Home prices
The price of the median home in Lowell is $117,700. In comparison to its surrounding areas it is approximately $82,600 (41%) lower.Compared to the entire nation it is about $99,800 (45%) lower, and is about $102,600 (46%) lower in comparison to the city of Charlotte.
Rents
In Lowell the median rent is $840 a month. This is roughly $152 (15%) lower compared to its nearby areas.In comparison to the rest of the country it is approximately $222 (20%) lower, and it is roughly $295 (25%) lower in comparison to the city of Charlotte.
Nearby places
McAdenville
McAdenville is Lowell's neighbor to the east. The real estate prices there are significantly more expensive. The median home in McAdenville is valued at $289,500, which works out to $171,800 (59%) higher than Lowell. The rent there is a bit more expensive. The median monthly rent in McAdenville is $958, which comes out to $118 (12%) higher than Lowell.
Ranlo
Ranlo is Lowell's neighbor to the northwest. Housing prices there are a little more expensive. The value of the median home in Ranlo is $139,900, which comes out to $22,200 (15%) higher than Lowell. Its rents are somewhat more expensive. The median rent in Ranlo is $1,075 a month, which is $235 (21%) higher than Lowell.
Gastonia
Gastonia is Lowell's neighbor to the west. Real estate prices there are a little more expensive. The median home in Gastonia costs $155,200, which works out to $37,500 (24%) higher than Lowell. Its rents are similar. Gastonia's median rent is $879 a month, which is $39 (4%) higher than Lowell.
Cramerton
Cramerton is about 2 miles southeast of Lowell. Its housing prices are substantially more expensive. The median home cost in Cramerton is $206,300, which works out to $88,600 (42%) higher than Lowell. Rent there is somewhat more expensive. In Cramerton the median monthly rent is $1,036, which works out to $196 (18%) higher than Lowell.
Belmont
Belmont is about 4 miles southeast from Lowell. The real estate prices there are substantially more expensive. Belmont's median home value is $210,600, which comes out to $92,900 (44%) higher than Lowell. Its rents are a bit more expensive. Belmont's median monthly rent is $1,013, which comes out to $173 (17%) higher than Lowell.
