Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lomax area can be challenging. Home prices in Lomax are now at a median cost of $78,082, lower than the Illinois average of $242,002.
The average cost of rent is $676/mo in Lomax, primarily driven by the current value of real estate in the Lomax area. While nearly 50.71% of residents own their homes outright in Lomax, 24.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lomax is $4,346 per month. Households that rent pay about 15.56% of their income on rent here. Lomax's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Carman, IL: higher priced homes
- Shokokon, IL: higher priced homes
- Terre Haute, IL: equally priced homes
- Dallas City, IL: higher priced homes
- Disco, IL: higher priced homes
- Spring Grove, IA: higher priced homes
- La Harpe, IL: equally priced homes
- Pontoosuc, IL: equally priced homes
- Stronghurst, IL: equally priced homes
- Hopper, IL: higher priced homes
Cities with Similar Populations
- Sugar Grove, WI: higher priced homes
- Crystal Hill, VA: higher priced homes
- Curdsville, VA: higher priced homes
- Cynthiana, OH: higher priced homes
- David, KY: higher priced homes
- Day, FL: higher priced homes
- Decker, IN: higher priced homes
- Defiance, IA: higher priced homes
- Dermont, KY: higher priced homes
- Stephensport, KY: higher priced homes
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