Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lowes area can be challenging. Home prices in Lowes are now at a median cost of $153,694, lower than the Kentucky average of $164,895.
The average cost of rent is $741/mo in Lowes, primarily driven by the current value of real estate in the Lowes area. While nearly 37.24% of residents own their homes outright in Lowes, 15.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lowes is $4,735 per month. Households that rent pay about 15.64% of their income on rent here. Lowes's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Trout Creek, MI: less expensive homes
- Trammel, KY: higher priced homes
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- Ellamore, WV: equally priced homes
- Elkton, MN: equally priced homes
- Elk Creek, MO: less expensive homes
- Eldorado, MD: higher priced homes
- Troy, MN: higher priced homes
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