Expensive
Affordable
Affordable
Colorblind friendly
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These days, finding an affordable place to live in the Lonoak area can be challenging. Home prices in Lonoak are now at a median cost of $844,518, higher than the California average of $812,006.
The average cost of rent is $1,449/mo in Lonoak, primarily driven by the current value of real estate in the Lonoak area. In Lonoak, 32.47% of households rent, and 51.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lonoak is $9,900 per month. Households that rent pay about 14.63% of their income on rent here. Lonoak’s most expensive areas are in the northern 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
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Cities with Similar Populations
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