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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 $269,100, lower than the North Carolina average of $323,314.
The average cost of rent is $1,108/mo in Lola, primarily driven by the current value of real estate in the Lola area. In Lola, 30.86% of households rent, and 41.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lola is $5,625 per month. Households that rent pay about 19.70% of their income on rent here. Lola’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar Island, NC: equally priced homes
- Atlantic, NC: less expensive homes
- Sealevel, NC: less expensive homes
- Stacy, NC: less expensive homes
- Davis, NC: less expensive homes
- South River, NC: higher priced homes
- Otway, NC: equally priced homes
- Merrimon, NC: higher priced homes
- Pamlico, NC: higher priced homes
- Bettie, NC: less expensive homes
Cities with Similar Populations
- Snow Hill, TX: less expensive homes
- Sitka, IN: less expensive homes
- Sivells Bend, TX: higher priced homes
- Slatestone, TN: less expensive homes
- Sloan, NV: higher priced homes
- Slovak, AR: less expensive homes
- Smith Grove, TX: less expensive homes
- Snap, KY: less expensive homes
- Snoqualmie Pass, WA: higher priced homes
- Snow Creek, CA: higher priced homes
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