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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 $476,686, higher than the Montana average of $409,886.
The average cost of rent is $1,178/mo in Lolo, primarily driven by the current value of real estate in the Lolo area. In Lolo, 21.97% of households rent, and 25.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lolo is $8,028 per month. Households that rent pay about 14.67% of their income on rent here. Lolo’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orchard Homes, MT: higher priced homes
- Florence, MT: higher priced homes
- Missoula, MT: equally priced homes
- Milltown, MT: less expensive homes
- Stevensville, MT: higher priced homes
- Clinton, MT: less expensive homes
- Turah, MT: less expensive homes
- Bonner, MT: higher priced homes
- Lolo Hot Springs, MT: equally priced homes
- Frenchtown, MT: equally priced homes
Cities with Similar Populations
- Wind Gap, PA: less expensive homes
- Windber, PA: less expensive homes
- Dacono, CO: equally priced homes
- Dale, TX: less expensive homes
- Daleville, AL: less expensive homes
- Dalton, MA: less expensive homes
- Dalton, OH: less expensive homes
- Daniels, WV: less expensive homes
- Danielsville, GA: less expensive homes
- Windcrest, TX: less expensive homes
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