Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lowell area can be challenging. Home prices in Lowell are now at a median cost of $207,138, higher than the Indiana average of $175,617.
The average cost of rent is $1,101/mo in Lowell, primarily driven by the current value of real estate in the Lowell area. While nearly 27.17% of residents own their homes outright in Lowell, 16.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lowell is $6,720 per month. Households that rent pay about 16.39% of their income on rent here. Lowell's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- North Hayden, IN: higher priced homes
- Lake Dalecarlia, IN: higher priced homes
- Cedar Lake, IN: equally priced homes
- Southeast Grove, IN: higher priced homes
- Shelby, IN: equally priced homes
- Sherburnville, IL: higher priced homes
- Schneider, IN: higher priced homes
- Sumava Resorts, IN: less expensive homes
- Crown Point, IN: higher priced homes
- Leroy, IN: higher priced homes
Cities with Similar Populations
- Vincentown, NJ: higher priced homes
- Emmaus, PA: higher priced homes
- Eureka, MO: higher priced homes
- Fairview, CA: higher priced homes
- Fairview Heights, IL: less expensive homes
- Fate, TX: higher priced homes
- Wolcott, CT: higher priced homes
- Fishkill, NY: higher priced homes
- Watkinsville, GA: higher priced homes
- Wakulla Springs, FL: less expensive homes
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