The Most Affordable Neighborhoods in Lone Elm, KS by Home Value

 

Lone Elm, KS Map of Most Affordable Neighborhoods
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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 $100,883, lower than the Kansas average of $185,150.

The average cost of rent is $539/mo in Lone Elm, primarily driven by the current value of real estate in the Lone Elm area. While nearly 52.09% of residents own their homes outright in Lone Elm, 19.88% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lone Elm is $4,997 per month. Households that rent pay about 10.78% of their income on rent here. Lone Elm's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.


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