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Affordable
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These days, finding an affordable place to live in the Lums Chapel area can be challenging. Home prices in Lums Chapel are now at a median cost of $186,139, lower than the Texas average of $322,096.
The average cost of rent is $1,011/mo in Lums Chapel, primarily driven by the current value of real estate in the Lums Chapel area. In Lums Chapel, 18.29% of households rent, and 64.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lums Chapel is $7,441 per month. Households that rent pay about 13.58% of their income on rent here. Lums Chapel’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oklahoma Flat, TX: equally priced homes
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- Friendship, TX: less expensive homes
- Bula, TX: equally priced homes
Cities with Similar Populations
- Hewins, KS: less expensive homes
- Heaton, ND: less expensive homes
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- Herman, NJ: higher priced homes
- Hesper, IA: higher priced homes
- Hessdale, KS: less expensive homes
- Heathville, PA: less expensive homes
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