Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lutz area can be challenging. Home prices in Lutz are now at a median cost of $370,528, higher than the Florida average of $278,762.
The average cost of rent is $1,288/mo in Lutz, primarily driven by the current value of real estate in the Lutz area. While nearly 37.41% of residents own their homes outright in Lutz, 16.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lutz is $8,800 per month. Households that rent pay about 14.64% of their income on rent here. Lutz's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Cheval, FL: equally priced homes
- Lake Magdalene, FL: less expensive homes
- University, FL: less expensive homes
- Northdale, FL: less expensive homes
- Land O' Lakes, FL: less expensive homes
- Citrus Park, FL: less expensive homes
- Temple Terrace, FL: less expensive homes
- Odessa, FL: equally priced homes
- Wesley Chapel, FL: less expensive homes
- Egypt Lake-Leto, FL: less expensive homes
Cities with Similar Populations
- Lisle, IL: equally priced homes
- Schererville, IN: less expensive homes
- Scaggsville, MD: higher priced homes
- Saugus, MA: higher priced homes
- San Ysidro, CA: higher priced homes
- Salem, NH: less expensive homes
- Ruston, LA: less expensive homes
- Riverside, NJ: less expensive homes
- Riverhead, NY: equally priced homes
- McMinnville, TN: less expensive homes
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