Expensive
Affordable
Affordable
Colorblind friendly
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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 $457,808, higher than the Idaho average of $450,170.
The average cost of rent is $1,174/mo in Lorenzo, primarily driven by the current value of real estate in the Lorenzo area. In Lorenzo, 17.87% of households rent, and 42.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lorenzo is $7,004 per month. Households that rent pay about 16.77% of their income on rent here. Lorenzo’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thornton, ID: equally priced homes
- Labelle, ID: higher priced homes
- Rigby, ID: equally priced homes
- Burton, ID: less expensive homes
- Sunnydell, ID: less expensive homes
- Menan, ID: less expensive homes
- Rexburg, ID: equally priced homes
- Lewisville, ID: less expensive 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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