Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lorne area can be challenging. Home prices in Lorne are now at a median cost of $206,208, lower than the Virginia average of $323,261.
The average cost of rent is $1,375/mo in Lorne, primarily driven by the current value of real estate in the Lorne area. While nearly 27.53% of residents own their homes outright in Lorne, 4.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorne is $6,460 per month. Households that rent pay about 21.28% of their income on rent here. Lorne's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Taylorsville, VA: higher priced homes
- Blantons, VA: higher priced homes
- Shumansville, VA: equally priced homes
- Doswell, VA: higher priced homes
- Penola, VA: higher priced homes
- Hanover, VA: higher priced homes
- Studley, VA: higher priced homes
- Duane, VA: equally priced homes
- Mangohick, VA: higher priced homes
- Verdon, VA: higher priced homes
Cities with Similar Populations
- Chapanoke, NC: less expensive homes
- Wildflower, CA: higher priced homes
- Wilcox, MO: less expensive homes
- Wilburn, AR: less expensive homes
- White Shield, ND: less expensive homes
- Clinton, TX: higher priced homes
- Clear Lake, IN: higher priced homes
- Cherry Grove, IN: less expensive homes
- Charlotte, IA: less expensive homes
- Williams, MN: higher priced homes
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