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Affordable
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These days, finding an affordable place to live in the Lonoke area can be challenging. Home prices in Lonoke are now at a median cost of $1,320,815, higher than the California average of $812,006.
The average cost of rent is $2,387/mo in Lonoke, primarily driven by the current value of real estate in the Lonoke area. In Lonoke, 22.80% of households rent, and 21.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lonoke is $13,040 per month. Households that rent pay about 18.30% of their income on rent here. Lonoke’s most expensive areas are in the northwestern 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
- Gilroy, CA: less expensive homes
- Rucker, CA: equally priced homes
- Old Gilroy, CA: less expensive homes
- San Martin, CA: higher priced homes
- Aromas, CA: less expensive homes
- Pajaro, CA: less expensive homes
- Watsonville, CA: less expensive homes
- San Juan Bautista, CA: less expensive homes
- Freedom, CA: less expensive homes
- Corralitos, CA: equally priced homes
Cities with Similar Populations
- Choptack, TN: less expensive homes
- Wagarville, AL: less expensive homes
- Cullom, IL: less expensive homes
- Comptche, CA: less expensive homes
- Colony, KS: less expensive homes
- Colbyville, VT: less expensive homes
- Cohoctah, MI: less expensive homes
- Cleo Springs, OK: less expensive homes
- Clarksdale, MO: less expensive homes
- Waco, NC: less expensive homes
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