Home prices
The median home in Lannon costs $177,600. Compared to its surrounding areas it is about $77,940 (30%) lower.Compared to the US as a whole it is about $39,900 (18%) lower, and in comparison to the city of Chicago is approximately $80,400 (31%) lower.
Rents
In Lannon the median rent is $804 per month. In comparison to its nearby areas this is approximately $279 (25%) lower.It is about $258 (24%) lower in comparison to the country as a whole, and compared to the city of Chicago is roughly $308 (27%) lower.
Nearby places
Menomonee Falls
Menomonee Falls is Lannon's neighbor to the east. Housing prices there are a bit more expensive. The median home in Menomonee Falls costs $247,300, which works out to $69,700 (28%) higher than Lannon. Rents there are somewhat more expensive. The median rent in Menomonee Falls is $1,052 per month, which works out to $248 (23%) higher than Lannon.
Sussex
Sussex is about 2 miles southwest of Lannon. The housing prices there are substantially more expensive. The median home value in Sussex is $286,300, which comes out to $108,700 (37%) higher than Lannon. Rents there are a bit more expensive. The median monthly rent in Sussex is $987, which works out to $183 (18%) higher than Lannon.
Butler
Butler is about 4 miles southeast of Lannon. Its housing prices are a bit less expensive. Butler's median home value is $161,200, which is $16,400 (10%) lower than Lannon. Rent there is similar. The median monthly rent in Butler is $786, which is $18 (2%) lower than Lannon.
Germantown
Germantown is roughly 5 miles north of Lannon. The real estate prices there are substantially more expensive. The median home in Germantown is valued at $264,100, which comes out to $86,500 (32%) higher than Lannon. Its rents are a little more expensive. The median monthly rent in Germantown is $1,064, which works out to $260 (24%) higher than Lannon.
Brookfield
Brookfield is roughly 5 miles south from Lannon. Its housing prices are substantially more expensive. The median home price in Brookfield is $318,800, which comes out to $141,200 (44%) higher than Lannon. Its rents are significantly more expensive. In Brookfield the median rent is $1,526 a month, which comes out to $722 (47%) higher than Lannon.