Much like its nearby areas, it is a lot less expensive compared to the entire country. It is a lot less expensive compared to the city of Oklahoma City.
Home prices
The median home cost in Lahoma is $89,400. It is about $2,400 (2%) higher compared to other places in this area.Compared to the entire country it is approximately $128,100 (58%) lower, and in comparison to the city of Oklahoma City is roughly $69,100 (43%) lower.
Rents
In Lahoma the median rent is $820 a month. It is about $76 (10%) higher compared to other places in this area.It is approximately $242 (22%) lower compared to the entire country, and in comparison to the city of Oklahoma City is roughly $51 (5%) lower.
Nearby places
Meno
Meno is about 4 miles west of Lahoma. The real estate prices there are similar. Meno's median home value is $90,000, which is very similar to Lahoma. Its rents are a bit less expensive. Meno's median monthly rent is $725, which works out to $95 (13%) lower than Lahoma.
Drummond
Drummond is approximately 6 miles southeast from Lahoma. The housing prices there are a lot less expensive. The median home in Drummond costs $65,800, which comes out to $23,600 (35%) lower than Lahoma. The rent there is pretty similar. The median rent in Drummond is $836 per month, which comes out to $16 (1%) higher than Lahoma.
Ringwood
Ringwood is roughly 7 miles west of Lahoma. Its housing prices are pretty similar. The median home in Ringwood costs $87,900, which comes out to $1,500 (1%) lower than Lahoma. Rent there is substantially less expensive. In Ringwood the median rent is $567 per month, which is $253 (44%) lower than Lahoma.
Enid
Enid is approximately 10 miles east from Lahoma. Housing prices there are somewhat more expensive. The median home in Enid is valued at $108,300, which works out to $18,900 (17%) higher than Lahoma. Rents there are similar. In Enid the median monthly rent is $860, which comes out to $40 (4%) higher than Lahoma.
Waukomis
Waukomis is approximately 11 miles southeast of Lahoma. Real estate prices there are a bit less expensive. The median home in Waukomis is valued at $83,000, which is $6,400 (7%) lower than Lahoma. Rent there is a bit less expensive. The median monthly rent in Waukomis is $733, which works out to $87 (11%) lower than Lahoma.