Home Price Key
Affordable
Average
Expensive
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 $253,691, lower than the Idaho average of $281,471.
The average cost of rent is $863/mo in Lorenzo, primarily driven by the current value of real estate in the Lorenzo area. While nearly 30.85% of residents own their homes outright in Lorenzo, 5.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorenzo is $6,097 per month. Households that rent pay about 14.15% of their income on rent here. Lorenzo's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Thornton, ID: equally priced homes
- Labelle, ID: equally priced homes
- Rigby, ID: equally priced homes
- Burton, ID: equally priced homes
- Sunnydell, ID: less expensive homes
- Menan, ID: less expensive homes
- Rexburg, ID: equally priced homes
- Lewisville, ID: equally priced homes
- Hibbard, ID: higher priced homes
- Ririe, ID: equally priced homes
Cities with Similar Populations
- Tiller, OR: less expensive homes
- Vandalia, TX: less expensive homes
- Vance, MO: less expensive homes
- Valley, WI: less expensive homes
- Valley Ford, CA: higher priced homes
- Valeda, KS: less expensive homes
- Utica, SD: less expensive homes
- Utica, OK: less expensive homes
- Utica, MO: less expensive homes
- Urbana, NY: less expensive homes
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