Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the South Lamar area can be challenging. Home prices in South Lamar are now at a median cost of $542,190, higher than the Austin average of $520,918.
The average cost of rent is $1,642/mo in South Lamar, primarily driven by the current value of real estate in the South Lamar area. In South Lamar, 77.52% of households rent, and 24.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Lamar is $7,343 per month. Households that rent pay about 22.36% of their income on rent here. South Lamar’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Galindo, Austin, TX: higher priced homes
- Barton Hills, Austin, TX: higher priced homes
- South Manchaca, Austin, TX: equally priced homes
- West Gate, Austin, TX: higher priced homes
- West Congress, Austin, TX: higher priced homes
- Zilker, Austin, TX: higher priced homes
- Saint Edwards, Austin, TX: higher priced homes
- Bouldin, Austin, TX: higher priced homes
- East Congress, Austin, TX: equally priced homes
- South River City, Austin, TX: higher priced homes
Neighborhoods with Similar Populations
- Mineral Springs-Rumble Road, Charlotte, NC: less expensive homes
- Southside, Easton, PA: less expensive homes
- Victoria, Riverside, CA: higher priced homes
- Walker, Maywood, CA: higher priced homes
- Shearer Hills-Ridgeview, San Antonio, TX: less expensive homes
- West End, Atlanta, GA: less expensive homes
- Western Hills Yarborough, Shreveport, LA: less expensive homes
- Richmond, Lehigh Acres, FL: less expensive homes
- Westside Community Betterment, Springfield, MO: less expensive homes
- Windsor Hills, Austin, TX: less expensive homes
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