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Affordable
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These days, finding an affordable place to live in the Lone Elm area can be challenging. Home prices in Lone Elm are now at a median cost of $157,949, lower than the Kansas average of $243,949.
The average cost of rent is $542/mo in Lone Elm, primarily driven by the current value of real estate in the Lone Elm area. In Lone Elm, 15.08% of households rent, and 55.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lone Elm is $5,966 per month. Households that rent pay about 9.09% of their income on rent here. Lone Elm’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kincaid, KS: equally priced homes
- Mildred, KS: less expensive homes
- Colony, KS: equally priced homes
- Welda, KS: equally priced homes
- Selma, KS: less expensive homes
- Carlyle, KS: less expensive homes
- La Harpe, KS: less expensive homes
- Gas, KS: less expensive homes
- Moran, KS: less expensive homes
- Iola, KS: less expensive homes
Cities with Similar Populations
- Gifford, IA: less expensive homes
- West Petersburg, IN: higher priced homes
- Westford, NY: equally priced homes
- Wetsel, OH: higher priced homes
- Whitacre, VA: higher priced homes
- Guion, IN: higher priced homes
- Greenock, PA: less expensive homes
- Greencastle, OH: higher priced homes
- Greble, PA: higher priced homes
- Goodenow, IL: higher priced homes
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