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These days, finding an affordable place to live in the Lone Oak area can be challenging. Home prices in Lone Oak are now at a median cost of $272,907, lower than the Georgia average of $324,634.
The average cost of rent is $1,136/mo in Lone Oak, primarily driven by the current value of real estate in the Lone Oak area. In Lone Oak, 13.23% of households rent, and 42.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lone Oak is $5,862 per month. Households that rent pay about 19.38% of their income on rent here. Lone Oak’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trimble, GA: less expensive homes
- Hogansville, GA: less expensive homes
- Grantville, GA: equally priced homes
- St. Marks, GA: less expensive homes
- Corinth, GA: equally priced homes
- Primrose, GA: less expensive homes
- Louise, GA: less expensive homes
- St. Charles, GA: higher priced homes
- Harrisonville, GA: higher priced homes
- Luthersville, GA: less expensive homes
Cities with Similar Populations
- Gee, KY: equally priced homes
- Graball, TN: higher priced homes
- Gonzales Ranch, NM: less expensive homes
- Glenmore, OH: less expensive homes
- Glenfield, PA: less expensive homes
- Wyldwood, TX: less expensive homes
- Girard, LA: less expensive homes
- Yaak, MT: higher priced homes
- Gibbstown, LA: less expensive homes
- Geyser, MT: less expensive homes
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