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Affordable
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These days, finding an affordable place to live in the Lula area can be challenging. Home prices in Lula are now at a median cost of $283,459, higher than the Mississippi average of $183,008.
The average cost of rent is $713/mo in Lula, primarily driven by the current value of real estate in the Lula area. In Lula, 37.71% of households rent, and 38.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lula is $3,824 per month. Households that rent pay about 18.63% of their income on rent here. Lula’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rich, MS: less expensive homes
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Cities with Similar Populations
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- Vulcan, MO: less expensive homes
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- Vignes, WI: equally priced homes
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- Vance, MS: less expensive homes
- Uva, WY: equally priced homes
- Walcksville, PA: less expensive homes
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