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 $167,285, lower than the Texas average of $235,268.
The average cost of rent is $663/mo in Lomax, primarily driven by the current value of real estate in the Lomax area. While nearly 62.41% of residents own their homes outright in Lomax, 26.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lomax is $6,634 per month. Households that rent pay about 9.99% of their income on rent here. Lomax's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Stanton, TX: less expensive homes
- Lees, TX: equally priced homes
- Hyman, TX: equally priced homes
- Spraberry, TX: higher priced homes
- Big Spring, TX: less expensive homes
- Lenorah, TX: equally priced homes
- Forsan, TX: equally priced homes
- Tarzan, TX: equally priced homes
- Sand Springs, TX: less expensive homes
- Coahoma, TX: less expensive homes
Cities with Similar Populations
- Georgeville, PA: less expensive homes
- Yellow Creek, NC: less expensive homes
- Glen Echo, CO: higher priced homes
- Glen Comfort, CO: higher priced homes
- Yetter, IA: higher priced homes
- Gladstone, NJ: higher priced homes
- Gilman, CT: higher priced homes
- Gillett Grove, IA: less expensive homes
- Gill, GA: less expensive homes
- Gilead, NE: less expensive homes
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