Home prices
The median home in Lancaster costs $261,400. This is roughly $60,700 (18%) lower in comparison to its nearby areas.In comparison to the United States as a whole it is roughly $43,900 (20%) higher, and in comparison to the city of Los Angeles is roughly $375,500 (58%) lower.
Rents
Lancaster's median rent is $1,215 per month. Compared to its nearby areas this is about $17 (1%) higher.It is roughly $153 (14%) higher compared to the rest of the nation, and compared to the city of Los Angeles is roughly $235 (16%) lower.
Nearby places
Quartz Hill
Quartz Hill is Lancaster's neighbor to the southwest. Its real estate prices are somewhat more expensive. The value of the median home in Quartz Hill is $335,500, which works out to $74,100 (22%) higher than Lancaster. The rent there is somewhat less expensive. The median monthly rent in Quartz Hill is $1,141, which is $74 (6%) lower than Lancaster.
Palmdale
Palmdale is Lancaster's neighbor to the southeast. Its real estate prices are a bit more expensive. Palmdale's median home price is $280,000, which works out to $18,600 (6%) higher than Lancaster. Its rents are a little more expensive. In Palmdale the median rent is $1,319 a month, which is $104 (7%) higher than Lancaster.
Leona Valley
Leona Valley is Lancaster's neighbor to the southwest. The real estate prices there are significantly more expensive. The median home price in Leona Valley is $444,300, which comes out to $182,900 (41%) higher than Lancaster. Rents there are substantially less expensive. The median rent in Leona Valley is $834 per month, which comes out to $381 (45%) lower than Lancaster.
Desert View Highlands
Desert View Highlands is about 7 miles south of Lancaster. Real estate prices there are similar. The median home in Desert View Highlands is valued at $268,800, which works out to $7,400 (2%) higher than Lancaster. Rent there is a little more expensive. In Desert View Highlands the median monthly rent is $1,331, which comes out to $116 (8%) higher than Lancaster.
Elizabeth Lake
Elizabeth Lake is approximately 10 miles west from Lancaster. The real estate prices there are somewhat more expensive. The cost of the median home in Elizabeth Lake is $281,900, which is $20,500 (7%) higher than Lancaster. Rents there are a little more expensive. In Elizabeth Lake the median rent is $1,363 per month, which works out to $148 (10%) higher than Lancaster.
