Much like its nearby areas, it is somewhat less expensive compared to the country as a whole. Compared to the city of Billings however, it is significantly less expensive.
Home prices
The median home in Lovell costs $150,100. In comparison to the surrounding areas it is about $5,320 (3%) higher.In comparison to the entire country it is about $67,400 (30%) lower, and is about $71,000 (32%) lower in comparison to the city of Billings.
Rents
Lovell's median monthly rent is $706. This is approximately $26 (3%) higher compared to the surrounding areas.In comparison to the rest of the nation it is approximately $356 (33%) lower, and it is roughly $193 (21%) lower in comparison to the city of Billings.
Nearby places
Cowley
Cowley is roughly 4 miles northwest from Lovell. The housing prices there are somewhat more expensive. The cost of the median home in Cowley is $211,600, which works out to $61,500 (29%) higher than Lovell. Its rents are a little less expensive. In Cowley the median monthly rent is $650, which works out to $56 (8%) lower than Lovell.
Byron
Byron is about 5 miles southwest from Lovell. The housing prices there are a bit less expensive. The median home cost in Byron is $118,800, which is $31,300 (26%) lower than Lovell. Its rents are a little less expensive. In Byron the median monthly rent is $567, which comes out to $139 (24%) lower than Lovell.
Deaver
Deaver is about 9 miles west of Lovell. Housing prices there are somewhat less expensive. The median home in Deaver is valued at $137,500, which comes out to $12,600 (9%) lower than Lovell. Rent there is somewhat more expensive. The median monthly rent in Deaver is $913, which is $207 (22%) higher than Lovell.
Frannie
Frannie is roughly 12 miles northwest of Lovell. Its housing prices are substantially less expensive. The price of the median home in Frannie is $65,000, which works out to $85,100 (130%) lower than Lovell. Its rents are a lot less expensive. In Frannie the median rent is $450 a month, which works out to $256 (56%) lower than Lovell.
Powell
Powell is about 15 miles west of Lovell. The housing prices there are a bit more expensive. Powell's median home value is $191,000, which comes out to $40,900 (21%) higher than Lovell. Rent there is a bit more expensive. Powell's median rent is $820 per month, which comes out to $114 (13%) higher than Lovell.
