Much like nearby areas, it is somewhat more expensive compared to the US as a whole. Compared to the city of Missoula however, it's somewhat less expensive.
Home prices
The cost of the median home in Lolo is $230,200. It is is very similar compared to its nearby areas.It is about $12,700 (5%) higher in comparison to the country as a whole, and is about $49,500 (17%) lower in comparison to the city of Missoula.
Rents
In Lolo the median rent is $714 a month. It is about $211 (22%) lower compared to its surrounding areas.In comparison to the entire nation it is approximately $348 (32%) lower, and compared to the city of Missoula is roughly $145 (16%) lower.
Nearby places
Orchard Homes
Orchard Homes is roughly 4 miles north from Lolo. Real estate prices there are somewhat more expensive. The price of the median home in Orchard Homes is $312,000, which comes out to $81,800 (26%) higher than Lolo. The rent there is a little more expensive. Orchard Homes's median rent is $958 per month, which works out to $244 (25%) higher than Lolo.
Florence
Florence is about 8 miles south from Lolo. Its real estate prices are a little more expensive. Florence's median home value is $282,800, which is $52,600 (18%) higher than Lolo. Rents there are a little more expensive. In Florence the median rent is $754 per month, which works out to $40 (5%) higher than Lolo.
East Missoula
East Missoula is roughly 9 miles northeast from Lolo. Housing prices there are a bit less expensive. The median home value in East Missoula is $218,600, which is $11,600 (5%) lower than Lolo. Its rents are a little more expensive. East Missoula's median rent is $902 per month, which is $188 (20%) higher than Lolo.
Bonner-West Riverside
Bonner-West Riverside is roughly 10 miles northeast of Lolo. The real estate prices there are significantly less expensive. Bonner-West Riverside's median home cost is $65,700, which is $164,500 (250%) lower than Lolo. The rent there is somewhat more expensive. Bonner-West Riverside's median rent is $857 a month, which works out to $143 (16%) higher than Lolo.
Wye
Wye is roughly 10 miles north of Lolo. Its real estate prices are somewhat more expensive. The cost of the median home in Wye is $275,400, which comes out to $45,200 (16%) higher than Lolo. Its rents are substantially more expensive. Wye's median rent is $1,156 a month, which comes out to $442 (38%) higher than Lolo.
