Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lowes Island area can be challenging. Home prices in Lowes Island are now at a median cost of $667,048, higher than the Virginia average of $323,261.
The average cost of rent is $2,296/mo in Lowes Island, primarily driven by the current value of real estate in the Lowes Island area. While nearly 17.08% of residents own their homes outright in Lowes Island, 9.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lowes Island is $17,894 per month. Households that rent pay about 12.83% of their income on rent here. Lowes Island's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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- Sugarland, MD: equally priced homes
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