Home Price Key
Affordable
Average
Expensive
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 $126,789, lower than the Texas average of $235,268.
The average cost of rent is $1,021/mo in Lone Oak, primarily driven by the current value of real estate in the Lone Oak area. While nearly 65.07% of residents own their homes outright in Lone Oak, 19.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lone Oak is $5,454 per month. Households that rent pay about 18.73% of their income on rent here. Lone Oak's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- East Tawakoni, TX: higher priced homes
- West Tawakoni, TX: equally priced homes
- Point, TX: higher priced homes
- Miller Grove, TX: equally priced homes
- Hawk Cove, TX: higher priced homes
- Quinlan, TX: equally priced homes
- Bonanza, TX: higher priced homes
- Emory, TX: higher priced homes
- Greenview, TX: higher priced homes
- Caddo Mills, TX: higher priced homes
Cities with Similar Populations
- Borrego Springs, CA: higher priced homes
- Cornwall On Hudson, NY: higher priced homes
- Edgewood, PA: higher priced homes
- Montpelier, ID: higher priced homes
- Milan, NM: less expensive homes
- Moriches, NY: higher priced homes
- New Waterford, OH: equally priced homes
- North Waterboro, ME: higher priced homes
- Norton, KS: less expensive homes
- Oak Ridge North, TX: higher priced homes
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