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Affordable
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These days, finding an affordable place to live in the Lolo area can be challenging. Home prices in Lolo are now at a median cost of $329,200, lower than the Idaho average of $450,170.
The average cost of rent is $785/mo in Lolo, primarily driven by the current value of real estate in the Lolo area. In Lolo, 10.44% of households rent, and 63.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lolo is $5,982 per month. Households that rent pay about 13.12% of their income on rent here. Lolo’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lolo Hot Springs, MT: higher priced homes
- Pinesdale, MT: higher priced homes
- Victor, MT: higher priced homes
- Woodside, MT: equally priced homes
- Stevensville, MT: higher priced homes
- Hamilton, MT: higher priced homes
- Corvallis, MT: higher priced homes
- Florence, MT: higher priced homes
- Riverside, MT: higher priced homes
- Lolo, MT: higher priced homes
Cities with Similar Populations
- Logan Elm Village, OH: less expensive homes
- Litroe, LA: less expensive homes
- Little America, WY: less expensive homes
- Woodruff, KS: less expensive homes
- Woodlawn, WA: less expensive homes
- Woodlawn Park, OK: less expensive homes
- Litton, MS: less expensive homes
- Litton, TN: less expensive homes
- Lobdell, MS: less expensive homes
- Lock Six, AL: less expensive homes
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