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Affordable
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These days, finding an affordable place to live in the Lund area can be challenging. Home prices in Lund are now at a median cost of $500,760, lower than the Utah average of $525,914.
The average cost of rent is $1,762/mo in Lund, primarily driven by the current value of real estate in the Lund area. In Lund, 17.58% of households rent, and 38.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lund is $5,605 per month. Households that rent pay about 31.43% of their income on rent here. Lund’s most expensive areas are in the southern 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
- Pintura, UT: less expensive homes
- Cedar City, UT: less expensive homes
- Kanarraville, UT: higher priced homes
- Enoch, UT: less expensive homes
- Summit, UT: equally priced homes
- Brian Head, UT: higher priced homes
- Newcastle, UT: less expensive homes
- Beryl Junction, UT: less expensive homes
- Beryl, UT: less expensive homes
- Duck Creek Village, UT: less expensive homes
Cities with Similar Populations
- Skippers Corner, NC: less expensive homes
- Jones, LA: less expensive homes
- Lotus, IN: less expensive homes
- Mandalay, AR: less expensive homes
- Manhattan Beach, MN: equally priced homes
- Shannon, AR: less expensive homes
- Shell Beach, CA: higher priced homes
- Shelton, SC: less expensive homes
- Silver City, MI: less expensive homes
- Sims, ND: less expensive homes
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