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Affordable
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These days, finding an affordable place to live in the Lomo area can be challenging. Home prices in Lomo are now at a median cost of $451,046, lower than the California average of $812,006.
The average cost of rent is $1,301/mo in Lomo, primarily driven by the current value of real estate in the Lomo area. In Lomo, 21.00% of households rent, and 46.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lomo is $7,675 per month. Households that rent pay about 16.95% of their income on rent here. Lomo’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Live Oak, CA: less expensive homes
- Marysville, CA: less expensive homes
- Sutter, CA: equally priced homes
- Yuba City, CA: equally priced homes
- Pennington, CA: higher priced homes
- Gridley, CA: less expensive homes
- Robinsons Corner, CA: less expensive homes
- Linda, CA: less expensive homes
- Olivehurst, CA: less expensive homes
- Hammonton, CA: equally priced homes
Cities with Similar Populations
- Atwood, TN: less expensive homes
- Ballentine, SC: less expensive homes
- Bally, PA: less expensive homes
- Big Rock, IL: less expensive homes
- New Preston-Marble Dale, CT: equally priced homes
- Nevada, OH: less expensive homes
- Niland, CA: less expensive homes
- Ninnekah, OK: less expensive homes
- North Springfield, VT: less expensive homes
- Panacea, FL: less expensive homes
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