes
- Salem, KY: higher priced homes
- Burna, KY: higher priced homes
- Carrsville, KY: less expensive homes
- Sheridan, KY: higher priced homes
- Tolu, KY: higher priced homes
- Rosiclare, IL: equally priced homes
- Elizabethtown, IL: equally priced homes
- Golconda, IL: higher priced homes
- Homberg, IL: higher priced homes
Cities with Similar Populations
- Grissettown, NC: higher priced homes
- Table Rock, PA: higher priced homes
- Table Rock, MO: higher priced homes
- Syringa, ID: higher priced homes
- Synarep, WA: higher priced homes
- Stone, IN: higher priced homes
- Hamlin, VA: higher priced homes
- Hamley Run, OH: higher priced homes
- Hagedorns Mills, NY: higher priced homes
- Hadensville, KY: higher priced homes
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