
Affordable
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These days, finding an affordable place to live in the Lorenzo area can be challenging. Home prices in Lorenzo are now at a median cost of $225,830, lower than the Georgia average of $324,634.
The average cost of rent is $1,109/mo in Lorenzo, primarily driven by the current value of real estate in the Lorenzo area. In Lorenzo, 10.25% of households rent, and 45.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lorenzo is $5,479 per month. Households that rent pay about 20.25% of their income on rent here. Lorenzo’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shawnee, GA: equally priced homes
- Egypt, GA: higher priced homes
- Springfield, GA: higher priced homes
- Clyo, GA: equally priced homes
- Hubert, GA: less expensive homes
- Oliver, GA: less expensive homes
- Stillwell, GA: higher priced homes
- Newington, GA: less expensive homes
- Stilson, GA: less expensive homes
- Brooklet, GA: less expensive homes
Cities with Similar Populations
- Clifty, TN: less expensive homes
- Westville, OH: equally priced homes
- Westside, IA: less expensive homes
- Crucible, PA: less expensive homes
- Crescent, WI: equally priced homes
- Crabb, TX: higher priced homes
- Como, CO: higher priced homes
- Coleta, IL: less expensive homes
- Colburn, WI: equally priced homes
- Coalmont, IN: less expensive homes
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