Similar to its nearby areas, it's a lot less expensive compared to the country as a whole. Compared to the city of Atlanta, it is substantially less expensive.
Home prices
The median home in Lula costs $137,200. Compared to the surrounding areas this is approximately $1,720 (1%) lower.Compared to the United States as a whole it is approximately $80,300 (36%) lower, and in comparison to the city of Atlanta is approximately $153,200 (52%) lower.
Rents
Lula's median monthly rent is $969. This is approximately $185 (23%) higher compared to the surrounding areas.Compared to the nation as a whole it is roughly $93 (8%) lower, and in comparison to the city of Atlanta is roughly $184 (15%) lower.
Nearby places
Raoul
Raoul is approximately 5 miles northeast of Lula. Its real estate prices are substantially less expensive. The value of the median home in Raoul is $71,600, which comes out to $65,600 (91%) lower than Lula. Rents there are a little less expensive. Raoul's median rent is $747 a month, which works out to $222 (29%) lower than Lula.
Gillsville
Gillsville is roughly 6 miles south of Lula. Real estate prices there are somewhat more expensive. The median home price in Gillsville is $176,800, which comes out to $39,600 (22%) higher than Lula. The rent there is somewhat less expensive. Gillsville's median monthly rent is $856, which is $113 (13%) lower than Lula.
Alto
Alto is roughly 6 miles northeast of Lula. Its real estate prices are somewhat less expensive. The median home in Alto costs $115,200, which comes out to $22,000 (19%) lower than Lula. Its rents are a little less expensive. Alto's median monthly rent is $772, which is $197 (25%) lower than Lula.
Clermont
Clermont is roughly 8 miles northwest from Lula. Housing prices there are a lot more expensive. The value of the median home in Clermont is $219,200, which is $82,000 (37%) higher than Lula. Rents there are similar. Clermont's median monthly rent is $939, which works out to $30 (3%) lower than Lula.
Baldwin
Baldwin is about 8 miles northeast from Lula. Its real estate prices are a bit less expensive. The value of the median home in Baldwin is $111,800, which comes out to $25,400 (22%) lower than Lula. The rent there is significantly less expensive. Baldwin's median monthly rent is $607, which works out to $362 (59%) lower than Lula.
