Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lucerne area can be challenging. Home prices in Lucerne are now at a median cost of $495,800, higher than the Colorado average of $430,259.
The average cost of rent is $969/mo in Lucerne, primarily driven by the current value of real estate in the Lucerne area. While nearly 36.15% of residents own their homes outright in Lucerne, 34.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lucerne is $7,758 per month. Households that rent pay about 12.49% of their income on rent here. Lucerne's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Windsor, CO: equally priced homes
Cities with Similar Populations
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