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Affordable
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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 $101,600, lower than the Missouri average of $246,641.
The average cost of rent is $519/mo in Lucerne, primarily driven by the current value of real estate in the Lucerne area. In Lucerne, 2.49% of households rent, and 78.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lucerne is $3,561 per month. Households that rent pay about 14.59% of their income on rent here. Lucerne’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Powersville, MO: equally priced homes
- Newtown, MO: equally priced homes
- Pollock, MO: higher priced homes
- Ravanna, MO: equally priced homes
- Lemons, MO: higher priced homes
- Sewal, IA: higher priced homes
- Harris, MO: equally priced homes
- Unionville, MO: higher priced homes
- Clio, IA: higher priced homes
- Mercer, MO: less expensive homes
Cities with Similar Populations
- Felt, OK: higher priced homes
- Stirling City, CA: higher priced homes
- Steelton, WV: higher priced homes
- Ged, LA: higher priced homes
- Gayle Mill, SC: higher priced homes
- Gassetts, VT: higher priced homes
- Gabbs, NV: equally priced homes
- Frenchville, WI: higher priced homes
- Fort Rice, ND: higher priced homes
- Flitners Corner, WY: higher priced homes
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