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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 $211,868, lower than the Ohio average of $236,816.
The average cost of rent is $853/mo in Lowell, primarily driven by the current value of real estate in the Lowell area. In Lowell, 11.89% of households rent, and 71.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lowell is $5,091 per month. Households that rent pay about 16.76% of their income on rent here. Lowell’s most expensive areas are in the northern 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
- Devola, OH: equally priced homes
- Coal Run, OH: equally priced homes
- Warner, OH: less expensive homes
- Pinehurst, OH: less expensive homes
- Whipple, OH: less expensive homes
- Macksburg, OH: less expensive homes
- Beverly, OH: less expensive homes
- Waterford, OH: equally priced homes
- Dexter City, OH: less expensive homes
- Watertown, OH: higher priced homes
Cities with Similar Populations
- Browns Valley, CA: higher priced homes
- Buras, LA: less expensive homes
- Ackley, IA: less expensive homes
- Star City, WV: higher priced homes
- Silver Lake, MN: higher priced homes
- Sharon, TN: less expensive homes
- Rolla, ND: less expensive homes
- Port Dickinson, NY: less expensive homes
- Newton, GA: less expensive homes
- Morton, WA: higher priced homes
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