Much like the surrounding areas, it is substantially more expensive compared to the rest of the nation. Compared to the city of Washington, it's close to average.
Home prices
The median home in Lowes Island costs $596,500. Compared to its surrounding areas this is about $17,880 (3%) higher.In comparison to the entire nation it is about $379,000 (174%) higher, and it is is very similar in comparison to the city of Washington.
Rents
Lowes Island's median rent is $2,351 per month. Compared to other places in this area this is approximately $181 (8%) higher.Compared to the nation as a whole it is approximately $1,289 (121%) higher, and is approximately $810 (52%) higher compared to the city of Washington.
Nearby places
Sugarland Run
Sugarland Run is Lowes Island's neighbor to the southwest. Its housing prices are significantly less expensive. The cost of the median home in Sugarland Run is $413,000, which comes out to $183,500 (44%) lower than Lowes Island. The rent there is somewhat less expensive. The median monthly rent in Sugarland Run is $2,129, which is $222 (10%) lower than Lowes Island.
Cascades
Cascades is Lowes Island's neighbor to the west. Real estate prices there are a bit less expensive. The median home in Cascades costs $486,000, which works out to $110,500 (22%) lower than Lowes Island. Rents there are a little less expensive. In Cascades the median rent is $1,944 a month, which comes out to $407 (20%) lower than Lowes Island.
Great Falls
Great Falls is Lowes Island's neighbor to the southeast. Real estate prices there are significantly more expensive. Great Falls's median home cost is $1,142,000, which is $545,500 (47%) higher than Lowes Island. The rent there is somewhat more expensive. The median rent in Great Falls is $3,066 a month, which is $715 (23%) higher than Lowes Island.
Countryside
Countryside is approximately 2 miles west of Lowes Island. Its housing prices are a lot less expensive. The median home in Countryside costs $428,300, which works out to $168,200 (39%) lower than Lowes Island. Rent there is a bit less expensive. Countryside's median rent is $1,889 per month, which is $462 (24%) lower than Lowes Island.
Dulles Town Center
Dulles Town Center is roughly 3 miles southwest from Lowes Island. The real estate prices there are a lot less expensive. The median home in Dulles Town Center is valued at $423,800, which comes out to $172,700 (40%) lower than Lowes Island. Rent there is a little less expensive. In Dulles Town Center the median monthly rent is $1,824, which comes out to $527 (28%) lower than Lowes Island.