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These days, finding an affordable place to live in the New Lancaster area can be challenging. Home prices in New Lancaster are now at a median cost of $218,858, lower than the Kansas average of $243,949.
The average cost of rent is $844/mo in New Lancaster, primarily driven by the current value of real estate in the New Lancaster area. In New Lancaster, 20.25% of households rent, and 50.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Lancaster is $6,008 per month. Households that rent pay about 14.05% of their income on rent here. New Lancaster’s most expensive areas are in the southern 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
- Lacygne, KS: equally priced homes
- Linn Valley, KS: less expensive homes
- Fontana, KS: higher priced homes
- Trading Post, KS: higher priced homes
- Farlinville, KS: equally priced homes
- Amsterdam, MO: less expensive homes
- Merwin, MO: less expensive homes
- Goodrich, KS: higher priced homes
- Amoret, MO: equally priced homes
- Parker, KS: higher priced homes
Cities with Similar Populations
- Faywood, NM: equally priced homes
- Theba, AZ: less expensive homes
- Tamaha, OK: less expensive homes
- Tama, OH: equally priced homes
- Taber, ID: higher priced homes
- Fleming, NY: higher priced homes
- Fishers, NY: higher priced homes
- Finland, SC: less expensive homes
- Fines Creek, NC: higher priced homes
- Filson, IL: less expensive homes
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