Much like its nearby areas, it's substantially less expensive compared to the US as a whole. Compared to the city of Brownsville, it's significantly less expensive.
Home prices
The median home cost in Las Lomas is $56,800. This is roughly $1,980 (3%) lower in comparison to other places in this area.It is about $160,700 (73%) lower compared to the entire nation, and is roughly $33,200 (36%) lower in comparison to the city of Brownsville.
Rents
Las Lomas's median rent is $542 per month. Compared to the surrounding areas it is about $69 (11%) lower.Compared to the rest of the nation it is roughly $520 (48%) lower, and compared to the city of Brownsville it is about $194 (26%) lower.
Nearby places
Rio Grande City
Rio Grande City is Las Lomas's neighbor to the northwest. The housing prices there are a bit more expensive. The median home in Rio Grande City is valued at $72,100, which is $15,300 (21%) higher than Las Lomas. Rent there is a bit more expensive. The median monthly rent in Rio Grande City is $643, which works out to $101 (15%) higher than Las Lomas.
Camargito
Camargito is about 2 miles southeast from Las Lomas. Housing prices there are a bit more expensive. The value of the median home in Camargito is $83,200, which is $26,400 (31%) higher than Las Lomas. Its rents are a little more expensive. Camargito's median monthly rent is $591, which is $49 (8%) higher than Las Lomas.
Mikes
Mikes is roughly 8 miles southeast from Las Lomas. Its real estate prices are a lot less expensive. The value of the median home in Mikes is $38,100, which works out to $18,700 (49%) lower than Las Lomas. Rents there are somewhat more expensive. In Mikes the median monthly rent is $581, which comes out to $39 (6%) higher than Las Lomas.
La Grulla
La Grulla is approximately 10 miles southeast of Las Lomas. Real estate prices there are significantly less expensive. The median home price in La Grulla is $39,000, which is $17,800 (45%) lower than Las Lomas. Its rents are similar. La Grulla's median monthly rent is $564, which is $22 (3%) higher than Las Lomas.
Escobares
Escobares is about 11 miles west of Las Lomas. Its housing prices are somewhat more expensive. Escobares's median home value is $61,500, which works out to $4,700 (7%) higher than Las Lomas. Rent there is a little more expensive. Escobares's median rent is $674 per month, which is $132 (19%) higher than Las Lomas.
