Home prices
The median home in Lambert is valued at $47,200. Compared to nearby areas this is about $11,700 (19%) lower.Compared to the rest of the nation it is approximately $170,300 (78%) lower, and is roughly $54,600 (53%) lower in comparison to the city of Memphis.
Rents
The median monthly rent in Lambert is $388. This is about $201 (34%) lower compared to its nearby areas.It is roughly $674 (63%) lower in comparison to the United States as a whole, and compared to the city of Memphis is approximately $513 (56%) lower.
Nearby places
Marks
Marks is about 3 miles north from Lambert. Its housing prices are somewhat more expensive. The median home in Marks costs $67,800, which is $20,600 (30%) higher than Lambert. Rent there is substantially more expensive. The median monthly rent in Marks is $611, which comes out to $223 (36%) higher than Lambert.
Crowder
Crowder is roughly 7 miles east from Lambert. Housing prices there are fairly similar. Crowder's median home value is $45,200, which comes out to $2,000 (4%) lower than Lambert. Rent there is a bit more expensive. Crowder's median rent is $570 a month, which comes out to $182 (31%) higher than Lambert.
Jonestown
Jonestown is roughly 12 miles northwest from Lambert. Housing prices there are a little less expensive. The median home in Jonestown costs $42,100, which is $5,100 (12%) lower than Lambert. Rents there are similar. Jonestown's median monthly rent is $388, which is very similar to Lambert.
Lyon
Lyon is about 13 miles west of Lambert. Housing prices there are substantially more expensive. The median home in Lyon is valued at $105,600, which works out to $58,400 (55%) higher than Lambert. Rents there are a lot more expensive. In Lyon the median monthly rent is $625, which comes out to $237 (37%) higher than Lambert.
Falcon
Falcon is approximately 13 miles north from Lambert. Its housing prices are significantly less expensive. The median home in Falcon is valued at $33,800, which works out to $13,400 (39%) lower than Lambert. The rent there is significantly more expensive. The median monthly rent in Falcon is $753, which works out to $365 (48%) higher than Lambert.