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Affordable
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These days, finding an affordable place to live in the Loma area can be challenging. Home prices in Loma are now at a median cost of $106,389, lower than the North Dakota average of $273,535.
The average cost of rent is $944/mo in Loma, primarily driven by the current value of real estate in the Loma area. In Loma, 10.17% of households rent, and 84.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loma is $7,538 per month. Households that rent pay about 12.52% of their income on rent here. Loma’s most expensive areas are in the central 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
- Nekoma, ND: equally priced homes
- Alsen, ND: equally priced homes
- Hampden, ND: equally priced homes
- Maida, ND: higher priced homes
- Langdon, ND: higher priced homes
- Edmore, ND: less expensive homes
- Hove Mobile Park, ND: equally priced homes
- Munich, ND: equally priced homes
- Osnabrock, ND: equally priced homes
- Wales, ND: equally priced homes
Cities with Similar Populations
- Las Tablas, NM: higher priced homes
- Spalding Tract, CA: higher priced homes
- South Jefferson, NY: higher priced homes
- Seneca, NM: higher priced homes
- Lodi, AR: higher priced homes
- Lochgelly, WV: less expensive homes
- Liverpool, WV: higher priced homes
- Lee, WV: less expensive homes
- Leatherwood, KY: less expensive homes
- Leaf, MS: less expensive homes
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